GolfHos
 
Home Search Memberlist Login Register RSS Archive
*
April 25, 2024, 12:02:32 PM
Username: Password: Duration:

Home > General > The Cantina > the death of investment banks.

the death of investment banks.

 
Pages: [1]   Go Down
« Previous topic | Next topic »
  Print  
Author Topic: the death of investment banks.  (Read 1810 times)
0 Members and 1 Lurker/Spider are viewing this topic.
Aske
Lederhosen

Karma: 120
Posts: 31405
Offline Offline


View ProfileIgnore this user
the death of investment banks.
« on: September 22, 2008, 01:36:24 AM »
http://dealbook.blogs.nyt...ank-holding-companies/?em
Logged Return to Top
Quote
Russia has invaded a sovereign neighboring state and threatens a democratic government elected by its people. Such an action is unacceptable in the 21st century.
--  Chimpy McFlightsuit, CEO of Bu$hco Industries of 'Merka
Aske
Lederhosen

Karma: 120
Posts: 31405
Offline Offline


View ProfileIgnore this user
Re: the death of investment banks.
« Reply #1 on: September 22, 2008, 01:44:39 AM »
i really don't get it.  who's gonna prop up these company's stocks so they can 'bail themselves'  out?
Logged Return to Top
Quote
Russia has invaded a sovereign neighboring state and threatens a democratic government elected by its people. Such an action is unacceptable in the 21st century.
--  Chimpy McFlightsuit, CEO of Bu$hco Industries of 'Merka
Aske
Lederhosen

Karma: 120
Posts: 31405
Offline Offline


View ProfileIgnore this user
Re: the death of investment banks.
« Reply #2 on: September 22, 2008, 01:50:51 AM »
new thought,  if these companies are "too important to fail"  then they NEED to be "de-corporationed" (there HAS to be a word for that?) across the board, as an industry, in one fell swoop.... leave none behind, and get it over with like ripping a band-aid off.

the nature of maximizing short term shareholder value is inherently contrary to long term solvency and stability that is being argued for as critical.

Logged Return to Top
Quote
Russia has invaded a sovereign neighboring state and threatens a democratic government elected by its people. Such an action is unacceptable in the 21st century.
--  Chimpy McFlightsuit, CEO of Bu$hco Industries of 'Merka
twoiron
Full Metal Jacket
From: The Drawing Room

Karma: 41
Posts: 4571
Offline Offline


View ProfileIgnore this user
Re: the death of investment banks.
« Reply #3 on: September 22, 2008, 04:33:46 AM »
mehh
Logged Return to Top
"Nothing says sorry like a warm plate of bacon... or so I'm told"
gleek
Flak Jacket

Karma: 107
Posts: 9510
Offline Offline

E chu ta!

View ProfileIgnore this user
Re: the death of investment banks.
« Reply #4 on: September 22, 2008, 07:01:32 AM »
But long is it going to take for Goldman and Morgan Stanley to acquire enough retail banking accounts for their new classification to even matter?
Logged Return to Top
Woman, open the door, don't let it sting. I wanna breathe that fire again.
gleek
Flak Jacket

Karma: 107
Posts: 9510
Offline Offline

E chu ta!

View ProfileIgnore this user
Re: the death of investment banks.
« Reply #5 on: September 22, 2008, 07:04:59 AM »
I see. They'll do it the old-fashioned banking way--by acquisition.

Quote
By becoming bank holding companies, Goldman Sachs and Morgan Stanley gained some breathing room in the immediate term. But the change also may lay the groundwork for additional deal making. Given the number of bank failures expected this year, it is possible that Goldman and Morgan Stanley could seek to buy those banks cheaply in a “roll-up” strategy.
Logged Return to Top
Woman, open the door, don't let it sting. I wanna breathe that fire again.
MFAWG
Rich Corinthian Leather Jacket

Karma: 31
Posts: 5720
Offline Offline


View ProfileIgnore this user
Re: the death of investment banks.
« Reply #6 on: September 22, 2008, 07:10:32 AM »
I wanna know why nobody has jumped out of a window yet...
Logged Return to Top
The things that will destroy America are prosperity at any price, peace at any price, safety first instead of duty first, the love of soft living and the get rich quick theory of life. -- Teddy Roosevelt
gleek
Flak Jacket

Karma: 107
Posts: 9510
Offline Offline

E chu ta!

View ProfileIgnore this user
Re: the death of investment banks.
« Reply #7 on: September 22, 2008, 07:38:00 AM »
Because of the safety net:
Logged Return to Top
Woman, open the door, don't let it sting. I wanna breathe that fire again.
Pages: [1]   Return to Top
  Print  
« Previous topic | Next topic »
 
Jump to:  

Related Posts
[Politics/Econ] This is going well
http://news.yahoo.com/s/ap/20081028/ap_on_bi_ge/financial_meltdown[quote]WASHING
by MFAWG

More "whining"
Check out these charts of the financial sector:[url=http://finance.yahoo.com/q/b
by gleek

[Politics/Econ D+G] hey brother, can you spare $1T?
If that's the case, this bailout, at first blush, looks to be far worse tha
by gleek

Zombies FTW!!!!
http://www.huffingtonpost.com/2009/02/20/schumer-failed-zombie-ban_n_168625.html
by MFAWG

  


 
  Powered by SMF | SMF © 2001-2009, Lewis Media

Dilber MC Theme by HarzeM