09-17-2008, 09:54 PM
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#342
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Coordinator
Join Date: Feb 2003
Location: Seattle, WA
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Wow. Just wow.
Calculated Risk: Report: Morgan Stanley CEO: 'Need a Partner or Not Going to Make it'
Money quote:
Quote:
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“We need a merger partner or we’re not going to make it,” Mr. Mack told Mr. Pandit, according to two people briefed on the talks. Mr. Pandit, a former senior investment banker at Morgan Stanley, said Citigroup was not interested.
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There goes Morgan Stanley. This is getting really freaky.
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