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myLot reputation of 71/100. chiaeugene (1495)   ranked 271 out of 6,662 in making money1 year ago

rumours is spreading that morgan stanley is racing to secure a financial lifeline from a big japanese bank over the weekend as confidence in the bank continue to erode. there is a possiblity that a japanese bank would buy over the entire firm in order to restore stability and faith to the community as its failure would again send the whole market into chaos. its share has fall by 82 this yr alone. if MS does fall, i guess it would mean most banks in most countries would be affected and it would trigger a wholesale rush for people to liquidate their assets asap. what a bad year this is for us and let us all hope that we can pull this through together.

 
 
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tags:  morgan stanley, market, international, down, wholesale
 
1. myLot reputation of 79/100. chennai_b07 (442)   1 year ago

Oh God... Already the problem of "Lahman Brothers", will affect the International market in big volume..

If you see the internaional market after receiving this informations, the market has fall down to 40% from the level on that day.. Already the market is in the falling trend for the past four months.

If this morgan stanley has become problem, means that, the market may fall futher from this level may be another 20 to 30%,Most of the investors will get suffored.. Already, the retail investors most of the people already get out from the market, and some of them are in huge panic, infact, one of our neibour has commit suicide, due to "No income" from the market, because he is the Agent of the "Mutual fund" and the Post office investment and etc..

For the past 4 to 6 months, he doesn't get any business.. there is a problem between his wife.. atlast he commited suicide..

If market falls will continue, the country will espect more suicide like our neibour..

Have a good day.


myLot reputation of 71/100. chiaeugene (1495)   ranked 271 out of 6,662 in making money  1 year ago

yes, this is sad news and keep our finger cross and hope some financial package can be sort out to rescue the situation. many have already seen their portfolio drop by half and still going down. there would be some who would not be able to take such a setback. let pray for them that they can get over it

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2. myLot reputation of 94/100. creationsbyrobin (1825)   ranked 154 out of 6,662 in making money   1 year ago

Well, that's not great news at all. That should make the stock market plummet a few hundred more points in the US tomorrow. Hopefully, Morgan Stanley will work something out real soon and avoid more negative press for the market.

Though I don't know why anyone would want to buy any of these troubled banks in the US. They made so many horrible housing loans that are going bad and they haven't even begun to mention all the commercial loans that are failing. Add in all the credit card troubles and these banks will be lucky to get 10 cents on the dollar for their companies.
Yes, let's all hope that we can get through this and hopefully someone, anyone will go after the criminals who profited so much by fleecing the public.


myLot reputation of 71/100. chiaeugene (1495)   ranked 271 out of 6,662 in making money  1 year ago

we must definitely go after those who are responsible for getting into this mess and causing such widespread misery and tragedies. they need to be held responsible and i won't be surprise if they have already chalked up their assets in comfort. they cannot be let off easily while they prosper(may not)in others miseries

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