State Street (STT)

Add a New Bears Reason Company: State Street (STT) Current price: Headline: (100 character max) Analysis: Cancel 50% agree 6 votes   Legal issues Top Contributor: Hahn Lin | Created when NYSE:STT was $79.29 | Edit | History State Street has had legal issues with investors concerning losses in its bond funds. (100 character max) Cancel 0% agree 2 votes   Exposure to subprime. Top Contributor: Hahn Lin | Created when NYSE:STT was $79.19 | Edit | History State Street has four Asset-Backed Commercial Paper ("ABCP") conduits with approximately $29 Bn in assets. ABCPs have plunged due to the subprime crisis. State Street also has a $6 Bn MBS portfolio that may be subject to writedowns. (100 character max) Cancel 0% agree 2 votes   Fee Driven Profit Model in Uncertain Economy Top Contributor: Hahn Lin | Created when NYSE:STT was $79.74 | Edit | History Much of State Street's profits are driven by fees from asset managers. Thus, a bear market could lower profits this year. (100 character max) Cancel

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