Goldilocks and the three bears

29 Jan 2008 By Antony Currie

Whether toxic or just hard to value, investment banks’ level 3 holdings are revealing. Lehman and Morgan Stanley putting commercial property assets in the hardtovalue bin could be worrisome. Goldman Sachs, on the other hand, has already been snapping up distressed mortgages.

This content is for Subscribers only


Email a friend

Please complete the form below.

Required fields *


(Separate multiple email addresses with commas)