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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 389.75+0.5%Dec 1 4:00 PM EST

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To: Haim R. Branisteanu who wrote (40277)9/23/2008 2:24:29 PM
From: TobagoJack1 Recommendation  Read Replies (3) of 218131
 
muddle through, either in panic or after deliberation, and pray or prey along the way

just in in-tray

Goldman is now a bank, correct?
They need a cheap deposit base, correct?
What are the odds that the FDIC takes over WaMu in the coming few weeks and Goldman "conveniently" picks up the WaMu deposits sans toxic loans for a cheap price of perhaps no premium for its deposit base?
Surely Goldman is thinking of something along these lines....

With Morgan Stanley taking in $8.4 Billion of new money, I presume that their leverage ratio has gone from roughly 25 to 1 to 20 to 1?
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