Morgan Stanley and JPMorgan move into China.

Discussion in 'Markets & Economies' started by spets1, Jan 10, 2011.

  1. spets1

    spets1 New Member

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    Wasn't sure where to post this but yeah:


    "Banking giants Morgan Stanley and JPMorgan Chase have won approval to set up joint ventures in mainland China. The decision by Chinese securities regulators will enable the two Wall Street banks to underwrite stocks and bonds in one of the fastest-growing securities markets in the world. The decision comes just ahead of Chinese President Hu Jintao's visit to the United States on Jan. 18." - http://www.democracynow.org/2011/1/7/headlines#6

    Im not sure what this means but JP morgan is expanding??? Isn't it supposed to be getting crushed? hmmmmmmm...
     
  2. Dan

    Dan Member

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  3. JulieW

    JulieW Well-Known Member Silver Stacker

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    parasites usually move on when the host is too sick to support them or dies.
     
  4. Apollo

    Apollo New Member

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    well said! :D
     
  5. Mark

    Mark New Member

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    So looks like china will have the next reserve currency.... hope i don't have to learn to speak chinese now
     
  6. silverfunk

    silverfunk Active Member

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    it would probably do you some good :lol:
     
  7. chimpanchu

    chimpanchu New Member

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    So now China is in bed with these vultures! This is sickening, countries after countries whoring themselves to these filthy banksters!
     
  8. silverfunk

    silverfunk Active Member

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    How freaky looking is Blythe masters?


    [​IMG]
    Source:http://seeker401.files.wordpress.com/2009/12/blythe-masters.jpg

    would hit it...with a frying pan.
     
  9. JulieW

    JulieW Well-Known Member Silver Stacker

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  10. Dynoman

    Dynoman Active Member

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