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Showing posts with label
Morgan Stanley
.
Show all posts
Showing posts with label
Morgan Stanley
.
Show all posts
Thursday, August 30, 2012
Morgan Stanley is Insolvent – Only a Matter of Time Before Total Financial Collapse
Susanne Posel,
Contributor
The fall of the House of Morgan has begun as
stock prices
on the global market at Morgan Stanley (MS) begin to fall on the New York Stock Exchange (NYSE).
According to
Rick Wiles
: “I’m hearing rumors that another major financial house is going to implode. In fact, the name I’ve been given is Morgan Stanley . . . It’s going to be put on the sacrificial alter by the financial elite.”
MS, technically speaking, is classified as
insolvent
based on mark-to-market valuation. By selling off non-core assets, MS has been
able
to “reduce its European exposure” through the manipulation of hedge funds and allocation of funds to failing financial corporations. Some mainstream media outlets tout that the Federal Reserve Bank will come in and assist MS in their insolvency and that MS “just isn’t going out of business anytime soon.”
However, on the bond market, MS is being
treated
like “a junk-rated company.” Moody’s, the rating agency that sells their ratings to whomever will pay for a triple A score, have announced they will downgradge MS’ ratings which would put all US banks at risk.
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