Comments on: Mitsubishi and Morgan Stanley Renegotiating Mitsubishi Equity Purchase http://www.nakedcapitalism.com/2008/10/mitsubishi-and-morgan-stanley.html Sun, 22 Nov 2009 07:56:24 -0500 http://wordpress.org/?v=2.8.4 hourly 1 By: fredw http://www.nakedcapitalism.com/2008/10/mitsubishi-and-morgan-stanley.html#comment-21185 fredw Mon, 13 Oct 2008 03:11:00 +0000 http://www.nakedcapitalism.com/2008/10/mitsubishi-and-morgan-stanley-renegotiating-mitsubishi-equity-purchase/#comment-21185 Well , how can the still invest 9 billion into a 10 billion company and only have a 21 percent ownership stake ? Does this mean they only plan to invest 2 billion now ? If yes , how could that be a positive for MS ? If they were to spend 9 billion for the preferred and only take a 21 percent stake , one would assume their own stock would plunge and for good reason.... Well , how can the still invest 9 billion into a 10 billion company and only have a 21 percent ownership stake ? Does this mean they only plan to invest 2 billion now ? If yes , how could that be a positive for MS ? If they were to spend 9 billion for the preferred and only take a 21 percent stake , one would assume their own stock would plunge and for good reason….

]]> By: Anonymous http://www.nakedcapitalism.com/2008/10/mitsubishi-and-morgan-stanley.html#comment-21182 Anonymous Mon, 13 Oct 2008 02:28:00 +0000 http://www.nakedcapitalism.com/2008/10/mitsubishi-and-morgan-stanley-renegotiating-mitsubishi-equity-purchase/#comment-21182 <i>Strange that US futures are up 3-4%in early Sunday evening trading...Sell this pop. Here be monsters.</i><br/><br/>Why strange? <br/><br/>U-R right. Shorts covering from sellers under margin calls is not any kind of rally. Strange that US futures are up 3-4%in early Sunday evening trading…Sell this pop. Here be monsters.

Why strange?

U-R right. Shorts covering from sellers under margin calls is not any kind of rally.

]]> By: Anonymous http://www.nakedcapitalism.com/2008/10/mitsubishi-and-morgan-stanley.html#comment-21178 Anonymous Mon, 13 Oct 2008 02:08:00 +0000 http://www.nakedcapitalism.com/2008/10/mitsubishi-and-morgan-stanley-renegotiating-mitsubishi-equity-purchase/#comment-21178 9:25pm..<br/><br/>I stopped reading as soon as you asked me about the media's reaction, as though that was something to pay attention to. 9:25pm..

I stopped reading as soon as you asked me about the media’s reaction, as though that was something to pay attention to.

]]> By: Anonymous http://www.nakedcapitalism.com/2008/10/mitsubishi-and-morgan-stanley.html#comment-21177 Anonymous Mon, 13 Oct 2008 02:07:00 +0000 http://www.nakedcapitalism.com/2008/10/mitsubishi-and-morgan-stanley-renegotiating-mitsubishi-equity-purchase/#comment-21177 Mitsubishi should pull out of the deal and let them go under, then pick up the pieces they need. They are getting fleeced by MS. Mitsubishi should pull out of the deal and let them go under, then pick up the pieces they need. They are getting fleeced by MS.

]]> By: Anonymous http://www.nakedcapitalism.com/2008/10/mitsubishi-and-morgan-stanley.html#comment-21170 Anonymous Mon, 13 Oct 2008 01:25:00 +0000 http://www.nakedcapitalism.com/2008/10/mitsubishi-and-morgan-stanley-renegotiating-mitsubishi-equity-purchase/#comment-21170 9:02 PM, it's you and not Doc that is out of touch. did you read the media reaction to Dick Fuld's performance before Congress?<br/><br/>A buddy of mine, quite savvy (bought his first stock at age of 11, has done well in the markets, successful real estate investor and attorney, former general counsel of a public company and also worked as in-house counsel of a major PE firm, now in private practice at a big firm you heard of doing intellectual property and deal work) would regularly sputter at least two years before the blow up about how the crooks on Wall Street were destroying the real economy. This is from someone who had a seat at the table from time to time (and is a superb negotiator, so this isn't personal sour grapes).<br/><br/>I think a lot of people share Doc's views, they are just less forward about them. 9:02 PM, it’s you and not Doc that is out of touch. did you read the media reaction to Dick Fuld’s performance before Congress?

