Morgan Stanley Strategist: Head for the Hills!

FLASHBACK – February 2008 –  Bloomberg reported earlier this week that the former chief global stategist for Morgan Stanley is telling people to prepare for the worst. One more time folks, this is no conspiracy theorist. Barton Biggs, MORGAN STANLEY’S FORMER CHIEF GLOBAL STRATEGIST is telling you there is going to be an economic collapse. Continue reading

MSM: Roubini Says Stocks Will Drop as Banks Go ‘Belly Up’ (Update2)

(Bloomberg) – U.S. stocks will fall and the government will nationalize more banks as the economy contracts through the end of 2009, said Nouriel Roubini, the New York University professor who predicted last year’s economic crisis. Continue reading