Money Markets?
Oy.
Meanwhile, Morgan Stanley continues to attempt to save its own ass by negotiating toward a deal with China Investment Corp in preference to being absorbed by Wachovia.
As our Federal government starts owning large investment corporations and thusly making Karl Marx giggle in his grave, its seems only fitting that one of our two remaining large investment banks is dealing with a company that was just infused with $200 billion in cash by the Chinese government last year.
BushCo. Communism We Can Believe In.
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