Morgan Stanley's (MS) Roach Says IMF Using Water Pistol on Forest Fire, Calls Out Chanos on China Dec 2, 2011 02:46PM

Morgan Stanley (NYSE: MS) Asia non-Executive chairman Stephen Roach recently spoke on Bloomberg TV about the rumored European proposal to channel central bank loans through the International Monetary Fund. The exec also commented on Chinese banks and the U.S.

The following are some of the highlights from his interview:
He says using a bazooka to put a floor on markets is good in theory, but Europe isn't using a bazooka.

$270 ...



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