Discussion in 'Stocks' started by Daal, Sep 14, 2008.

  1. Daal


    take a look at their debt profile. if leh goes into chapter 7 why would anyone keep money in MER knowing they might get into a mess that would take forever to get out of. $72b in deposits alone, this is ultra short-term debt as I understand it. I dont think MER has enough good assets to pledge at the discount window to handle a run
  2. Daal


  3. yayt


    The first link has data from June 2008. Do you know how their profile has changed since?

    It's true though, MER is definitely not in great shape, a collapse of LEH would probably not bode well for the others (good short opportunities? :D)