• Knave Dave
    05/23/2016 - 18:16
    This past Thursday marked the one-year anniversary of the US stock market’s death when stocks saw their last high. Market bulls have spent a year looking like the walking dead. They’ve...

Morgan Stanley's ClientServ Is "Transitorily" Unavailable; Withdrawal Requests May Or May Not Have Surged

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Mon, 08/08/2011 - 15:31 | 1538651 Lmo Mutton
Lmo Mutton's picture

Bank run bitchez!!

Mon, 08/08/2011 - 15:47 | 1538750 Cleanclog
Cleanclog's picture

Can you imagine how many imbalances there are going to be? Margin calls? People will be working all night.

Mon, 08/08/2011 - 15:47 | 1538754 Sudden Debt
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Mon, 08/08/2011 - 16:45 | 1539261 Ethics Gradient
Ethics Gradient's picture

Nearly. This one's a little closer:

All your money are belong to us - Zero Wing

Mon, 08/08/2011 - 15:34 | 1538671 silvertrain
silvertrain's picture

This happens just before short selling becomes illegal..

Mon, 08/08/2011 - 15:48 | 1538762 Sudden Debt
Sudden Debt's picture

New Presidents Get elected...

Mon, 08/08/2011 - 17:24 | 1539481 chubbar
chubbar's picture

Except for naked shorting the gold/silver miners, that's always welcome!

Mon, 08/08/2011 - 15:34 | 1538673 Mister Ponzi
Mister Ponzi's picture

"We are committed to providing first-class service and apologize for any inconvenience this may cause." LOL

Mon, 08/08/2011 - 15:35 | 1538676 treemagnet
treemagnet's picture

After we dump our personal holdings we'll be happy to sell yours into a bidless dump, thank you for holding - we care about you, sort of.

Mon, 08/08/2011 - 15:43 | 1538722 Pool Shark
Pool Shark's picture

"remember, we'll always be there for you - provided it's in our own best interest."

Mon, 08/08/2011 - 16:21 | 1539053 Solid
Solid's picture

"After we dump our personal holdings we'll be happy to sell yours into a bidless dump, thank you for holding - we care about you, sort of."

That's the best

Mon, 08/08/2011 - 15:37 | 1538685 hungarianboy
hungarianboy's picture

Probably some technical issue.

Mon, 08/08/2011 - 15:38 | 1538689 Cognitive Dissonance
Cognitive Dissonance's picture

I want my MTV. Or money if you can.

Mon, 08/08/2011 - 15:49 | 1538768 Cleanclog
Cleanclog's picture

OT  - looks like GS just bot a bunch of itself.  Suddenly different curve than other financials.

Mon, 08/08/2011 - 15:39 | 1538691 fuu
fuu's picture

The storm gathers strength.

Mon, 08/08/2011 - 15:39 | 1538692 JuicedGamma
JuicedGamma's picture

It's really just Dean Witter no matter what they call it.

Mon, 08/08/2011 - 15:45 | 1538745 treemagnet
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LOL, remember those "My broker is EF Hutton, and EF Hutton says...."

Mon, 08/08/2011 - 16:06 | 1538915 IQ 145
IQ 145's picture

"Merril Lynch is bullish on America"; that was my personal favorite. too bad they went bankrupt.

Mon, 08/08/2011 - 20:55 | 1540209 Sokhmate
Sokhmate's picture

Etrade out the wazoo.. all the way.

Mon, 08/08/2011 - 16:33 | 1539177 andybev01
andybev01's picture

"We make money the old fashioned way,..."

Mon, 08/08/2011 - 16:52 | 1539309 greenbear
greenbear's picture


Mon, 08/08/2011 - 18:13 | 1539669 Manthong
Manthong's picture

Everyone remain calm..  there are plenty of FRN's coming for everyone..

Just wait a moment while we ring up our buddies at the FRN factory.

Mon, 08/08/2011 - 15:39 | 1538694 machineh
machineh's picture

Guess those clients missed the memo:

'Sell in May and go away!'

Mon, 08/08/2011 - 15:39 | 1538697 Cone of Uncertainty
Cone of Uncertainty's picture

No over-inflated fiat currency for you punk ass biatch Morgan Stanley customer.

Mon, 08/08/2011 - 16:08 | 1538930 IQ 145
IQ 145's picture

No over-inflated stock for the punk ass bitch managers; the kids will be going to "that other prep school"; and the trophy wife is leaving.

Mon, 08/08/2011 - 18:15 | 1539675 Bobbyrib
Bobbyrib's picture

The trophy wife will leave his ass for a techie.

Mon, 08/08/2011 - 15:41 | 1538707 Cone of Uncertainty
Cone of Uncertainty's picture

They have now changed it:


You may experience a delay when you log into MorganStanley ClientServ. We are aware of the issue and are working to resolve it as quickly as possible. Client Service Representatives are available 24 hours a day, 7 days a week, and can be reached at 1 (888) 454-3965 or 1 (801) 617-9150 (collect calls accepted from overseas).

We are committed to providing first-class service and apologize for any inconvenience this may cause.

