Allegedly, per our friends at Street Account, "CalPERS no longer lending out shares of Goldman Sachs and Morgan Stanley"...
At one point, MS was down -40% today. Morgan Stanley has already traded 225 million shares, multiply that number by $20 or $25/share, and that's one heck of a lot of evil doers shorting their stock!
Maybe someone who is long is selling it... Shhh - don't tell anyone... that doesn’t fit the Wall Street excuse making narrative.
KM
