Monday, January 12, 2009

Morgan and Smith with Stanley and Barney

The more I think about it I find it disgusting that a company like Morgan Stanley is using $25 Billion in TARP money and $6.6 Billion in FDIC backed debt to finance its pending acquisition of Smith Barney. Why shoud taxpayer money be used to finance acquisitions? Morgan Stanley should be required to pay back TARP funds and buy back FDIC backed debt before it can make this acqusition. Taxpayer money should not be used to make a company that is too big to fail even bigger!

This acqusition should only be financed at arm's length debt or equity financing.

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Native American Advisors CHIPPEWA PARTNERS

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CHIPPEWA PARTNERS, Native American Advisors, Inc. is a Registered Investment Advisor, founded by Dean Thomas Parisian in 1995. The firm is a manager to an exclusive clientele and is closed to new clients. As a Registered Investment Advisor, our expertise developed over 35 years balances experience, integrity and tremendous work ethic. Dean Parisian is a member at the White Earth Reservation of the Minnesota Chippewa Tribe, a former NYSE and FINRA arbitrator and trader who began his career with Kidder Peabody and later worked for Drexel Burnham Lambert in LaJolla, CA. His philanthropic interest is in Native American education and he's endowed a significant scholarship for Native Americans at the University of Minnesota. His greatest accomplishment includes raising two sons and 26 years of marriage. The Parisian family enjoys outdoor pursuits at Pamelot, their farm in Tennessee and at the Ghost Ranch, their ranch on the Yellowstone River in Montana. For media requests contact the firm via email: ChippewaPartners (at) gmail dot com, on Twitter: @DeanParisian. Global 404-202-8173