Is Morgan Stanley the next Lehman? Shares down 35% today alone.
- Thread starter Port1385
- Start date
Suspension of European bank stocks may be on the cards.
http://www.telegraph.co.uk/finance/...s-Darling-ready-to-take-control-of-banks.html
http://www.telegraph.co.uk/finance/...s-Darling-ready-to-take-control-of-banks.html
Morgan may benefit from latest Treasury plans
U.S. mulls buying equity in banks as Morgan Stanley awaits MUFJ injection
By Alistair Barr, MarketWatch
Last update: 2:58 p.m. EDT Oct. 11, 2008 SAN FRANCISCO (MarketWatch) -- Morgan Stanley may benefit from the U.S. Treasury's latest plan to buy equity stakes in financial institutions as the investment bank awaits a crucial $9 billion investment from Japan's Mitsubishi UFJ.
Late Friday, Treasury Secretary Henry Paulson said the government is developing a "standardized" program to purchase equity in "a broad array of financial institutions."
"Such a program would be designed to encourage the raising of new private capital to complement public capital," he explained in a statement. See related story.
Morgan Stanley (MS:morgan stanley
Last: 9.68-2.77-22.25%
4:05pm 10/10/2008
) was hit hard this week by concerns that the firm's deal with Mitsubishi UFJ may not go through, or might have to be re-negotiated.
http://www.marketwatch.com/news/sto...x?guid={9FE0351F-B483-4112-A882-ED09CCFF59BF}
U.S. mulls buying equity in banks as Morgan Stanley awaits MUFJ injection
By Alistair Barr, MarketWatch
Last update: 2:58 p.m. EDT Oct. 11, 2008 SAN FRANCISCO (MarketWatch) -- Morgan Stanley may benefit from the U.S. Treasury's latest plan to buy equity stakes in financial institutions as the investment bank awaits a crucial $9 billion investment from Japan's Mitsubishi UFJ.
Late Friday, Treasury Secretary Henry Paulson said the government is developing a "standardized" program to purchase equity in "a broad array of financial institutions."
"Such a program would be designed to encourage the raising of new private capital to complement public capital," he explained in a statement. See related story.
Morgan Stanley (MS:morgan stanley
Last: 9.68-2.77-22.25%
4:05pm 10/10/2008
) was hit hard this week by concerns that the firm's deal with Mitsubishi UFJ may not go through, or might have to be re-negotiated.
http://www.marketwatch.com/news/sto...x?guid={9FE0351F-B483-4112-A882-ED09CCFF59BF}
It would be dire if they suspended trading in bank stocks. How would they re-open? If the cos were redesigned to look attractive and undervalued you may get some interest. The gov't makes the assumption people are selling for only one reason, fear or panic perhaps but suspension is "taking" your dollars.
There is a mess of incestuous transactions, coverups and dirty deals going on here. Nice to know what skeletons are there upfront. Now play it out for a profit. Going long MS is a relatively low risk trade. Its got government protection and should pop up for a nice profit.
Traders are so much confetti. You are the last people they are worried about.
I wouldn't go home longa share of any of them. What will I miss? A spike up of two bucks? Until they stop the shorting, until this offshore stuff dries up, the stocks will always come in.
If theyever did the right thing, doubtful, you can always change your mind.