Morgan Stanley on the block too?
nadinbrzezinski
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Sun Sep-14-08 11:10 PM
Original message |
Morgan Stanley on the block too? |
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per CNBC... my lord
That is also a LARGE bank
Folks the dominos are going down
This is NOT good
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FlyingSquirrel
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Sun Sep-14-08 11:16 PM
Response to Original message |
1. (In best Scooby Doo voice) |
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Rhuh?
(Leaping up into air, legs churning frantically)
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nadinbrzezinski
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Sun Sep-14-08 11:20 PM
Response to Reply #1 |
4. Don't know why... a depression will not be fun |
FlyingSquirrel
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Mon Sep-15-08 12:43 AM
Response to Reply #4 |
15. I'm using levity but really I'm wondering if this is finally it. |
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There have been so many cries of a real meltdown and I do believe it's inevitable - just not sure when to know it's really happening.
Not that it'll matter, there's not much I can do so I'll just wait and watch.
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Maven
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Sun Sep-14-08 11:16 PM
Response to Original message |
2. Are they just speculating |
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or is it based on any concrete data?
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nadinbrzezinski
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Sun Sep-14-08 11:19 PM
Response to Reply #2 |
3. Concrete, they said in passing they are looking for a buyer |
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and we know AIG is looking.
I am starting to wonder bout Citibank
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RUMMYisFROSTED
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Sun Sep-14-08 11:28 PM
Response to Reply #3 |
6. How does a "business" network say that in passing? |
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"Oh, and the Earth is going to plunge into the Sun tomorrow. Next up, Kent Riverdale with the weather."
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nadinbrzezinski
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Sun Sep-14-08 11:30 PM
Response to Reply #6 |
7. They're interviewing folks in the US... they also mentioned WAMU |
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the American analysts sound quite spooked
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RUMMYisFROSTED
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Sun Sep-14-08 11:37 PM
Response to Reply #7 |
9. It was fucking Lehman. And Bears. And now Stanley? |
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Spooky.
BofA and Citi are the new levees.
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nadinbrzezinski
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Sun Sep-14-08 11:38 PM
Response to Reply #9 |
11. Yeah... and citi ain't doing well, after all it was bailed out by the Saudis |
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that gives me a warm fuzzy
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madaboutharry
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Sun Sep-14-08 11:24 PM
Response to Original message |
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I know that sounds stupid, but what else is there to say. I think this is it. I honestly now believe that we are going to sink into an economic depression.
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spag68
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Sun Sep-14-08 11:35 PM
Response to Original message |
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Apparently Bank of America is going to get them. I hope they don't go broke, as BofA is my checking and savings.
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nadinbrzezinski
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Sun Sep-14-08 11:37 PM
Response to Reply #8 |
10. They bough Merrill Lynch earlier today |
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Have not mentioned they are also getting Morgan... though for again, personal reasons, it would be down right hysterical
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RUMMYisFROSTED
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Sun Sep-14-08 11:39 PM
Response to Reply #10 |
12. The free market has given us BofA and Citi. |
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Gotta love competition and a free market.
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nadinbrzezinski
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Mon Sep-15-08 12:09 AM
Response to Reply #12 |
14. Ah yes, "capitalism" at work |
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I use those, since what we have does not fit the definition of classic economics
Foolish me, actually read The Wealth of Nations
And it is on the table for a second read
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JDPriestly
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Mon Sep-15-08 12:07 AM
Response to Original message |
13. Before you know it, these banks are going to be so cheap |
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that a consortium of DUers will be able to buy one. Just kidding. Our money (assuming we have any), of course is disappearing as we blog.
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