Morgan Stanley on the block too?

[nadinbrzezinski]

per CNBC... my lord

That is also a LARGE bank

Folks the dominos are going down

This is NOT good

[FlyingSquirrel]

1. (In best Scooby Doo voice)

Rhuh?

(Leaping up into air, legs churning frantically)

[nadinbrzezinski]

4. Don't know why... a depression will not be fun

[FlyingSquirrel]

15. I'm using levity but really I'm wondering if this is finally it.

There have been so many cries of a real meltdown and I do believe it's inevitable - just not sure when to know it's really happening.

Not that it'll matter, there's not much I can do so I'll just wait and watch.

[Maven]

2. Are they just speculating

or is it based on any concrete data?

[nadinbrzezinski]

3. Concrete, they said in passing they are looking for a buyer

and we know AIG is looking.

I am starting to wonder bout Citibank

[RUMMYisFROSTED]

6. How does a "business" network say that in passing?

"Oh, and the Earth is going to plunge into the Sun tomorrow. Next up, Kent Riverdale with the weather."

[nadinbrzezinski]

7. They're interviewing folks in the US... they also mentioned WAMU

the American analysts sound quite spooked

[RUMMYisFROSTED]

9. It was fucking Lehman. And Bears. And now Stanley?

Spooky.

BofA and Citi are the new levees.

[nadinbrzezinski]

11. Yeah... and citi ain't doing well, after all it was bailed out by the Saudis

that gives me a warm fuzzy

[madaboutharry]

5. This is really bad.

I know that sounds stupid, but what else is there to say. I think this is it. I honestly now believe that we are going to sink into an economic depression.

[spag68]

8. Morgan-Stanley

Apparently Bank of America is going to get them. I hope they don't go broke, as BofA is my checking and savings.

[nadinbrzezinski]

10. They bough Merrill Lynch earlier today

Have not mentioned they are also getting Morgan... though for again, personal reasons, it would be down right hysterical

[RUMMYisFROSTED]

12. The free market has given us BofA and Citi.

Gotta love competition and a free market.

[nadinbrzezinski]

14. Ah yes, "capitalism" at work

I use those, since what we have does not fit the definition of classic economics

Foolish me, actually read The Wealth of Nations

And it is on the table for a second read

[JDPriestly]

13. Before you know it, these banks are going to be so cheap

that a consortium of DUers will be able to buy one. Just kidding. Our money (assuming we have any), of course is disappearing as we blog.