Monday, September 15, 2008

Video Roubini: Goldman Sachs and Morgan Stanley Next

Roubini Says U.S. Financial Industry Facing `Disaster'

Goldman Sachs and Morgan Stanley won't be able to remain independent because broker dealers business models are flawed, need to merge with larger financial institutions or go bust from toxic "assets".

Posted by mountain goat @ 09:19 AM (523 views)
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