NY Times is reporting that the US is to inject $250 billion in banks. The title could have been more precise and explicitely state that it is to seven banks.

Only big, rich banks who are in the club are receiving money. The other banks are too small (and not in the club) to reserve the cash. Seven major banks will take the big share. Could you guess who they are before reading the list below?

The other interesting part is that it is stated that they have been "forced" to receive money! What do you think guys?

List of banks:

JPMorgan Chase,
Bank of America,
Wells Fargo,
Goldman Sachs
Morgan Stanley
Bank of New York Mellon and State Street


Recent Entries

Recent Comments