Morgan Stanley may fail soon

[ThePythonicCow]

One of my favorite financial analysts, the cantankerous fear monger (I like 'em that way) Jim Willie, CB (I've no idea what "CB" stands for) of The Golden Jackass (http://www.goldenjackass.com) is anticipating that Morgan Stanley is on the ropes. They may go the way that Lehman Brothers went on September 15, 2008 -- poof (four year anniversary of that coming up in a few weeks.)

It's in his subscription newsletter, so I won't say more here ... it might not pass forum guidelines either :). Try a Google search for "Morgan Stanley implode" to get other recent evidence. Their credit rating has been reduced to near junk status. Their Facebook IPO blew up on them. They are party to the LIBOR scandal.

But if I had any money anywhere Morgan Stanley, or in interest rate swaps or derivatives, I'd move it, or mentally write it off.

[WhiteFeather]

Ahh thats too too bad. Perhaps Uncle Obama and his party friends can help out a pinch. Or Im sure The Fed and Uncle Ben has some monopoly money they can lend out.

[modwiz]

Sure am glad my tent is all paid for.

[ThePythonicCow]

Ahh thats too too bad. Perhaps Uncle Obama and his party friends can help out a pinch. Or Im sure The Fed and Uncle Ben has some monopoly money they can lend out.

Round two of the steel cage death match on Wall Street. When JPMorgan and Goldman are ready, they will pull the plug on Morgan, flushing them down the toilet. One less competitor (and as usual, some problems will be buried in the debris field.)

The stock and bond market would likely take a hit as well, as happened four years ago with Lehman. Anyone else flying too close to the edge could get wiped out ... the usual collateral damage.

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Sure am glad my tent is all paid for.

Yup - ditto for my Texas trailer.

[Anchor]

This domino will surely have momentum ?

[ThePythonicCow]

This domino will surely have momentum ?
Yeah - it will have me glued to my screen for days or weeks no doubt, wondering how much more will be taken out this round.

[Marianne]

Jim Willie, CB (I've no idea what "CB" stands for)

It could mean Certified Bookkeeper. That's a standard certification in the financial field. :)

[Setras]

Jim Willie, CB (I've no idea what "CB" stands for)

It could mean Certified Bookkeeper. That's a standard certification in the financial field. :)

or Chartered Banker.......

http://www.charteredbanker.com/home/chartered_banker/

[ThePythonicCow]

One of my favorite financial analysts, the cantankerous fear monger (I like 'em that way) Jim Willie, CB (I've no idea what "CB" stands for) of The Golden Jackass (http://www.goldenjackass.com) is anticipating that Morgan Stanley is on the ropes. They may go the way that Lehman Brothers went on September 15, 2008 -- poof (four year anniversary of that coming up in a few weeks.)

It's in his subscription newsletter, so I won't say more here ... it might not pass forum guidelines either :).
Jim Willie, CB, has posted this publicly now, at http://www.marketoracle.co.uk/Article36267.html :





MORGAN STANLEY IMPLOSION

The insider conversation, often called chatter when it become deafening in tone, is that Morgan Stanley faces imminent failure and ruin. Almost two weeks ago, the Jackass provided a tip to Bill Murphy of GATA to post on his popular LeMetropole Cafe that Morgan Stanley fund managers and high ranking employees were preparing for the firm's implosion. A subscriber to the Hat Trick Letter has a good friend whose father works as a fund manager and provided the story. It was not detailed, and bore no follow-up after my request. The older employees are selling all of their stock, some legacy stock from one or two decades ago. Many workers are making contingency plans for their next positions in another firm. When Lehman Brothers was killed, thousands of employees had to find new jobs, some without success. In the last week, the shock waves are being heard from internal Wall Street sources in an unequivocal manner. The implosion is in progress, like the collapse of several platforms and structural cables. The inside is caving in, and the ranking members recognize it, even talk about it openly. Much discussion swirls about a transition to antiquated software that is greatly disturbing the trading desks, causing tremendous problems at precisely the wrong time. A redux of the Knight disaster could be in progress.

Some like Rick Wiles of TruNews report that MS is heading for the sacrificial altar. Such an event would imply an expected benefit hoped for and beseeched. My view is in parallel but more of a harmful implosion that cannot be prevented, one that the Wall Street titans will face grand challenges to control, one they will not be able to exploit in the hidden corners where they operate. MS is going to the slaughterhouse, not the altar. Its implosion will result from lost control, and the reversion to antiquated systems will only hasten their demise. Wall Street will wish to exploit the failure, like stealing funds, like destroying documents, like concealing derivative positions, like receiving government slush funds for slimy patch projects, their usual Modus Operandi. In criminal parlance, they will create a black hole into which things vanish. They will attempt to add to the confusion, which might itself backfire and deliver more lethal challenges to the entire USDollar & USTreasury complex. This time, the spotlights will shine more brightly to reveal the activity in the shadows and crevices.

