People have been speculating a lot about non-subprime related exposure, and whether such exposure will merely add to the industry's woes. According to Financial News Online, Goldman Sachs has issued a report that says that total losses from commercial real estate, home mortgages not including subprime loans, and other consumer and corporate loans will likely hit $330 billion. By contrast, total subprime-related losses will likely hit just $210 billion. So the industry has much more than subprime and Alt-A loans to grapple with. That the meltdown will spread seems inevitable. Stay tuned. We're still looking for a bottom.  

For more:
- here's the Financial News Online article