A buddy of mine, quite savvy (bought his first stock at age of 11, has done well in the markets, successful real estate investor and attorney, former general counsel of a public company and also worked as in-house counsel of a major PE firm, now in private practice at a big firm you heard of doing intellectual property and deal work) would regularly sputter at least two years before the blow up about how the crooks on Wall Street were destroying the real economy. This is from someone who had a seat at the table from time to time (and is a superb negotiator, so this isn’t personal sour grapes).

I think a lot of people share Doc’s views, they are just less forward about them.

]]> By: tompain http://www.nakedcapitalism.com/2008/10/mitsubishi-and-morgan-stanley.html#comment-21168 tompain Mon, 13 Oct 2008 01:04:00 +0000 http://www.nakedcapitalism.com/2008/10/mitsubishi-and-morgan-stanley-renegotiating-mitsubishi-equity-purchase/#comment-21168 Finally, some sign of recognition from Treasury that equity investors will not pony up as long as the government continues to leave open the possibility that it will choose to wipe the equity out arbitrarily at some later date. Now, if only other potential suppliers of equity capital can get the same assurances that Mitsubishi is getting, private capital could begin to flow in to the financial sector, instead of waiting on the sidelines as it has done since the GSE debacle. One hopes that we will not continue to require deal-by-deal negotiations with the government, as has been required in the cases of WM and WB and now MS. Finally, some sign of recognition from Treasury that equity investors will not pony up as long as the government continues to leave open the possibility that it will choose to wipe the equity out arbitrarily at some later date. Now, if only other potential suppliers of equity capital can get the same assurances that Mitsubishi is getting, private capital could begin to flow in to the financial sector, instead of waiting on the sidelines as it has done since the GSE debacle. One hopes that we will not continue to require deal-by-deal negotiations with the government, as has been required in the cases of WM and WB and now MS.

]]> By: Anonymous http://www.nakedcapitalism.com/2008/10/mitsubishi-and-morgan-stanley.html#comment-21167 Anonymous Mon, 13 Oct 2008 01:02:00 +0000 http://www.nakedcapitalism.com/2008/10/mitsubishi-and-morgan-stanley-renegotiating-mitsubishi-equity-purchase/#comment-21167 Doc, you sure do hate investment banks. Any reason for that? It's making you look a little silly, frankly. Doc, you sure do hate investment banks. Any reason for that? It’s making you look a little silly, frankly.

]]> By: doc holiday http://www.nakedcapitalism.com/2008/10/mitsubishi-and-morgan-stanley.html#comment-21156 doc holiday Sun, 12 Oct 2008 23:58:00 +0000 http://www.nakedcapitalism.com/2008/10/mitsubishi-and-morgan-stanley-renegotiating-mitsubishi-equity-purchase/#comment-21156 Re: "a deal consisting entirely of preferred stock"<br/><br/>>> Good for them, I hope they cut a much better deal and show people the process of re-negotiation and leverage, in an arms length transaction. If the deal is filled with trash, keep going lower and get some blood from that crooked and twisted turnip -- then make it squeal! Re: "a deal consisting entirely of preferred stock"

>> Good for them, I hope they cut a much better deal and show people the process of re-negotiation and leverage, in an arms length transaction. If the deal is filled with trash, keep going lower and get some blood from that crooked and twisted turnip — then make it squeal!

]]> By: Anonymous http://www.nakedcapitalism.com/2008/10/mitsubishi-and-morgan-stanley.html#comment-21153 Anonymous Sun, 12 Oct 2008 23:49:00 +0000 http://www.nakedcapitalism.com/2008/10/mitsubishi-and-morgan-stanley-renegotiating-mitsubishi-equity-purchase/#comment-21153 Strange that US futures are up 3-4% in early Sunday evening trading.<br/><br/>Not bothered by the G7's 'damp squib'? Well, how about the Mitsubishi capital injection into MS falling through?<br/><br/>Sell this pop. Here be monsters. Strange that US futures are up 3-4% in early Sunday evening trading.

Not bothered by the G7’s ‘damp squib’? Well, how about the Mitsubishi capital injection into MS falling through?

Sell this pop. Here be monsters.

]]> By: Owner Earnings http://www.nakedcapitalism.com/2008/10/mitsubishi-and-morgan-stanley.html#comment-21151 Owner Earnings Sun, 12 Oct 2008 23:35:00 +0000 http://www.nakedcapitalism.com/2008/10/mitsubishi-and-morgan-stanley-renegotiating-mitsubishi-equity-purchase/#comment-21151 Lehmans book value turned out to be NEGATIVE 100 BILLION according to the current value of Lehmans bonds.<br/><br/>Morgan Stanley's can't be far behind. Lehmans book value turned out to be NEGATIVE 100 BILLION according to the current value of Lehmans bonds.

Morgan Stanley’s can’t be far behind.

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