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Money And Markets - China Sends Obama a Clear Message
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Naked Capitalism - Wall Street Firms [...]
by Constantine von HoffmanJanuary 15, 2009
Bailout
Yep, it’s so bad some companies are actually resorting to telling the truth.
Société Générale says it expects the United States’ economy to enter a depression and that China’s economy in in danger of imploding. Albert Edwards, an analyst for the European financial services giant, wrote:
While economic data in developed economies increasingly reflects depression rather than [...]
Will a majority stake in Morgan Stanley be sold to China? Brad Setser from the Council of Foriegn Relations weighs in on a report from Reuters about how such a deal between the China Investment Corporation may look.
Reuters is reporting that Morgan Stanley has approached the China Investment Corporation (CIC) for additional capital; it isn?t [...]
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