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iambateman's picture

whats next for GS/MS

by iambateman Certified User (Gorilla, 732 Banana Points Points) on 9/16/08 at 9:53pm

i think the days of the independent investment bank are over and dont think a GS/MS merger makes sense (too many crossovers). so what will happen to them...will wachovia and HSBC step in and buy em?

is there money to be made buying MS/GS stock assuming they are taken out at a premium

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the show's picture

GS is not going anywhere

by the show (Baboon, 163 Banana Points Points) on 9/16/08 at 9:58pm

Only the devil himself can take them down

bearing's picture

Wouldn't you think given

by bearing (Orangutan, 264 Banana Points Points) on 9/16/08 at 10:00pm

Wouldn't you think given their stronger positions that MS/GS would be the acquirer of a commercial bank?

iambateman's picture

they dont have nearly enough

by iambateman Certified User(Gorilla, 732 Banana Points Points) on 9/16/08 at 10:06pm

they dont have nearly enough $$ and financing a deal like that in this market is impossible.