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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (40032)9/17/2008 6:45:22 PM
From: prosperous  Read Replies (2) | Respond to of 217895
 
>>SEC issues naked short selling rules -- Bloomberg. <<

Well let us hope they don't have to ban any selling or institute a selling quota (even against a long position). This is not a time to worry about how low stocks go or how high gold goes (get that manipulation out of mind), but a time to save a$$ for the powers



To: TobagoJack who wrote (40032)9/17/2008 10:28:27 PM
From: Jacob Snyder1 Recommendation  Read Replies (2) | Respond to of 217895
 
<abusive naked short-selling>

All my naked shorting is compassionate and humanitarian. I think a few mortgage brokers should be crucified at the entrance to the NY Stock Exchange, to deter abusive naked long positions, which have done so much damage to the financial system.



To: TobagoJack who wrote (40032)9/18/2008 10:35:56 AM
From: Riskmgmt  Read Replies (2) | Respond to of 217895
 
And the beat goes on...

A few weeks ago MS and GS were the strong stand out untarnished by the problems of the other troubled investment banks and now...

Morgan Stanley Said to Be in Talks to Sell Stake to China's CIC

By Christine Harper

Sept. 18 (Bloomberg) -- Morgan Stanley, the second-biggest U.S. securities firm, is considering selling a larger stake to China Investment Corp. and is in talks about a possible merger with Wachovia Corp., said a person familiar with the matter.

China Investment Corp., the state-controlled investment fund, bought a 9.9 percent stake in Morgan Stanley in December after the New York-based investment bank reported a quarterly loss. The Chinese fund could buy as much as 49 percent of Morgan Stanley, said the person, who declined to be identified because the talks aren't public and may end in no agreement.

John Mack, Morgan Stanley's chief executive officer, got a call from Wachovia yesterday indicating interest, said a person with knowledge of the matter. Talks about a deal with Wachovia have ``advanced,'' CNBC reported.

The New York-based firm is also seeking ways to limit short sales of its stock, the person said.

Morgan Stanley's shares slid for an eighth consecutive day, down $1.84, or 8.5 percent, to $19.91 in New York Stock Exchange composite trading at 9:52 a.m.

To contact the reporter on this story: Christine Harper in New York at charper@bloomberg.net.
Last Updated: September 18, 2008 09:53 EDT

bloomberg.com



To: TobagoJack who wrote (40032)9/18/2008 10:58:13 AM
From: Riskmgmt  Respond to of 217895
 
And the beat goes on...

A few weeks ago MS and GS were the strong stand out untarnished by the problems of the other troubled investment banks and now...

Morgan Stanley Said to Be in Talks to Sell Stake to China's CIC

By Christine Harper

Sept. 18 (Bloomberg) -- Morgan Stanley, the second-biggest U.S. securities firm, is considering selling a larger stake to China Investment Corp. and is in talks about a possible merger with Wachovia Corp., said a person familiar with the matter.

China Investment Corp., the state-controlled investment fund, bought a 9.9 percent stake in Morgan Stanley in December after the New York-based investment bank reported a quarterly loss. The Chinese fund could buy as much as 49 percent of Morgan Stanley, said the person, who declined to be identified because the talks aren't public and may end in no agreement.

John Mack, Morgan Stanley's chief executive officer, got a call from Wachovia yesterday indicating interest, said a person with knowledge of the matter. Talks about a deal with Wachovia have ``advanced,'' CNBC reported.

The New York-based firm is also seeking ways to limit short sales of its stock, the person said.

Morgan Stanley's shares slid for an eighth consecutive day, down $1.84, or 8.5 percent, to $19.91 in New York Stock Exchange composite trading at 9:52 a.m.

To contact the reporter on this story: Christine Harper in New York at charper@bloomberg.net.
Last Updated: September 18, 2008 09:53 EDT

bloomberg.com