Morgan Stanley Intentionally Set Up To Fail
Knowing the financial system will never recover following the derivatives blowup at Bear Stearns of 2008, the next bank-broker-dealer intentionally slated by the Fed to collapse as the next bad bank is Morgan Stanley, according Hat Trick Letter publisher Jim Willie.
The evidence of the coming “killjob” on Morgan Stanley appears to jibe well with Willie’s thesis, but only an analyst who naturally doubles as detective with a flare for nailing down the criminal profile of the syndicate leaders earlier than most can also see what others may wrongly regard as paranoia.
“Morgan Stanley put on $8 TRILLION in interest rate swaps in the first half of 2010,” Willie explained to readers of bullion dealer SilverDoctors. “I call them the designated hitter for Wall St. Why wasn’t it JP Morgan, BOA, or Goldman Sachs? My theory is simple: THEY EXPECTED LATER TO KILL MORGAN STANLEY!”
Could the resignation of Morgan Stanley CEO John Mack in September of 2009 following the height of the March 2009 meltdown serve as a clue to the banking cartel’s plot? Maybe Mack abruptly left the firm after receiving word from the NY Fed of his coming role as a placeholder for the Eccles boys who had plans to go completely rogue to the dark side.
That’s speculation, of course, and so is Willie’s latest supposition—but considering the mounds of obvious criminal activity riddled throughout the global financial system, revealed to the world following the fall of Lehman Brothers, and the sudden drop of the monicker ‘Crazy’ Jim Willie by the goldbugs when referring to him and his ‘crazy’ theories, reporting the next likely fraud by the bank cartel has turned into a lucrative cottage industry, led by Jim Willie, Max Keiser and the folks at GATA.
It turns out that there’s nothing more popular than true crime stories, and Willie’s analysis of the motive behind the scheme certainly dovetails nicely into what all good money managers and correctly-trained economists now know: the bond market wags all dogs, but lately something isn’t right.
Since the monster-size monied participants of the yield curve game attract the smartest and most staid of the lot of this otherwise filthy financial industry, the bond market, in the past, got it right far more many times than the ‘vigilantes’ got it wrong. But has happened to the bond vigilantes? Willie explains.
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