I suppose if IBM ate Google, that would be eating its young, or maybe Bank of New York Mellon snacking on TPG and Ptooey Chewy 20-20.
Okay, a dead serious comment. Morgan Stanley and Wachovia might take a hit big enough to sink one or both. Could be downgraded. Or Fitch rating cut. Maybe run out of cash. Who exactly does this hurt?
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I suppose if IBM ate Google, that would be eating its young, or maybe Bank of New York Mellon snacking on TPG and Ptooey Chewy 20-20.
Sep 26 11:58 am
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All Comments by Alan von Altendorf »Next Victim, Please! [View article]
Okay, a dead serious comment. Morgan Stanley and Wachovia might take a hit big enough to sink one or both. Could be downgraded. Or Fitch rating cut. Maybe run out of cash. Who exactly does this hurt?
Were depositors hurt when JPM took over WaMu?