MS is a failed business model trying to re-engineer into a commercial bank, thats incredibly shady on the face of it.
What if KFC decided to go into roast beef sandwiches after failing at the chicken game, would you invest? The bigger question is will Paulson invest, he won't.
bye bye Morgan Stanley, all thats left is a cameo for Mack in front of Congress.
When Hedgies Attack: Morgan Stanley Drops 40% on Rumors [View article]
If shorts can take you out, you need to be taken out.
You also left out the foundational info on CEO Mack.
<blockquote>The SEC gave "preferential treatment" to Wall Street executive John Mack during an insider trading investigation three years ago because Mack was about to become CEO of the Morgan Stanley investment banking firm, the SEC's inspector general concluded in a report obtained by ABC News. </blockquote>
The Japanese may not want in on this scandal in the making.
The Last Days of Morgan Stanley [View article]
What if KFC decided to go into roast beef sandwiches after failing at the chicken game, would you invest? The bigger question is will Paulson invest, he won't.
bye bye Morgan Stanley, all thats left is a cameo for Mack in front of Congress.
The End.
Morgan Stanley Appears a Little Too Desperate for Cash [View article]
The Japanese are also sensitive to CEO Macks "issues" with the SEC.
bye bye Morgan Stanley.
When Hedgies Attack: Morgan Stanley Drops 40% on Rumors [View article]
You also left out the foundational info on CEO Mack.
<blockquote>The SEC gave "preferential treatment" to Wall Street executive John Mack during an insider trading investigation three years ago because Mack was about to become CEO of the Morgan Stanley investment banking firm, the SEC's inspector general concluded in a report obtained by ABC News. </blockquote>
The Japanese may not want in on this scandal in the making.
Next Victim, Please! [View article]
This needs to continue. Your analogy is false.
Bad business models fail and better models emerge in a free market economy. Some (not all) banks took on a casino model, now they pay.
Thats a very good thing.
The Banking Sector Has Bottomed [View article]
Look near term for them to hit July lows and beyond that..
All this toxic paper is going to be marked to market if they want goodies from Paulson. The dirty laundry you are about to see will be astounding.
(short mer,ms,wb)
Goldman, Morgan Stanley Become Bank Holding Companies [View article]
These entities are no longer viable as investment banks, they go under no matter how much Paulson is able to steal from the Treasury.
If a baker turns into a butcher, is he still a baker?