morgan stanley - shareholding, page-29

Good article pick up QT,
Im also doing more research nowadays on our Wall st friends,and the profit decline by MS certainly has some bearings on how they are conducting business.
You have no doubt picked up on whats happening more recently with JPM and their endeavour to corner the Silver market..which they have been doing for the last couple of years.
Two points are now different.
(1)The Hedge Funds have turned against JPM and driving up the price of Silver fully aware JPM are shorting,too many articles to name but the bottom line is that the crocodiles are now at each others throat this exercise could cost JPM Billions.
The Internet has also ganged up and numerous web sites encouraging their readers to buy physical Silver to put JPM out of business.
(JPM hold more paper silver then physical)
All of this is at the pointy end presently.
(2)To add to their woes,the CFTC,(Commodity Futures Trading Commission) has JPM/MS/HSBC plus others in court over manipulating/deceit and all those other good words,baddies do.
Again they could be sued for Billions.
Also now at the pointy end.
It makes me wonder if previously we may have tagged them as manipulators (rightfully) they may now be selling off as a matter of necessity.





A Secretive Banking Elite Rules Trading in Derivatives
by admin on December 12, 2010

By Louise Story
New York Times
December 11, 2010

On the third Wednesday of every month, the nine members of an elite Wall Street society gather in Midtown Manhattan.

The men share a common goal: to protect the interests of big banks in the vast market for derivatives, one of the most profitable ? and controversial ? fields in finance. They also share a common secret: The details of their meetings, even their identities, have been strictly confidential.

Drawn from giants like JPMorgan Chase, Goldman Sachs and Morgan Stanley, the bankers form a powerful committee that helps oversee trading in derivatives, instruments which, like insurance, are used to hedge risk.

All under investigation.
Interesting times ahead.