This stuff is starting to get to me.
On May 8th, the ratings agency Egan-Jones issued a note to clients that Morgan Stanley needs another $40 billion in capital to function.
http://dealbook.blogs.nytimes.com/2009/05/08/egan-jones-takes-dim-view-of-morgan-stanleys-health/
A few days later, Morgan Stanley and the Fed told us that Morgan Stanley fine and can repay the TARP.
Somebody is full of it and think I know who it is…
Now, to add insult to injury, Morgan Stanley is giving raises to its top brass. These clowns should be in jail!
http://www.bloomberg.com/apps/news?pid=20601087&sid=aoz7URVpwVro&refer=home
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