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Morgan Stanley considers merger

Yan He said:
Tax-payer ?
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Where tax payers take all that money? :) We are spending on two wars in Iraq in Afghanistan; just bailed out Bear, AIG, Freddie and Fannie; trying to enter cold war with Russia because of some small part of Georgia; and now we are going to create a fund to bail out whole Wall Street... I will feel much "better" sending my quarterly tax-check next time.
 
Andy said:
We live another day to tell our children that "I survived the crash of 2008" ;)
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LOL, some of us might have even been employed at Lehman in 1987 when the crash from nowhere happened.... over 20% in a single day without any significant news catalyst, but then trading firms were not levered to 30 to 1.
 
Yeah, I think Bear and Lehman's demise was due to their own wrongs, was immenent...
 
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