I'd like to know how much US 'investment bank' $$ are tied to Dubai World's derivatives Ponzi scheme??
I think we're going to find out in pretty short order today, but if I had my guess it'd be those banks with big investment arms such as Chase, BofA, CitiBank. I'd also pay attention to the State Street's and BONY's who often act as custodian's for major investors as they seek to re-evaluate their holdings today, assuming they have any of the funds from Dubai.