Morgan Stanley Said to Mull Deal; Wachovia Calls Mack

[brownsfan019 17]

http://www.bloomberg.com/apps/news?pid=20601103&sid=aq7MVYNcRHKY&refer=news

 

Click link [Long Story]

 

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It's very interesting to watch these financial behemoths become a thing of the past overnight. It's kind of sad to see these big names just come tumbling down.

 

If nothing else we are witnessing history day in day out recently. Every day seems to be a 'play which financial giant is going to fall today'.

[james_gsx 16]

It's pretty impressive for sure. I have a feeling that by the end of this mess Goldman Sachs will be the only investment bank remaining. Mainly because they are so good at managing risk, and the fact they have $100b in same-day liquidity set aside for a financial crisis doesn't hurt.

[MAHDY 10]

i don't know when this geam finish?