Last two investment banks seek solace of Fed

On 09/22/2008, in Finance, by tcaddoo

The ancient Chinese verse “May we live in interesting times” sure sums up the last 10 days on Wall Street.  Again, over the weekend, actually, yesterday, the last two Wall Street investment banks applied to the US Federal Reserve to become Bank Holding Companies.  Goldman Sachs and Morgan Stanley both approached the fed on Sunday and [...]

0 Comments
Leave A Response

Tagged with: • •