FT.com / In depth - Wall Street waits for the next domino to fall

“The most pressing question on investors’ minds: who’s next?” .......

..Wall Street waits for the next domino to fall.....

By Francesco Guerrera and Michael Mackenzie in New York

Published: March 16 2008 20:22 | Last updated: March 17 2008 02:43

FT.com / In depth - Wall Street waits for the next domino to fall:

"“The most pressing question on investors’ minds: who’s next?” said Jeffrey Rosenberg, head of credit strategy at Banc of America Securities. Analysts expect US banks to report some $50bn in additional losses in the first half of this year – in addition to the $100bn-plus in writedowns announced so far – as key markets such as leveraged loans, home equity and real estate continued to deteriorate."