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Getting back to the original theme of the thread, as was stated elsewhere, this thing could go 50% either way on news in minutes. There is news and there is "news" i.e. propaganda manufactured for a purpose - nobody gets prosecuted for this sort of thing anymore (if they ever did). Now, If...

They will have to be quick or there will be nothing to buy - and JPM will get it for $1. To a commercial bank with Investment Banking asirations and no IB presence buying a US bulge bracket IB makes sense until the honeymoon period is over and clash of cultures becomes aparent. As for J.C...

The clearing business has value, but for many other business lines it is cheaper to poach stars than buy a lot of duplicate businesses. No institution can justify having funds with BSC now, its all downside risk, no upside to do that. No clients, no business, whereas with MO for examle, people...

Think about it, the Fed is bailing out a company whose major shareholder can't be bothered to turn up.

Lewis, the second-largest shareholder of the New York-based securities firm, added 1.8 million shares to bring his holdings to 9.4 percent as of Dec. 31, according to data compiled by Bloomberg. Morgan Stanley, the third-biggest investor through mutual funds offered to clients, upped its...

They go on a marketing trip to get new investors to replace the investors whose funds they blew up.

Lewis is known to be close to Cayne. my theory is that he is a nominee and the account he is using is probably funded by someone else. Just a feeling, nothing to subsantiate. From what very little I know of Lewis this huge bet on a listed stock does not ring true. It seems not to be his style.

The fact that someone who spent so many years with MS in a high profile position can only raise USD 1.5bn says it all. Biggs is like Mobius - a hero of 1993. On a serioous note, people have to be gently moved out of senior positions as they get old because they become inflexible in their...

Another timely downgrade from S&P. Luckily the stock had only dropped 50% when they warned their clients that there might be a problem with BSC. Saving the remaining 50% on the way to zero must make the S&P subscription worthwhile...

There will be a Fed brokered takeover, probably by JPM. Before you rush in, Barings was bought for GBP1.00

Greenberg et al should be prosecuted for making deliberately misleading statements in light of what has transpired. This was blatant lying about BSC's financial condition.

Being bailed out by Fed, as was CFC to the tune of USD55Bn. The banks always get their way. CFC bailout in thencontext of avoiding a bank run I can just understand but BSC is NOT a deposit taking institution and it's individual clients are all HNWI. THERE IS NO REASON FOR A PUBLIC BAIL OUT OF AN...

If I have my dates right The Chimp is giving a speech on the economy on Wednesday so the Fed will cut on Tuesday regardless of CPI or anything else.

A Hedge fund is something that charges 2/20 to lose your money and then halts withdrawals so you can't pull out what they havn't managed to lose yet. More to come.

Also, Paulson has a vested interest in stalling this issue until it works through with time. He stated that this was "not about pointing the finger", because of course he was GS CEO at the time all this FRAUDulent packaging was going on and the finger points at him and his ill gotten gains...

Value is a very very misquoted or misunderstood genre. Anything with a low P/E is touted as 'value' - it is more likely a failing company. Don't confuse pseudo value players with real 'margin of safety' value players. Bill Miller is an idiot who says he is a value player for marketing purposes...

Paulson clearly has no idea that the education level in Europe is way higher than that of the 50% of the US who voted for Bush. All he is doing is completely destroying his credibility and the credibility of the US with the rest of the world by making such idiotic statements. What needs to...

If I were him I wuld not go around saying things like that unless he wants a call from Paulson telling him he should be more of a patriot and asking him if he is sure there is nothing in his tax filings for a determined team form the IRS to get contentious about,

Don't tell ET, tell the pus buckets themselves what you think of them: http://www.federalreserve.gov/feedback.cfm

Agree