A thorough forensic analysis of the Goldman Sachs, Bear Stearns, Citigroup, Morgan Stanley, and Lehman Brothers has uncovered...
Last week, Morgan Stanley called Citibank the "short play of the year for 2008". That is rather rare - an investment bank not only issuing a plainly worded sell recommendation, but an actual short recommendation? And on a fellow bank??? I read it and said, "Hmmm!" Morgan Stanley has some damn nerve calling another bank a short. They are the RISKIEST bank on the street. Let's take a quick visual overview, and then let's go over how I came to that conclusion.
In just about every major category of risk bloggable, Morgan Stanley leads the pack! Those who live in glass houses shouldn't throw stones...
