A plaque remaining from the Big Apple Night Club at West 135th Street and Seventh Avenue in Harlem.

Above, a 1934 plaque from the Big Apple Night Club at West 135th Street and Seventh Avenue in Harlem. Discarded as trash in 2006.

Recent entries:
“After winning, I threw the ball into the crowd. Apparently, that’s unacceptable in bowling” (5/23)
“She made French toast and got her tongue caught in the toaster” (5/22)
“The universe is made of protons, neutrons, electrons and morons” (5/22)
“The job requires me to get a potato clock” (get up at eight o’clock) (5/22)
“I found the key to success, only to discover that the door was never locked” (5/22)
More new entries...

A  B  C  D  E  F  G  H  I  J  K  L  M  N  O  P  Q  R  S  T  U  V  W  X  Y  Z


Entry from February 20, 2013
Margin Stanley (Morgan Stanley nickname)

The financial firm of Morgan Stanley was founded in 1935 and is headquartered in New York City. Morgan Stanley has been nicknamed “Margin Stanley” since at least 2011, when the nickname was popularized on the financial blog Zero Hedge. To “buy on margin” is to borrow money to purchase a stock; the nickname “Margin Stanley” means that the firm is overleveraged.

Morgan Stanley has also been nicknamed “Moron Stanley” since at least 1992.


Wikipedia: Morgan Stanley
Morgan Stanley (NYSE: MS) is an American multinational financial services corporation headquartered in the Morgan Stanley Building, Midtown Manhattan, New York City. Morgan Stanley operates in 42 countries, and has more than 1300 offices and 60,000 employees. The company reports US$304 billion in assets under management or supervision.

The corporation, formed by J.P. Morgan & Co. partners Henry S. Morgan (grandson of J.P. Morgan), Harold Stanley and others, came into existence on September 16, 1935, in response to the Glass-Steagall Act that required the splitting of commercial and investment banking businesses. In its first year the company operated with a 24% market share (US$1.1 billion) in public offerings and private placements. The main areas of business for the firm today are Global Wealth Management, Institutional Securities, and Investment Management.

Investopedia
Margin Trading: What Is Buying On Margin?
Buying on margin is borrowing money from a broker to purchase stock. You can think of it as a loan from your brokerage. Margin trading allows you to buy more stock than you’d be able to normally. To trade on margin, you need a margin account.

Phuket Info Forums
LivinLOS
04-10-2011 19:29
(...)
Margin Stanley is +30 bp on the day also.. A worrying 610 / 650 says things are not good at MS.

Zero Hedge
Margin Stanley, China, And High Yield: Mix It All In, And Let Simmer (With An Aussie Accent?)
Submitted by Tyler Durden on 09/30/2011 13:32 -0400
This week’s trifecta of key financial developments, that go far deeper than superficial headlines, namely China, Morgan Stanley (and European bank exposure in general) and the equity-credit disconnect, just got another major push.

silvergoldsilver
Monday, October 3, 2011
Margin Mondays!
(...)
I now want to reiterate what I have been telling my loyalists for about 2 months now. Morgan Stanley will be the next to go. I will now call it Margin Stanley from here on out.

Zero Hedge
Goldman Comes To Margin Stanley’s “Defense” As It Is Now Actively Selling MS Calls, Buying Short Term CDS
Submitted by Tyler Durden on 10/07/2011 08:21 -0400
The bank that was selling Dexia shares to its clients all the way down (Goldman Cuts Dexia From Buy To Neutral On Imminent Restructuring And Winddown) and which has the uncanny ability to align its own trading desk with an event’s “outcome”, at the expense of clients of course, has just done it again. As of this morning it is actively selling Margin Stanley calls to whoever is still left as a client.

Zero Hedge
Margin Stanley Is Back: Bank Must Post $10 Billion In Collateral In Case Of 3 Notch Downgrade
Submitted by Tyler Durden on 05/07/2012 18:05 -0400
Last week it was Bank of America. This time it is the bank once again known as Margin Stanley. From the 10-Q: “In connection with certain OTC trading agreements and certain other agreements associated with the Institutional Securities business segment, the Company may be required to provide additional collateral or immediately settle any outstanding liability balances with certain counterparties in the event of a credit rating downgrade.”

iBankCoin
“The Fuckbook” starring Margin Stanley
By The Fly – Tue May 29, 2012 4:09pm
I edged higher by 0.7%, despite having a fucking sinkhole heavily overweighted in my portfolios. As it stands now, YELP represents just 20% of my assets, thanks to all of that awesome depreciation. Thank the heavens for my other stocks, like TEX, EXK, MTW and NXPI, carrying the water for my YELP.

Naturally, the social media sector is being compressed, all thanks to the purposeful and criminal elements inside of the once great firm “Margin Stanley” (h/t:ZH).

Zero Hedge
Vampire Squid Downgrades Margin Stanley From Conviction Buy To Netural, Warns On Counterparty Risk, Lowers PT From $20 To $16
Submitted by Tyler Durden on 06/26/2012 08:16 -0400
GS just did what it does best: pulled the rug from under its most troubled peer: “We are downgrading MS to Neutral and removing shares from the America’s Conviction List. Since being added to the Americas Conviction List on January 29, 2012, MS shares are down 27% vs. flat for the S&P 500. Over the past 12 months, MS shares are down 39% vs. the S&P 500 up 4%.”

Twitter
zerohedge ‏@zerohedge Feb 2
Morgan Stanley On Europe: “We’re Getting Worried” http://www.zerohedge.com/news/2013-02-01/morgan-stanley-europe-were-getting-worried

silvergoldsilver
‏@silvergoldsilve
@zerohedge margin Stanley- please edit your title
6:27 PM - Feb 1, 2013

Posted by Barry Popik
New York CityBanking/Finance/Insurance • Wednesday, February 20, 2013 • Permalink