Mon, 08/08/2011 - 15:42 | 1538714 Iriestx
Iriestx's picture

Circuit breakers off, sell this fucker!

Mon, 08/08/2011 - 15:43 | 1538721 hungarianboy
hungarianboy's picture

And it's working again. No panic, move along. tomorrow TARP2 or QE3

Mon, 08/08/2011 - 15:43 | 1538723 Count Laszlo
Count Laszlo's picture

Too bad. Getting rid of the grease and moving my mattress to Asia.

Mon, 08/08/2011 - 15:43 | 1538728 PulauHantu29
PulauHantu29's picture

Oh yeah....massive withdrawals as seniors, investors, youngsters, ...anyone with a few bucks invested races out of this market into Hard Assets and Cash. This crash will destroy another handful of our valued seniors I'm afraid....sad stuff.

Mon, 08/08/2011 - 15:44 | 1538729 Agent 440
Agent 440's picture

Submarine service looks really good on resumes now.

Mon, 08/08/2011 - 15:44 | 1538731 nodhannum
nodhannum's picture

Oooops!  I just stumbled across the plug.  So now the peasants pile up against the door of the burning theater just after we got out and bolted the door shut. Thanks JP Morgue.

Mon, 08/08/2011 - 15:44 | 1538733 Caviar Emptor
Caviar Emptor's picture

Stanley Morgan and Laurel Hardy have left for Cuba in a private jet filled with gold. 

Adios, amigos. Your're on your own. 

Mon, 08/08/2011 - 15:44 | 1538735 Spitzer
Spitzer's picture

Warren Buffet is buying today, I guess he needs to average down haha

Warren Buffett’s Berkshire Hathaway Inc. (BRK/A), whose top three shareholdings declined by about $1.6 billion last week, disclosed its biggest quarterly purchase of equities in almost three years.
Berkshire bought $3.62 billion of stock in the three months ended June 30, the most since it spent $3.94 billion in the third quarter of 2008, the Omaha, Nebraska-based company said late Aug. 5 in a filing.

3 months ended June 30

Mon, 08/08/2011 - 16:13 | 1538964 IQ 145
IQ 145's picture

Ha Ha. that's pretty interesting. Berkshire Hathaway; another fascinating story for the history books.

Mon, 08/08/2011 - 15:44 | 1538736 Cone of Uncertainty
Cone of Uncertainty's picture

Flash crash coming in the last 10 minutes of trading today you fuckers.

Mon, 08/08/2011 - 15:45 | 1538738 tekhneek
tekhneek's picture

In all seriousness I have a friend who has a lot of cash in Bank of America and he doesn't agree with me that he should withdraw it.

Does anyone think there's a real reason to be concerned w/ BoA in terms of withdrawl limits/defaults/deposit loss?


Mon, 08/08/2011 - 15:48 | 1538759 Caviar Emptor
Caviar Emptor's picture

Careful out there. When the going gets rough things get nasty

Mon, 08/08/2011 - 15:49 | 1538763 Eyes on the World
Eyes on the World's picture

Absolutely there's reason to be concerned.  Anyone who continues to do business with does so at their own peril.

Mon, 08/08/2011 - 15:50 | 1538772 Count Laszlo
Count Laszlo's picture

Well, he's covered. But why keep your money in that dead fish. BoA is 100% done.

Mon, 08/08/2011 - 15:52 | 1538789 RobD
RobD's picture

I suggested on FaceBook that if any of my friends had money in BofA to get it out pronto...so far no replies...I guess none of my moron friends are in BofA?

Mon, 08/08/2011 - 16:14 | 1538986 IQ 145
IQ 145's picture

No. Stop bothering him about it. you've been mis-informed by "blog wisdom"/ the FDIC exists and it functions. end of story.

Mon, 08/08/2011 - 15:45 | 1538739 Pool Shark
Pool Shark's picture


Time to dust off my "DOW 10,000" hat again.

I've gotten more use out of that thing...

Mon, 08/08/2011 - 15:45 | 1538741 Eyes on the World
Eyes on the World's picture

A woman who works with a family member said Bank of America told her at lunch their computers were down.  No further word, just that she couldn't conduct business at that time.


Mon, 08/08/2011 - 15:45 | 1538744 Atomizer
Atomizer's picture

oh looky, we are back to -600

Mon, 08/08/2011 - 15:46 | 1538749 Pool Shark
Pool Shark's picture

The urgent care clinics across the nation will be jam-packed with knife catchers tonight...

Mon, 08/08/2011 - 18:34 | 1539743 Jasper M
Jasper M's picture

LOL! Best comment of the evening! Kudos!

Mon, 08/08/2011 - 15:47 | 1538751 John McCloy
John McCloy's picture

Bidless into the close...as FAZ pays for my entire trip to St. John in October and Painkillers for all at Soggy Dollar Bottom Bar. 

Mon, 08/08/2011 - 15:49 | 1538770 Caviar Emptor
Caviar Emptor's picture

Dow is back in it's 2010 range. Getitng close to bear market territory

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