GKM

Thursday Outlook: Commodities, Emerging Markets

How pathetic. Morgan Stanley upgrades the financials to try to build a floor. When was the last time anything that came out of a bankers mouth was trustworthy? Someone help me out here please. MBIA and Ambac: "we're a-okay". Lehman: "we're raising capital because the market wants us to". What a joke.

MS must be worried about themselves and what might happen if things continue to deteriorate. To me they are running on the treadmill and its about to notch up to 10. Lehman's down 8% pre-market. How pathetic.