InspectorFox

Morgan Stanley in Distress

Firesale by Morgan Stanley in India...Morgan Stanley is pressing sell — big time — in India. Sign of another impending collapse or an SOS merger? Unloads nearly 8% of its total holdings in India in a day. This is exactly how Bear Stearns proceeded in March before throwing in the towel. Doubts arise, because this was the exact path taken by two other Wall St giants, Bear Stearns and Lehman Brothers, before they went belly up in full public view.