Who stands to lose?
 

Anyone an investor in Lehman, Washington Mutual, or AIG?

"Lehman - one of the nation's largest and oldest investment banks - has
suffered a dramatic and rapid descent. Its shares, which sold for as
high as $67 in the past 12 months, have plummeted 94% this year and now
trade at $3.65.

In the past six months, the company has reported $6.7 billion in losses
due largely to bad bets on real estate. At the same time, concern is
growing about problems throughout the financial sector.

Investors are worried about whether savings and loan Washington Mutual
(WM, Fortune 500) has enough capital to survive the credit crunch and
insurance giant AIG (AIG, Fortune 500), faced with the threat of a
downgrade to its credit ratings, is said to be considering selling off
assets to raise capital. Both companies have also lost billions of
dollars this year due to the subprime mortgage meltdown."

I wonder what shareholders stand to lose money when and if these
institutions go down the drain? Certainly ordinary individual investors
should have bailed long ago. IF WM goes under, most of its depositors
will be ok.

I've never been a fan of AIG and the way it is operated. Good riddance
if it happens.