Morgan Stanley

Wall Street by JT

Wall Street’s Bailout Hustle

Goldman Sachs and other big banks aren’t just pocketing the trillions we gave them to rescue the economy – they’re re-creating the conditions for another crash MATT TAIBBI Posted Feb 17, 2010 5:57 AM On January 21st, Lloyd Blankfein left a peculiar voicemail message on the work phones of his employees at Goldman Sachs. Fast […]

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Federal Reserve by JT

Banks Got Cheatsheet For Their “Stress Tests”

Banks Won Concessions on Tests Fed Cut Billions Off Some Initial Capital-Shortfall Estimates; Tempers Flare at Wells WALL STREET JOURNAL By DAVID ENRICH, DAN FITZPATRICK and MARSHALL ECKBLAD The Federal Reserve significantly scaled back the size of the capital hole facing some of the nation’s biggest banks shortly before concluding its stress tests, following two […]

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Banks by JT

Big U.S. Banks Will Soon Disappear

Big US Banks May Be Headed For Extinction—And Soon CNBC Posted By: Albert Bozzo | Senior Features Editor CNBC.com | 08 May 2009 | 02:30 PM ET In the world of banking, too-big-to-fail may be in the process of morphing into too-big-to-exist. After hundreds of billions in federal aid and even more in lost investment […]

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