There are no Investment Banks left in the USA! - GoFuckYourself.com

DateDoc · 09-21-2008, 08:48 PM

Investment bank era ends as Morgan, Goldman convert into banks.

Quote:

WASHINGTON (MarketWatch) -- In yet another extraordinary development for Wall Street, the Federal Reserve said late Sunday night that venerable investment banks Goldman Sachs and Morgan Stanley will become bank holding companies.
The Wall Street titans will be allowed to transition into holding companies following a mandatory five-day waiting period, and will be able to take advantage of credit from the Federal Reserve Bank of New York in order to complete the transition.

http://www.marketwatch.com/news/stor...64DAA26398D%7D

CunningStunt · 09-21-2008, 09:30 PM

Holy shit. They're getting hit hard here too in Australia. I have a bundle tied up with Macquarie, and they look like they're going to be kicked firmly in the nuts.

RTP · 09-21-2008, 09:41 PM

well there goes investment banking

"convert or die" - fed

Ace_luffy · 09-22-2008, 01:25 AM

arab countries like saudi arabia , planning to pull-out there investment

Vendot · 09-22-2008, 02:06 AM

Well fuck me with a fiddle stick!

What does this mean?

09-21-2008, 09:41 PM	#3
RTP aka Jimmy James Industry Role: Join Date: Nov 2006 Location: Newport Posts: 1,335	well there goes investment banking "convert or die" - fed __________________ Jimmy James ATKingdom/AMK Empire Since 1996 - My Movies Home of ATKGirlfriends - Where we take pornstars on trips...and fuck them. Connect with me on LinkedIn

09-22-2008, 01:25 AM	#4
Ace_luffy www.creationcrew.com Industry Role: Join Date: Feb 2005 Location: CREATIONCREW.COM CREATIONCREW.COM CREATIONCREW.COM CREATIONCREW.COM CREATIONCREW.COM CREATIONCREW.COM Posts: 12,111	arab countries like saudi arabia , planning to pull-out there investment __________________ ++ Adult and Mainstream Websites Designs \| 10 banners for only $50 \| html5 Banners ++ email : [email protected] Telegram : https://t.me/creationcrew \| HTML5/Responsive Site - Div/CSS - ElevatedX - NATs - Wordpress

09-21-2008, 09:30 PM	#2
CunningStunt Confirmed User Industry Role: Join Date: Aug 2006 Posts: 5,594	Holy shit. They're getting hit hard here too in Australia. I have a bundle tied up with Macquarie, and they look like they're going to be kicked firmly in the nuts.

09-22-2008, 02:06 AM	#5
Vendot Confirmed User Industry Role: Join Date: May 2002 Location: Malaysia Posts: 3,376	Well fuck me with a fiddle stick! What does this mean?