I have been following the recent liquidity crisis, which has been caused by the problems with subprime mortgages.   Given that Wall Street’s five big brokers, Merrill Lynch, Goldman Sachs, Lehman Brothers Holdings, Morgan Stanley and Bear Stearns, and many of the world’s bankers have exposure to mortgages and mortgage backed securities, I decided to do some research on this problem and how it could affect the stock market … continue reading