Morgan Stanley’s $9 Billion Check
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Morgan Stanley’s $9 Billion Check
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Re: Morgan Stanley’s $9 Billion Check
#2Re: Morgan Stanley’s $9 Billion Check
#3> "The payment was supposed to be wired electronically, but because it needed to be made on an emergency basis on a holiday, Mitsubishi cut a physical check"
So, on a holiday, the electronic systems were "closed", but the paper check could be deposited normally? Irony abounds.
Re: Morgan Stanley’s $9 Billion Check
#4Interesting. Why was a Japanese bank willing to risk that much on a bank that made bad choices?
Re: Morgan Stanley’s $9 Billion Check
#5> "The payment was supposed to be wired electronically, but because it needed to be made on an emergency basis on a holiday, Mitsubishi cut a physical check" So, on a holiday, the electronic systems were "closed", but the paper check could be deposited normally? Irony abounds.
Here is to hoping it might have been as simple as the person who would authorize electronic transfers was on holiday.
Re: Morgan Stanley’s $9 Billion Check
#6Interesting. Why was a Japanese bank willing to risk that much on a bank that made bad choices?
Japs are pretty heavily controlled by the American elite. There is actually a fairly big underground movement in Japan to throw them off and stop stuff like this from happening. Japanese banks and politicians though have been paying tribute to America for a long time.
Re: Morgan Stanley’s $9 Billion Check
#7Interesting. Why was a Japanese bank willing to risk that much on a bank that made bad choices?
They got 21% of the company.
Re: Morgan Stanley’s $9 Billion Check
#8Interesting. Why was a Japanese bank willing to risk that much on a bank that made bad choices?
Japs are pretty heavily controlled by the American elite. There is actually a fairly big underground movement in Japan to throw them off and stop stuff like this from happening. Japanese banks and politicians though have been paying tribute to America for a long time.
references needed
Re: Morgan Stanley’s $9 Billion Check
#9> "The payment was supposed to be wired electronically, but because it needed to be made on an emergency basis on a holiday, Mitsubishi cut a physical check" So, on a holiday, the electronic systems were "closed", but the paper check could be deposited normally? Irony abounds.
But...
Paper checks don't actually move money around, computers changing numbers in electronic ledgers do. A paper check is just a device to trigger that process.
I'm not sure this story makes any sense to me.
Re: Morgan Stanley’s $9 Billion Check
#10Interesting. Why was a Japanese bank willing to risk that much on a bank that made bad choices?
Japs are pretty heavily controlled by the American elite. There is actually a fairly big underground movement in Japan to throw them off and stop stuff like this from happening. Japanese banks and politicians though have been paying tribute to America for a long time.
Go for it - you'll be doing America a favor as well.
However, you may need a China plan. Or not.