Morgan Stanley beat expectations for the third quarter and its CFO said yesterday that everyone just needs to chill because things are getting out of hand but Goy Goldman is apparently feeling a little less unruffled about the sitch this morning. According to CNBC, senior officials are currently considering a merger. And it turns out they might not just be messing with us and pretending to act all freaked out to show us how "silly and irrational" we're all being.*
Don't you love sell-offs in India in the morning?
Morgan Stanley Ponders Staying Independent [CNBC]
*If that turns out to be the case-- well-played, Morgan Stanley.