Who could be the next to fall?
Some Wall Street analysts, reports The Guardian, name Washington Mutual as the next financial major to 'find itself in serious trouble.'
However, the even bigger worry is whether the world's largest securities firms, Goldman Sachs and Morgan Stanley, would be able to survive this brutal financial crisis. But many say that these two gaints will not melt down as they have 'done a better job of spreading their bets across world markets and are also more diversified, less leveraged and have managed such risks much better.'
Image: A Morgan Stanley sign is seen at their world headquarters in New York City. | Photograph: Stephen Chernin/Getty Images
Also read: The world's most and least corrupt nations
Advertisement
