Rumor: Morgan Stanley collapse imminent?

Welcome to the Precious Metals Bug Forums

Welcome to the PMBug forums - a watering hole for folks interested in gold, silver, precious metals, sound money, investing, market and economic news, central bank monetary policies, politics and more. You can visit the forum page to see the list of forum nodes (categories/rooms) for topics.

Why not register an account and join the discussions? When you register an account and log in, you may enjoy additional benefits including no Google ads, market data/charts, access to trade/barter with the community and much more. Registering an account is free - you have nothing to lose!

pmbug

Your Host
Administrator
Benefactor
Messages
14,326
Reaction score
4,523
Points
268
Location
Texas

http://www.shtfplan.com/headline-ne...o-implode-could-it-be-morgan-stanley_08272012
 
Chatting with some folks on Wall Street that I know on another forum and this rumor looks to be a dud. They are not seeing (in the markets / charts) or hearing anything to indicate it might be true.
 
CDS quote barely changed today. That's usually an early indicator, so it's probably a dud.
 
thank you PMB and SA

Its all too easy to want to believe stuff that circulates on the web

especially when its the downfall of something as bad as the Morgue

666
 
Hmm...
http://news.goldseek.com/GoldenJackass/1346270400.php

The rumor appears to be speculation based upon some grapevine intel.

 
FWIW, Jim Willie expounds a bit more on his assertion regarding Morgan Stanley:
http://www.silverdoctors.com/jim-wi...-used-by-cartel-to-settle-asian-margin-calls/
 
http://www.silverdoctors.com/widening-jpmorgan-cio-loss-could-be-next-shock-event/

"The market seems to have completely forgotten the fact that JPM’s massive CIO positions have yet to be closed. Unfortunately for Mr. Dimon, at least $90 billion in potential losses remain, and the strategy of slowing unwinding the positions will blow up in The Morgue’s face and exponentially exacerbate JPM’s losses with any further downturn in the economy."

 
Cookies are required to use this site. You must accept them to continue using the site. Learn more…