New Century collapse sends shockwaves across the biggest lenders on Wall Street

Uh-oh! I think that they call this "contagion", although many Wall Street pundits are screaming at the top of their lungs that the subprime lending problems are isolated and will not have any effect on the overall economy. Hmmmmm.

Top 15 Creditors (by Size) to New Century

1 Goldman Sachs Mortgage Company

2 Credit Suisse First Boston Mortgage Capital LLC

3 Credit-Based Asset Servicing and Securitization LLC

4 Morgan Stanley Mortgage Capital

5 DB Structured Products

6 Deutsche Bank

7 Bank of America

8 UBS Real Estate Securities

9 Lehman Brothers Bank FSB

10 Countrywide

11 Citigroup Global Markets Realty

12 Residential Funding Corporation

13 SG Mortgage Finance

14 IXIS Real Estate Capital

15 Barclays Bank