Why No Insider Buying At Morgan Stanley and Goldman Sachs (MS, GS)?

October 10, 2008 11:57 AM EDT
With Morgan Stanley (NYSE: MS) and Goldman Sachs (NYSE: GS) in free-fall, one has to ask "Why aren't there any insider purchases of the stock?"

Maybe they know something that we don't. These are supposed to be the best and the brightest, yet they won't touch their own stock.

Come on Johh Mack and Lloyd Blankfein, buy your own stock. Only you can instill the much needed confidence.

MS is down 39% and GS is down 23%.

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