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Posts Tagged ‘ Markits ’

Rising Tide of Level 3 Assets a ‘Disaster Waiting to Happen’

Apr 21st, 2008 | By Jennifer Yousfi | Category: Stock Market Investing

In the first quarter, Goldman Sachs Group Inc. (GS) packed another $27 billion worth of illiquid assets onto its balance sheet – a 39% increase that brought the total to $96 billion.

Tags: ABX, fed, Financial Crisis, Goldman Sachs, GS, LEH, Lehman Brothers, Markits, Mortgage Crisis, MS, US stocks
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