Comments on: Morgan Stanley’s Commercial Jingle Mail

By: How America’s Bankers are Rotting Our Children’s Brains « The Committed Parent

Sun, 10 Jan 2010 12:08:02 +0000

[...] You’ve Got “Jingle Mail” [...]

By: How America’s Bankers are Rotting Our Brains « Neurosynthesis

How America’s Bankers are Rotting Our Brains « Neurosynthesis — Sat, 09 Jan 2010 00:59:36 +0000

[...] You’ve Got “Jingle Mail” [...]

By: How America’s Bankers are Rotting Our Children’s Brains « Brady on the Brain

Sun, 03 Jan 2010 13:31:54 +0000

[...] You’ve Got “Jingle Mail” [...]

By: Unsympathetic

Unsympathetic — Mon, 21 Dec 2009 13:53:35 +0000

I can’t wait to read Megan McArdle’s fail of an article sometime next week defending these tools.

You know you want to write that article, Megan! Don’t let me down!

By: U.S. Housing - Page 8 - TeakDoor.com - The Thailand Forum

U.S. Housing - Page 8 - TeakDoor.com - The Thailand Forum — Mon, 21 Dec 2009 09:44:40 +0000

[...] sitting around. Here is an interesting, almost funny example of another aspect of the meltdown: Morgan Stanley’s Commercial Jingle Mail | The Big Picture A fascinating twist on the underwater homeowner walking away fromt heir bad purchases: This time, [...]

By: sailsluft

sailsluft — Sat, 19 Dec 2009 15:05:35 +0000

“This isn’t a default or foreclosure situation,” Barnes said. “We are going to give them the properties to get out of the loan obligation.”

NOT a default or a foreclosure — HAH — It is called a deed in lieu of foreclosure. Do you all bankers think everybody else is stupid or is it just the culture at Morgan Stanley?

Wachovia now offers “retirement consulting services.” Why do you think widows and orphans invested in Wachovia’s dividend — speculation or retirement?

If it quacks like a duck, walks like a duck and looks like a duck the fact that someone calls it a platypus does not make it so. It is a duck. This “quack” will probably ask to be evaluated for a 6 figure year end bonus because money heretofore committed to loan payments can be redistributed as surplus cash.

After all what is a couple $100 million in losses among friends?

The bankers have contribed new “metrics” and “optics” to add to the glossary of the “new economy.” We save money by not paying debts. One’s net worth is equal to how much money one can borrow not how much one has saved, invested wisely, accumulated in equity and successfully avoided the bankers.

The quick ratio is computed instantaneously by credit score accessed over the internet. A derivative is being designed as I write to make a market in accessions to credit score weighted based upon click on; click through onsite content; and click through to off-site content.

The seed corn has been sold.

Hunger unavoidably follows crop failure.

In its place a surreal mentality has spawned. We can harvest and eat the air.

By: != » “Commercial jingle mail”

!= » “Commercial jingle mail” — Sat, 19 Dec 2009 03:30:42 +0000

[...] Sighting: “This isn’t a default or foreclosure situation,” [Morgan Stanley spokesmodel Melody] Barnes said. “We are going to give them the properties to get out of the loan obligation.” [...]

By: Mike in Nola

Mike in Nola — Fri, 18 Dec 2009 22:16:44 +0000

ash: As a reader of this blog, you likely knew what you were doing when you purchased.

While it is nice to own, except when somehting breaks, my experience is that Americans have been indoctrinated with home ownership as a good financial move and don’t even consider that it might not be. Many are finding out the drawbacks the hard way. It’s time that they take both sides into account. If ownership is worth it for them, then fine, but they need to know what they’re getting into.

I myself may well buy another house after things have hit bottom in a couple of years.

By: Market Talk » Blog Archive » Links 12/18/2009

Market Talk » Blog Archive » Links 12/18/2009 — Fri, 18 Dec 2009 21:24:03 +0000

[...] Links 12/18/2009 Posted by Steven Russolillo on December 18, 2009 Banks, Dollar, Economic Indicators, Economy, Markets, Twitter, Unemployment – Morgan Stanley’s (MS) plan to relinquish five San Francisco office buildings to its lender represents “a fascinating twist on the underwater homeowner walking away from their bad purchases,” FusionIQ CEO Barry Ritholtz says. [...]

By: ashpelham2

ashpelham2 — Fri, 18 Dec 2009 19:40:24 +0000

As a homeowner, in the burbs, with a nice little postage stamp yard, a privacy fence when my backyard faces nothing but the wilds of Southern Appalachia, and a 2 car garage, I value the feeling of ownership. I dare say that many people who own equities value that feeling of owership, alas, many just value the appreciation they might get. I rented for a long time, and never had a bad experience. But the idea of owning the roof over my head is important to me, even if technically, I don’t OWN it, until this mortgage is paid in full.

It’s just about the feeling of ownership. I don’t think the overwhelming majority of Americans thought of buying their home as a business decision.