Morgan Stanley might sell a 49% share of itself to a Chinese government controlled fund, says Bloomberg. [Bloomberg]
Post a comment
Comments:
Oh that's great, like the Chinese don't own enough of our debt. WTF, people?
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.
I for one welcome our Communist Chinese overlo... I mean, saviors...
@flamincheney:
I believe that if we default there is a clause that we legally owe them "1 Michael Phelps".
Hopefully then they will go bankrupt and screw the ChiCom SOBs.
@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.
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.
@sam-i-am: My coworker said that we can make a deal for Texas. It would solve the immigration problem too.
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.
I'm just gonna go put my head under a pillow until this hole economic crisis thing is over with.