All GLG News Analyses Filed Under: Investment Banking & Commercial Finance

Simply, writedowns do not overstate the extent of problems at financial firms.  Yes, ultimately the coming "correction" will be overdone (given human nature, most are), but we just getting started (that is, expect a long, sharp recession) -- so things are going to get much ...

The Indian budget  has  a  number of  far  reaching  changes in  the  tax  code. One of  these deals with taxation of  short term capital gains. This is bound  to  effect  the  returns  which  all  investors ...

The world is floating with unknowns and possibilities. What if Obama was shot and McCain died of a heart attack? The real question is what happens when the world's importer (USA) slows or tries to be net neutral? The US also has to cope with supporting supply in a state when the "UNION" philosophy is...

The  referred item speaks of  a  major deficiency  in  the  accounts  of  Merrill Lynch which  effects  its  cash  flow  statements  but  not  its  income  statement  or  its  balance  sheet....

The "Investors" (Thomas Lee Partners & Goldman Sachs) will provide MoneyGram, the 2nd largest non-bank money transfer owner/operator with the capital to strengthen its balance sheet in exchange for a 63% equity stake. MoneyGram was approached by Euronet Worldwide in December 2007 with an unsolicited...

Impications: 1.A Dramatic use of the Investment Banks Funds, Employee Contributions and leveraging Investor Commitments. 2.A Recapitalization maybe required of all Investment banks. 3.Porfolio Securities have resulted/realized hugh losses. 4.There will be an aggregateof both realized and unrealized...

Morgan's stock will continue to decline.

The conflict of interest does not reside in the analysts but on the business model itself. Only a service directly paid by investors could be considered neutral.  Market is the best regulator we know

The article is important because it relates to questions of high interest regarding how to respond to the need for more transparency and better governance in financial companies.

"Morgan Stanley expects several more quarters before credit markets return to more normal activity, and structured credit markets could be challenged for an extended period, the company's chief financial officer said."  Challenged.  The FBI is investigating, lawsuits are brewing (such as the...