DealBook: Banking Giants Get Nod From...

DealBook: Banking Giants Get Nod From China

There are 4 comments on the The New York Times story from Jan 7, 2011, titled DealBook: Banking Giants Get Nod From China. In it, The New York Times reports that:

JPMorgan Chase and Morgan Stanley said on Friday that they had each won approval from Chinese regulators to form joint ventures in the country, a move that will give them greater access to the fast-growing domestic capital market.

Join the discussion below, or Read more at The New York Times.


Guatemala City, Guatemala

#1 Jan 7, 2011
Chase and Stanley think they have just opened-up the greatest pot of gold on earth, what they don't understand is that China is more than their match, China will use these banksters untill they are no more...


“Everyone knows that!!!”

Since: Jul 10

Tell me...Does it hurt much?

#2 Jan 7, 2011
Oh good grief.

Calgary, Canada

#3 Jan 7, 2011
i know the world does not trust Americans and i hope China takes them out and the American Banks become bankrupt. china knows that the American banks can not be trusted.
china is giving the American banks an opportunity to make lots of money and Just like America there is no favors and the price will be paid for the greed of the American banks
I hope China leads the greedy American banks to the slaughter house

New York, NY

#4 Jan 8, 2011
In China, fraudsters like Bernie Madeoff would be taken out and shot. It wont bring the money back of course, but still, he'd be shot as routine.

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