Goldman Sachs and Morgan could lose

Discussion in 'Trading' started by NY_HOOD, Sep 22, 2008.

  1. by these investment banks converting to commercial banks,there profitability will be reduced pretty significantly. also,there will be very stringant guidlines and capital requiremements. this was a move of desparation by both banks.
  2. I guess Blankfein screaming "Do what I say or you'll be working for a money center bank soon" has gotten a whole new twist now :cool:
  3. The change had to happen or they would have to have merged with a bank.

    Their primary problem was how were they going to exist if there was no (investment ) market out there for them.

    All those Harvard and Princeton MBAs are going to feel a little queezy as the fantasy of future monster bonuses has now evaporated as the firms will be regulated that will prevent a lot of the previous excesses.
  4. zdreg


    for all those primma donnas mbas from ivy league schools time to get a life.

    let me give you a classic line

    "Take a walk on the wild side and trade your own capital,and then let me know what your true market value is."
  5. Yeah they can lose and then raid your account./

    I imagine nice folks at places like Interactive Brokers, Global, Velocity, etc will be just fine. However there is plenty of Institutionally tied brokers out there that just might be in a cash crunch and decide to use your money for there short term benefit(before they collasped). Read on you need to know the new powers of theft given by the Gov. to steal YOUR MONEY.

    WE are in the end game. For the first time in modern history the Gov. just gave the financial banks the right to raid your very own personal brokerage account as they see fit. If they file bankruptcy then you assets will be part of the insolvency and you lose everything. Here is the proof, I suggest you read it. At this point not even treasury notes are safe. We are facing a systemic and complete collaspe of the US Banking system and Dollar. The Gov. just gave the investment banks the right and liscense to potantially steal all assets from personal stock accounts and wipe IRA's off of the map.

    Here is the article./


    This is so important a topic, that it deserves top billing!!! Hidden inside the AIG bailout funding package, surely hastily cobbled together, but carefully enough to include a totally corrupt clause, was a handy dandy clause that permits raids. The conglomerate financial firms are permitted at this point to use private individual brokerage account funds to relieve their own liquidity pressures. This represents unauthorized loans of your stock account assets. So next, if the conglomerate fails, your stock account is part of the bankruptcy process. Finally the corrupt USGovt and corrupt Wall Street houses are desperate enough to put into policy, stated by the US Federal Reserve, outlining the authorized raid of your money. Beware. A good route would be to remove your money, start a subscription here, and open a GoldMoney account, then purchase physical gold or preferably silver with my offered discount. That cannot be taken from you, and will rise 5x for gold and 10x for silver in the next two to three years. The actual evidence for legalized stock account raids by the financial firms can be found in recent articles in Financial Times and Wall Street Journal. So this is not a wild claim. The September 14th article on the Wall Street Journal entitled "Wall Street Crisis Hits Stocks" was the first exposure.

    The runs on US banks are in progress. See Washington Mutual, where private email messages have been shared by WaMu bank officers. WaMu alone could deplete the entire Federal Deposit Insurance Corp fund for bank deposit coverage. Eventually the FDIC will compete for USGovt federal money for bailouts and nationalizations. Eventually, bank deposits will not receive 100 cents per dollar, in a compromise. Next the bank runs will push banks into failure, at a time when stock accounts are under raids, without broad public knowledge.

    The link is here, from the website./

    We are facing a crises that makes the Great Depression look like a cake walk. Bears and Stearns, Lehman and the rest all survived the Great Depression, they will not survive this situation. There is 47 TRILLION DOLLARS OF CREDIT DEFAULT SWAPS THAT ARE GOING TO COLLASPE. AIG held a big portion of the 47 trillion in default swaps. The FNM and FRE nationalization most likely added around 2 TRILLION to the national debt. AIG will add TRILLIONS to the national debt, that is why Treasury Bills are now facing collaspe. The FED can not print money fast enough to try and stem the tide of defaults across the globe tied to these US CDS's, SIV's and CDO's. Collaspe is near, get out while you can. Take your money out of accounts and buy gold and silver, they will be the last store of value after the world's fiat currencies dilute themselves into oblivion.
  6. Spoken by someone who knows what they are saying, huh?