Fingerpointing Underway For Subprime Meltdown

  • 27 Jul 2007
Email a colleague
Request a PDF

Market participants are trying to shift blame away from themselves as the subprime market continues to become unglued, reports BusinessWeek.com. Rating agencies, hedge funds, lenders and homeowners all deserve blame for the current market environment – yet nobody is being held accountable. In the end, accountability may come down to litigation. “Ultimately,” says attorney Jacob Zamansky, “Wall Street must be held responsible. It facilitates these loans.”

Click here to read the BusinessWeek.com story

  • 27 Jul 2007

GlobalCapital European securitization league table

Rank Lead Manager/Arranger Total Volume $m No. of Deals Share % by Volume
1 Bank of America Merrill Lynch (BAML) 3,865 12 12.28
2 Citi 2,800 7 8.90
3 Goldman Sachs 2,615 4 8.31
4 Credit Agricole 2,254 6 7.16
5 Barclays 2,006 6 6.38

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 12 Jun 2017
1 Citi 46,714.29 133 12.73%
2 Bank of America Merrill Lynch 43,017.27 121 11.73%
3 Wells Fargo Securities 36,865.83 105 10.05%
4 JPMorgan 25,897.27 79 7.06%
5 Credit Suisse 19,055.29 50 5.19%