Kass: You Heard It Here First

Earlier this week, we expressed the view that Merrill and Morgan were engaged in discussions for capital raises.
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This blog post originally appeared on RealMoney Silver on Dec. 21 at 7:16 a.m. EST.

My bunny, or gnome (as the case might be!), has a very good nose.

Earlier this week, we expressed the view that both

Merrill Lynch

(MER)

and

Morgan Stanley

(MS)

were engaged in discussions for capital raises.

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The Edge had the stories even before my friend/buddy/pal,

CNBC's

Charlie Gasparino, author of a fabulous new book,

King of the Club

.

TheStreet.com

has a revenue-sharing relationship with Amazon.com under which it receives a portion of the revenue from Amazon purchases by customers directed there from

TheStreet.com.

At time of publication, Kass and/or his funds were short Merrill Lynch and Morgan Stanley, although holdings can change at any time.

Doug Kass is founder and president of Seabreeze Partners Management, Inc., and the general partner and investment manager of Seabreeze Partners Short LP and Seabreeze Partners Short Offshore Fund, Ltd.