The Crumbling Effects!!!

ravishingshloka thumbnail
Posted: 17 years ago
#1
Mitsubishi UFJ Financial Group Inc (MUFG), Japan's largest bank, said on Monday it planned to acquire as much as 20% of US investment bank Morgan Stanley as part of a broader strategic alliance.
The investment comes a day after both Morgan Stanley and Goldman Sachs Group Inc were granted approval to become bank holding companies regulated by the US Federal Reserve, effectively ending the investment banking model that has dominated Wall Street for more than 20 years.
The Mitsubishi investment, estimated to be as large as $8.5 billion, is the latest in a series of positive developments for Morgan Stanley.

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jagdu thumbnail
18th Anniversary Thumbnail Dazzler Thumbnail
Posted: 17 years ago
#2
Two dozen hedge funds have been asked to turn over trading info-were traders spreading rumors to manipulate shares? 6 institutions may have been subject to such manipulation ravishingshloka, including those 2 names you mentioned and the others were people who I bank with-Wamu, AIG, Lehman, Merrill Lynch. Trading data and email communiqes have been requested. Short selling contributed to the collapse of Bear StearnsThis method can have the effect of putting extra pressure on stock prices.
Temporary banning of short selling of stocks of financial companies has been enacted by several countries now.
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