Thursday 18 September 2008

my morning writing

Thursday, 18 September 2008

18:50:10

  After putting my morning writing on blog, was determined to finish all the plans for today. Wrote down simple, but achievable for English jew text, and went to City.

  Was waiting more than one hour, because catch their preys. With many people around me. Looking at me, anxiously waiting for I do something. Well, like I said before eating from my hand. Lot of animosity I felt too. Essentially from all of them, i.e. british jews, who know me well, and know me since the Wellington. In what I am absolutely positive.

  To insist in this manias, at the exit from Artillery Line (before was lot of yelling in many languages on my head. For example: from angler , i.e. Andrew Lancaster impersonating by “Green-on-the-wire”, than two “e’-i” which mean cockney pronouncement of the word “eighteen”, than from “der Amazonas” i.e. horse police, than was a Bragança seems that she was carrying the sandwiches for the Nord, etc.). Waiting a little bit, go to put the text with address of my blog covering this all with a “calibre do G-3”.

  But, like I was saying, at the exit two bastards from white Ford van start to bullying in a piggy way, with me. I was completely without will to look for fuck, but resolve comeback and take the photo of number plate. To be in absolute agreement with nation of the shit from camel turned around and cocaine Royal Family of Lancasters.

  Mean, after fifteen years living in UK, after three or four crashes on the Financial Markets, still be friendly and endure this nation of the shit from camel turned around with cocaine Royal Family of Lancasters. And carry on “buy the bicycle”. I.e. theirs Manifesto for me since my berth to my tomb. Which they steal from me a many years ago.

  Any way, one чмо, with a face of  Colin McRae (completely burned World Rally champion), heavy drunk, full of camel water, trying to explain me “e’-i”.

  Well, sad stuff.

  Only notable was the behaviour of mikes from “Arrested Development”- nearby building site, who stopping the work, without one word, make full assessment to my “what you do to find the job” with this two regulars ass-holes.

  That’s it.

  Contrary to my plans, I went back to the his f***** tit ‘punch my card’.  What they expect? If even in this “geo- political manoeuvre” I find the bastard–pirate Barroso, (well, after fifteen years - City know how to put british jew family face) to run like a hell from one more natural goal. Was at the front of future Stock Exchange, a little further of NO1 at the another side of the street.

  More later, now in Bethnal Green (You must understood Charles the II, and his insistence in I, like a plebe, like a чмо, must clean shit from ALL THE WORLD before dying in this cu nuare hole, which he call YOUR place), I see Zara Phillips run like a crazy to be not late for Morgan Stanley – Wachovia wedding. Example: “Willy-mai dela” in Vienne) and in this way TWO times. At the “bank RBS”, another at the “new shoes” .

20:02:30

VAG

 

 

 

 

 

Morgan Stanley in talks with Wachovia

Published: September 17 2008 21:01 | Last updated: September 18 2008 16:50

Morgan Stanley is in preliminary merger talks with Wachovia, the troubled regional lender, and exploring other potential deals in an effort to avoid becoming the next victim of the credit crunch.

The bank is also in close contact with a leading shareholder, China Investment Corporation, which owns a 9.9 per cent stake.

CIC was previously part of the Bank of America-led consortium that was considering a takeover bid for Lehman Brothers, alongside JC Flowers & Co. Christopher Flowers manages about $3.2bn of CIC’s money in a fund dedicated to taking stakes in financial institutions.

Gao Xiqing, president of CIC, is currently in the US accompanied by Wei Sun Christianson, the head of Morgan Stanley in China. Wang Qishan, China’s vice-premier who is in charge of the financial sector, is also in the US for bilateral trade talks.

It is believed to be highly unlikely that CIC would take over the US bank on its own.

Wachovia’s approach to Morgan Stanley came after the shares of Morgan Stanley and Goldman Sachs plunged and the cost of insuring their debt rose sharply – a sign of waning investor confidence in Wall Street’s last two large investment banks.

Washington Mutual, the Seattle-based lender, is also looking to sell itself and has hired Goldman to run an auction, according to people close to the situation.

Goldman has approached a number of banks including Citigroup, JPMorgan Chase and Wells Fargo but it is unclear whether rivals would bid for a company that has billions of bad assets.

The banks declined to comment, but JPMorgan is believed to be unwilling to bid for WaMu at this price, while San Francisco-based Wells generally focuses on small acquisitions. Citi is also believed to be wary of expanding its US retail operations during an economic slowdown.

The collapse of Lehman Brothers, which filed for bankruptcy protection on Monday, has shifted investor attention to Morgan Stanley and Goldman amid concerns about the viability of stand-alone investment banks.

Morgan Stanley declined to comment, but people familiar with the situation said it had received a phone call from Charlotte-based Wachovia on Wednesday and its executives were considering the approach. They added that they were exploring other options including deals with other banks.

John Mack, Morgan Stanley’s chief executive, was said to be livid at the plunge in the share price. He contacted Hank Paulson, Teasury secretary, and Christopher Cox, Securities and Exchange Commission chairman, accusing short sellers of targeting Morgan Stanley and urging them to take action.

The SEC on Wednesday night said it would subpoena hedge fund managers who had traded in 19 financial institutions and require managers with holdings of $100m or more in certain securities to report their short positions every day.

In a memo, Mr Mack said: “There is no rational basis for the movement in our stock or credit default spreads...We’re in the midst of a market controlled by fear and rumours and short sellers are driving out stock down.”

Morgan Stanley shares fell 24 per cent to $21.75. Goldman fell 14 per cent to $114.50.

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