If Morgan Stanley goes down, will the closure rumours spread to Goldman?

To bring up the old adage "What's good for GM is good for the country", well, that is the way I have viewed GS. GS is the new GM since the decline of manu.

It wouldn't be good for GS to fail. GS is the epitome of what we do in this country, manufacture "financial instruments" using a pencil and paper.
 
1) MS will be the second-to-last domino standing.
2) GS wil be the last domino standing.
3) After it falls, that will mark the "final bottom", just like the Bank Holiday in 1933. We'll see. :cool:
4) IBKR will merge with a foreign currency bucket shop. :D
 
Quote from capmac:

GS traders are shorting the hell out of MS and their own stock to survive....

good observation. they can secure the bonuses that are paid in restricted stock
 
Quote from Cutten:

MS wasn't badly run yet even they are getting affected by the rumours of having to firesale like MER did. If so, that would leave only Goldman as the "last man standing". What do you think are the chances of GS plummeting into double or even single digits in the next month or two? And if it happened, would you be buying or shorting it to $0?

MER deal wasn't exactly a firesale....they recieved 50% premium. sure, they dumped their mortgage derivatives at 22c per dollar.
 
Quote from IzzyfoShizzy:

in my opinion, neither morgan stanley nor goldman will be left standing before this is all over. its a new era and wall street is changing. the independent investment banks can not survive in the form that they are currently in.

morgan stanley is at least considering a merger (they should merge with JP Morgan and call it JP Morgan Stanley). Goldman strikes me as more "proud" and will probably try to fight it out until they find themselves in the same position LEH was.

goldman is a short from here on out. just my opinion
it's funny Morgan Stanley and JPM's name just fits right in......they are meant to be together lol
 
Back
Top