"Not that many Occupy Wall Street participants are actively checking their
stock quotes or anything but it appears that they are actually winning. Today
two of the last remaining Wall Street giants are getting the Gulliver in
Lilliput treatment as their stock prices are tied down and speared to death in a
classic sell-first-ask-questions-later hellstorm in the equity markets.
No one trusts Morgan Stanley (now majority owner of Smith Barney) and Bank of America (Merrill Lynch) may actually be better off dead than alive if you were to read The Street's consensus opinion into it's unimaginable share slide down to the sub-$6 level. In the meantime, Credit Suisse is out with a report predicting a massive loss for Goldman Sachs this quarter and UBS is still running around like a Swiss chicken with its head cut off in the wake of the $2 billion "unexpected" trading loss and the CEO's departure."
at http://www.housingwire.com/2011/10/03/in-case-you-haven%e2%80%99t-noticed-the-protesters-are-winning?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+housingwire%2FuOVI+%28HousingWire%29
No one trusts Morgan Stanley (now majority owner of Smith Barney) and Bank of America (Merrill Lynch) may actually be better off dead than alive if you were to read The Street's consensus opinion into it's unimaginable share slide down to the sub-$6 level. In the meantime, Credit Suisse is out with a report predicting a massive loss for Goldman Sachs this quarter and UBS is still running around like a Swiss chicken with its head cut off in the wake of the $2 billion "unexpected" trading loss and the CEO's departure."
at http://www.housingwire.com/2011/10/03/in-case-you-haven%e2%80%99t-noticed-the-protesters-are-winning?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+housingwire%2FuOVI+%28HousingWire%29
