http://www.bloomberg.com/apps/news?pid=20601103&sid=arV.SiJ8Bm8M&refer=news
That's how bogus all of this is
If we tried for a welfare or a bailout they would make us sell our assets
This is just how bogus this whole system is!
It's just sickening the special little perks these corporation are allowed to do that anyone else in their situation would be made to fold!
From "99" on and the Freddie and Fannie thing comes out people are really going to see what this ride was all about and just who was collecting that fare and how fast
and why they where able to.
3/4 of all the mortgages in the US in Fannie and Freddie which we already took on
so why the hell are they still failing?
And why do they think the taxpayer should pay for it?
Something is REALLY starting to stink now
Because it doesn't make sense! That's what happens when you sell debt to many times.
Morgan Stanley, the second-largest bank in commodities trading, will seek U.S. regulatory approval to retain its oil tankers, metals dealing and raw-materials businesses after becoming a commercial bank this week.
The former investment bank is already exempt from the restrictions that apply to its new status for as long as five years, the New York-based company said today in an e-mailed response to questions. Morgan Stanley and rival Goldman Sachs Group Inc. became bank-holding companies Sept. 21 to gain greater access to federal funds.
``Morgan Stanley will seek permission from
