Goldman Sach và Morgan Stanley thay đổi mô hình hoạt động, ngon rồi

Goldman Sach và Morgan Stanley thay đổi mô hình hoạt động, ngon rồi

http://www.cnbc.com/id/26827154

The Federal Reserve says it has granted a request by the country''s last two major investment banks?"Goldman Sachs and Morgan Stanley?"to change their status to bank holding companies.

The Fed announced late Sunday that it had approved the request of Goldman [GS 129.80 21.80 (+20.19%) ] and Morgan [MS 27.21 4.66 (+20.67%) ].

The change in status will allow them to create commercial banks that will be able to take deposits, bolstering the resources of both institutions.

It also will put them directly under the regulatory supervision of the U.S. central bank.

To provide increased liquidity to the companies, the Fed agreed to lend to the firms'' broker-dealer subsidiaries on the the same terms as the Fed discount window for banks and the central bank''s Primary Dealer Credit Facility lending window for investment banks.

It said it was making the same collateral deals available to the broker-dealer subsidiary of Merrill Lynch [MER 29.50 7.44 (+33.73%) ].

The change continued the biggest restructuring on Wall Street since the Great Depression.

Because of the change, Morgan Stanley is unlikely to do some kind of deal with Wachovia [WB 18.75 4.25 (+29.31%) ] or even get a cash infusion from the Chinese government.

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Chú ý dòng cuối, sau khi thay đổi mô hình thì Morgan cũng không cần phải sáp nhập với Wachovia hay bán bớt cho công ty đầu tư của CP Trung Quốc nữa. Thế là hai chú này tạm thời thoát hiểm roài.