Nancy B. King
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Saturday, November 29, 2008

Banking Crisis--Who now Owns Whom, etc.?

I created this list to keep track of what has happened to whom. Go here for a detailed recap.

Those Acquired:

  • Country Wide acquired by Bank of America
  • Merrill Lynch acquired by Bank of America
  • Bear Stearns acquired by JPMorgan
  • Washington Mutual acquired by JPMorgan
  • Wachovia acquired by JPMorgan

Those Who Became Bank Holding Companies:

  • Goldman Sachs
  • Morgan Stanley
  • American Express
Those Who Took Bankruptcy:
  • IndyMac
  • Lehman Brothers
Those Taken Over by the Fed:
  • Fannie Mae
  • Freddie Mac
  • AIG

12:12:05 PM    comment []


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