Meaning we can cross John Stumpf off this list?
Update: Morgan Stanley to offer $2 billion in common stock and sell $3 billion of debt not backed by the FDIC.
Comments (25)
Leave a comment
You can log in with your account or comment as a guest below.
They don’t lose money, they print it!!
And their plan to fill the rest of the hole is?
Whoever is stupid enough to buy WFC stock in a new offering deserves to get fucked over. Just sayin’.
Isn’t Oprah involved in some WFC coupon thing or something?
So that was all the pumping was all about. Buffet, you whore!
I look to Oprah to solve the economic problem.
Anyone besides me fantasize that Bess looks like Rielle Hunter?
I went to do some banking at a KFC branch today and they just wanted to sell me chicken and sides. WTF?
@7 John Edwards
-@7
Nah, I bet Bess looks like Claire Danes
-No Shame Sucking Up Guy
Why are they selling stock and debt if they don’t really need the money?
TGFD thinks:
1) Equity markets were manipulated upward by the gov’t, the media, the FASB, and by the bogus bank 1Q profits so
2) The fraudulent stress tests could show some healthy green shoots, and
3) The banks could raise the desperately-needed money at significantly lower rates and at significantly higher share prices.
Does anyone have a better explanation?
The Guy from Delaware (Once and Future Dead)
TGFD
No foolin’ you.
@10- no, much better looking
-guy who’s met her
@9/10
No way man. Not sucking up. Bess either looks like Rielle or Alexis Glick.
I could make all three of them see god.
@13
Only met her? Sheesh – if I had a shot to meet her, I could print that ticket
Where did this term “green shoots” come from? I hate it.
16 Agree. On the bright side though, “if you will” seems to have gone away.
11 I agree re the govt manipulating the equity markets. BTW: I’m sure they caused 9/11 as well.
We invented “green shoots”.
~Inventors of the term “Ass Clown”
@16 – the guys from squawk box are claiming it, the didn’t like mustard seeds…
@11-They’re selling stock and equity because of the assinine stress tests.
Which of course they are.
@11-They’re selling stock and equity because of the assinine stress tests.
Which of course they are.
@11-They’re selling stock and equity because of the assinine stress tests.
Which of course they are.
@11-They’re selling stock and equity because of the assinine stress tests.
Which of course they are.
@11-They’re selling stock and equity because of the assinine stress tests.
Which of course they are.