Relevant:
- Whos-afraid-of-the-big bad banks? Everyone.
- Closer to a Financial Meltdown
- Merrill lowers Bear Stearns, Lehman and Citi
- Wall Street Pimps and Whores Story Extends Far Beyond Goldman Sachs: Merrill Lynch, Citigroup, Bank of America, Morgan Stanley, All Guilty
- Morgan Stanley, Goldman shares sink as fear spreads
2007-07-18 — marketwatch.com
"... the rate of debt in the financial system is growing faster than the economy. That creates a problem of the economy not being able to produce the money sufficient to pay off the collective debt." The broker-banks Bove recommends selling? Goldman, Bear Stearns, Morgan Stanley, Lehman Bros, and Merrill Lynch.
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