from:
http://sherriequestioningall.blogspot.com/2011/04/morgan-stanley-default...
Saturday, April 16, 2011
Morgan Stanley Defaulted on a Loan and Walked away from Offices in Tokyo!! Gave the keys back! Biggest Default in Japan's History 3.3 Billion!
It is the biggest default ever in Japan's History - it is worth 3.3 Billion. Morgan Stanley left their investors high and dry with this default! Will this information come to light in the U.S. MSM?
Portions from Article:
The refinanced debt was sold in six different tranches by Morgan Stanley to investors.
Now comes the question on WHY Morgan Stanley did this?
Commonsense says they know something we do not or they can read the writing on the wall. Tokyo is getting a major amount of radiation from the Fukushima melt down. They have decided to walk away from their investments there.
I have read this morning (16th) that planes have been chartered with the elite getting out of Japan in a more hurried fashion than before.
Here is an article on how many of the banks have left Tokyo along with other major corporations and evacuated their top personnel. It is being denied by those corporations, but with the latest news of Morgan Stanley walking away from an office building, I would wager a bet it is true.
From Article:
German car maker BMW and car part maker Continental are among companies moving employees out of the country.
Others, including software group SAP, are moving staff to southern cities within Japan.
Workers have suspended operations at the nuclear plant after a rise in radiation levels.
Radiation levels in Tokyo were higher than normal, officials said, but not at levels dangerous to humans.
The expatriate staff of international banks, including Morgan Stanley, BNP Paribas and Standard Chartered, have reportedly left the capital city.
Could this be due to information that just came out about Reactors 1, 2 and 3 (Mox Fuel) having melted?
Full story linked.
Update -I have found information on the building they have walked away from.
http://skyscraperpage.com/cities/?buildingID=27919
Shinagawa Grand Central Tower
品川グランドセントラルタワー
2-16-3/4, 2 Konan, Minato-ku
Tokyo Japan
Status:built Construction Dates Began2000 Finished2003 Floor Count32 Basement Floors3
Building Uses - office - restaurant - retail Structural Types - highrise - landing pad
If one believes that the earthquake was no "accident," then the deliberate destruction of the Japanese economy can also be assumed.
If life was fair, Morgan Stanley's credit should be ruined by their default, right? I won't hold my breath (although it might be wise under the circumstances).
It is a little frightening to think just how fragile our economies are and how easy it is to ruin them - whether intentionally or not. Japan is not going to recover from this any time soon - and if they are wise, they will use this as an opportunity to GET OFF the maya of wall street and the current global financial system. They're done. The question is - will they? Or will they continue to let these people control them. We could easily be in the same position soon - and we may have to make that same decision. It won't be easy - especially when there is stress on the infrastructure and people are hurting.
I sincerely hope they can come through this with a positive outcome. So much good stuff has come out of Japan for so long - we will all feel this.
If anyone can recover from this it is the Japanese...
No one has panicked, no looting, people have not rushed out and bought up all the food, they buy only what they need so there is something left for the next person, they are dignified, co-operative and work for the whole and not just themselves.....imagine America is the same situation.......
What a wonderful example the Japanese have shown us all.......
L
Jez
There is much to be learned from the Japanese. It would bode well for the Western world to take heed. All that is built upon sand and with cards will be falling... remember it is just cards that are falling.
I bless the Japanese with Love. I bless all of humankind with Love. I bless you with Love.
--Fairy