Does anyone in here think that this giant will have to go under pretty soon?? Their stock has been sliding by 60% and it seems like this trend will continue in a very vigorous way. Thoughts??...After MORGAN maybe it will be GOLDMAN
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Goldman won't fail
I think the government won't let anymore big banks fail. Letting Lehman go down didn't really help things to much
Too big to fail!!!
I guess we'll find out on Tuesday.
"too big to fail" is a thing of the past. If Mitsubishi's investment doesn't come through and Moodys downgrades MS, then I think it's pretty justified to say they will merge with another bank.
I think the notion of "too big to fail" in regards to Morgan is referring to a Lehman-style bankruptcy.
The Fed will not allow that to happen with Morgan or Goldman; if Mitsubishi pulls out, then yes you are right that they may have no choice but to merge.
However, it is still possible the Fed will inject capital directly.
I don't get the picture.
^^ I hope you are joking, but if you are not its "too big to fail/fall"
The Fed was trying to show that they weren't going to encoruage moral hazard, go socialist, etc etc by not bailing out Lehman. Considering the events of the last 3 weeks, those are all moot points right now. JPM, Goldman, MS, Citi, and BOA are too important to fail. They're not going anywhere, even if Paulson has to hand each one of them a $100bln no strings attached gift.
Mitsubishi is not pulling out. Had it not been for Monday vacations in asia/usa, it would have closed then. Morgan Stanley will not collapse. If they do, Goldman goes next and then we'll see a 4000 Dow and unraveling of the entire financial system domestically and globally.
It's fucking Shaq falling down. What does that have to do with Morgan Stanley's stock price? If you wanted to convey 'too obese to fall' you should have got a picture of b2's fat ass.
haha i love how you take every opportunity to mention b2.
Why would mitsubishi go through with the agreed upon deal when MS's stock has dropped so much since when the deal was agreed upon?
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Goldman Sachs: The King
I was being facetious-- stop taking yourselves so seriously, it's just money after all.
Mitsubishi will pull out. If they go ahead, the moment the deal is done, Mitsubishi will post an instant $1.5b - $2b loss depending on MS share price range of $7-11 we saw. If so, the MUFG shareholders will sue the management, and they know that. The bad side of story is, if they pulled out, that will cause system collapse. so they can't openly announce they will pull out.
My guess is that MUFG is liaising closely with US government to allow them to formulate a nationalization plan in place, before MUFG announce their withdrawl. So that as soon as MUFG deal falls through (which doesn't have any economic sense whatsoever, not to mention US style finance is gone) US government will nationalize Morgan Stanley.
If MUFG management is foolish enough (won't be too surprising, this is Jap we are talking about, and I'm Jap myself so don't call me racist) and go with this, I think MUFG share will take a battering. What future is there in a firm managed by the monkey?
Goldman Sachs will soon become Government Sachs. they aren't immune to this. This is serious matter we are facing. The very fundamental framework of our modern civilization founded on capitalism is dying if not dead already.
Government Sachs and Municipal Stanley....
Interesting article on the potential for widespread mergers in the coming weeks:
http://www.cnbc.com/id/27149028
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