The Weakness of the Treasury's New Bailout Plan [View article]
BTW, they had already stated what amount of money each bank will receive.
"The Treasury plans to spend $25 billion each for stakes in Citigroup and JPMorgan, people said. Another $25 billion will be divided between Bank of America and Merrill, which agreed last month to be acquired by Bank of America. Wells Fargo is to get at least $20 billion, Goldman and Morgan Stanley will each get $10 billion, and State Street and Bank of New York will get about $3 billion each, people said."
Morgan Stanley: Not Out of the Woods [View article]
Felix, seriously, please explain. When you said "nationalized" did you mean equity holder will be more or less wiped out like AIG, FNM, FRE? That contradicts what Paulson said (non voting rights, protect shareholders, etc.)
I was long from 7.65 and sold for double this morning. But I am still curious what you mean exactly or are you just ranting?
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Latest comments | Highest ratedThe Weakness of the Treasury's New Bailout Plan [View article]
"The Treasury plans to spend $25 billion each for stakes in Citigroup and JPMorgan, people said. Another $25 billion will be divided between Bank of America and Merrill, which agreed last month to be acquired by Bank of America. Wells Fargo is to get at least $20 billion, Goldman and Morgan Stanley will each get $10 billion, and State Street and Bank of New York will get about $3 billion each, people said."
The Weakness of the Treasury's New Bailout Plan [View article]
Morgan Stanley: Not Out of the Woods [View article]
I was long from 7.65 and sold for double this morning. But I am still curious what you mean exactly or are you just ranting?
Morgan Stanley: Not Out of the Woods [View article]
The Last Days of Morgan Stanley [View article]