The part that many analysts might miss is that Morgan Stanley has perhaps over 300 thousand private stock brokerage accounts, with over 17,500 brokers. In the past two decades, MS merged with Dean Witter and Smith Barney to become the premier stock house with the most private accounts of any US-based stock brokerage firm. The Morgan Stanley failure might feature the first theft of private stock accounts. The critical jump might occur in account thefts from futures brokerage to stock brokerage, which began in November 2011 with MFGlobal, then appeared in July with Peregrine Financial Group (PFG-Best). All private accounts from MFG and PFG have been pilfered, with a blessing of the theft by the courts, seen in the Sentinel Mgmt Group ruling. The federal Appellate court's August ruling (CLICK HERE (http://www.reuters.com/article/2012/08/10/us-sentinel-appeals-decision-idUSBRE87900T20120810)) sets precedent for future private segregated account thefts, which were once considered sacred and untouchable. No more in the United States, not in the unfolding of criminality that stretches from USGovt offices to top corporate offices, with blessings sprinkled by the courts. The jump would be a major extension of the Fascist Business Model that nobody talks about. The major financial firms can rely upon this appellate court ruling as precedent, so as to protect their legal right to re-hypothecate client funds in their high risk leveraged positions and loans. It sure would be nice to use my neighbor's house and car to firm up my casino weekends. Stay tuned to the ongoing Morgan Stanley implosion, which could force the vanishing act of 50 to 100 thousand private stock accounts. The firm is the largest stock brokerage firm in the land. The dreadful impact will be nasty and might awaken the US masses. MFGlobal and PFG-Best surely did not.

[Rocky_Shorz]

the storm is approaching...

http://www.nhc.noaa.gov/storm_graphics/AT12/refresh/AL1212_PROB34_F120_sm2+gif/143648.gif

bankers sitting on trillions of free money instead of stimulating the economy...

speculators driving up prices out of greed...

JP Morgan destroyed Tesla...

now the banks are going to start stealing from the 1%

guess it's going to be the 99.99% soon standing against a handful...

[Sierra]

Jim Willie, CB (I've no idea what "CB" stands for)

It could mean Certified Bookkeeper. That's a standard certification in the financial field. :)

or Chartered Banker.......

http://www.charteredbanker.com/home/chartered_banker/

Or Citizen's Band (referring to CB Radio, which does not require a license).

[Rocky_Shorz]

mainline media are saying "Buy Buy Buy!!!"


NEW YORK (MarketWatch) — Shares of Morgan Stanley jumped more than 2% early Tuesday after analysts at J.P. Morgan Cazenove told clients they favor Morgan Stanley over Goldman Sachs Group Inc...

“The key reason for our preference of Morgan Stanley over Goldman Sachs is the valuation,” with, they said, Morgan Stanley trading at 7.5 times earnings and Goldman boasting a P/E ratio of 8.8.

Morgan Stanley shares added 2.2% in recent action and were among the best performing issues in premarket trading.

Goldman shares rose 0.7%... link (http://www.marketwatch.com/story/morgan-stanley-shares-rise-after-upgrade-2012-09-04)

[blufire]

In reality these giant financial companies are not failing or imploding . . . period. What we are observing is an ongoing highly complex massive internal restructuring. The ‘old’ is systematically being faded out to give the “appearance of failure” in order for us to passively allow the New Global System to then gradually put in place.

We have this knowledge . . . .a wise person will use this knowledge to their advantage.

[Rocky_Shorz]

the storm is approaching...

http://www.nhc.noaa.gov/storm_graphics/AT12/refresh/AL1212_PROB34_F120_sm2+gif/143648.gif

bankers sitting on trillions of free money instead of stimulating the economy...

speculators driving up prices out of greed...

JP Morgan destroyed Tesla...

now the banks are going to start stealing from the 1%

guess it's going to be the 99.99% soon standing against a handful...

wonder if I should take Rothschild out of my left hand yet...

these storms are rolling towards Prince Edward Island, Rothschild wealth management and trust for Canada...

[ThePythonicCow]

One of my favorite financial analysts, the cantankerous fear monger (I like 'em that way) Jim Willie, CB (I've no idea what "CB" stands for) of The Golden Jackass (http://www.goldenjackass.com) is anticipating that Morgan Stanley is on the ropes. They may go the way that Lehman Brothers went on September 15, 2008 -- poof (four year anniversary of that coming up in a few weeks.)

In this month's newsletter, Jim Willie says that despite his prediction last month, he does not expect Morgan Stanley to complete disintegrate anytime soon. They hold too many too many government securities, so cannot be allowed to fail totally. They may have parts spin off however, and customers who have any stock brokerage accounts with them (or with Merrill Lynch, which operates under the Bank of America) should get out, before their accounts are re-hypothecated stolen.

Under the bankruptcy act of 1995, derivative contracts are first in line, ahead of even segregated customer accounts!