Morgan Stanley might sell a 49% share of itself to a Chinese government controlled fund, says Bloomberg. [Bloomberg]
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I’m just gonna go put my head under a pillow until this hole economic crisis thing is over with.
Oh that’s great, like the Chinese don’t own enough of our debt. WTF, people?
Free Melamine for opening a brokerage account!
@susitucker: Truly! WTF!
Wonder what would happen if we default on our loans from China?
Seems like it could be something that could open the window for hostility.
@flamincheney:
I believe that if we default there is a clause that we legally owe them “1 Michael Phelps”.
@flamincheney: I thought we could off-load California.
@missdona: Funny you should say that…
@sam-i-am: My coworker said that we can make a deal for Texas. It would solve the immigration problem too.
@flamincheney: But if they do unleash untold amounts of hostility, they lose even more money! Oy, damned if you do, damned if you don’t to both United States and China.
I for one welcome our Communist Chinese overlo… I mean, saviors…
Hopefully then they will go bankrupt and screw the ChiCom SOBs.
soooooo are you saying i get a free wonton if i open a morgan stanley acct? sold!
oh man, I’ve been looking for a way to get rid of the UN for a while now. This is IT! We default on everything and ship them the UN. Lock, stock, and building.
American companies selling their bad debt to the Chinese government? That might be, like, the first patriotic thing they’ve done in my lifetime.
Is Morgan Stanley affiliated with JPMorgan Chase?
It’s so hard to keep banks straight these days, even BEFORE the economic crunch.