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General Category => General Discussion => Topic started by: Americanhero1 on September 18, 2008, 05:03:52 PM

Title: Morgan Stanley, banks rush to complete deals
Post by: Americanhero1 on September 18, 2008, 05:03:52 PM

NEW YORK - Wall Street entered into another round of speed dating, with bankers representing Morgan Stanley and Washington Mutual scrambling to put together deals in the biggest realignment of the financial industry since the 1930s.

http://news.yahoo.com/s/ap/20080918/ap_on_bi_ge/banking_turmoil

Title: Re: Morgan Stanley, banks rush to complete deals
Post by: Zelhar on September 18, 2008, 05:12:46 PM

Quote from: Americanhero on September 18, 2008, 05:03:52 PM

NEW YORK - Wall Street entered into another round of speed dating, with bankers representing Morgan Stanley and Washington Mutual scrambling to put together deals in the biggest realignment of the financial industry since the 1930s.

http://news.yahoo.com/s/ap/20080918/ap_on_bi_ge/banking_turmoil

This seems like a silly combination, as both banks are almost equally troubled. May be they want to commit mutual suicide.