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Morgan Stanley

Morgan Stanley CEO John Mack Talks About Paulson Meeting On CNBC (VIDEO)

CNBC | Posted 05.25.2011 | Business

Morgan Stanley CEO John Mack, one of the financial institution CEOs called in for a meeting with Treasury Secretary Henry Paulson, appeared on CNBC th...

Morgan Stanley gets lifeline, is ready for deals

AP | JOE BEL BRUNO and STEPHEN BERNARD | Posted 05.25.2011 | Business

NEW YORK — Morgan Stanley averted disaster with a $9 billion lifeline from a major Japanese bank, and on Monday declared it will use that money ...

Treasury Will Guarantee Mitsubishi's Investment In Morgan Stanley

DealBook | Posted 05.25.2011 | Business

In what could set an important precedent, federal officials assured a big Japanese bank late Sunday that its planned investment in the embattled Wall ...

Investors: Morgan Stanley Won't Be Another Lehman Brothers

Reuters | Dan Wilchins | Posted 05.25.2011 | Business

For U.S. authorities watching from the sidelines as Morgan Stanley struggles with doubts about its survival, letting the investment bank fail is not r...

What Is A CDS, Or Credit Default Swap?

CNN | Nicholas Varchaver and Katie Benner | Posted 05.25.2011 | Business

If Hieronymus Bosch were alive today to paint a triptych called "The Garden of Mortgage Delights," we'd recognize most of the characters in the baccha...

Morgan Stanley Under Assault

New York Times | Posted 05.25.2011 | Business

John J. Mack just cannot catch a break. After briefly beating back those who would bet against Morgan Stanley, the humbled Wall Street giant that he ...

Wrecking, Wrecking, Wrecked

Thomas Frank | Posted 05.25.2011 | Politics
Thomas Frank

At business's urging, business was left up to its own devices; its own devices turned out to be precisely the things that our grandparents set up regulatory agencies to guard against.

The Bailout: Getting It Right More Important Than Getting It Fast

Dawn Teo | Posted 05.25.2011 | Home
Dawn Teo

Neither fear nor a quick fix is the answer to the economic crisis. It's time our country exercised some caution, forethought, courage, and patience to get ourselves out of a crisis.

U.S. Monkeys Guard Financial Bananas

Diane Francis | Posted 05.25.2011 | Business
Diane Francis

America's financial 9/11 was self-inflicted as a result of by a stupid regime which believes in the dogma of the jungle.

Not So Fast: Democrats Say Bailout Will Pass, But With A Few Changes

Posted 05.25.2011 | Business

WASHINGTON — Sen. Christopher Dodd says it's just as important to act responsibly as it is to move hastily on legislation aimed at stabilizing t...

Last major investment banks change status

AP | MARTIN CRUTSINGER | Posted 05.25.2011 | Business

WASHINGTON — The Federal Reserve said Sunday it had granted a request by the country's last two major investment banks _ Goldman Sachs and Morga...

New York Times Retracts Morgan Stanley Chief's "We're Not Gonna Make It" Quote

Huffington Post | Posted 05.25.2011 | Media

The New York Post's Paul Tharp Friday reports that the New York Times has retracted a salacious quote about the Wall Street crisis that appeared in a ...

Why I Won't Shed Tears For Wall Street

Robert Reed | Posted 05.25.2011 | Business
Robert Reed

How many companies have been damaged in the name of maximizing shareholder value? How many unnecessary mergers, spin-offs and other dumb deals were spawned just to give the stock a jolt? How many jobs and benefits were cut because Wall Street said that was an easy path to operating "efficiencies" and greater short-term returns?

John Mack, Morgan Stanley Chief, Springs Into Action

BusinessWeek | Emily Thornton | Posted 05.25.2011 | Business

With financials taking the biggest hits in the Wall Street crisis, Morgan Stanley CEO John Mack has sprung into action, reports BusinessWeek: As Morg...

Wall Street Crisis Sends Investors Looking For Safe Options

NYT, CNBC, Forbes | Dave Burdick | Posted 05.25.2011 | Business

Three straight days packed with financial news and worry -- including the repercussions of meltdowns at major financial institutions -- have panicked ...

Source: Morgan Stanley Holds Takeover Talks With Wachovia, CITIC

Reuters | Posted 05.25.2011 | Business

Morgan Stanley (MS.N), which saw its stock pummeled Wednesday on worries it may not survive the credit crunch, has held preliminary takeover talks wi...

Stocks drop on bank worries, FedEx profit warning

AP | TIM PARADIS | Posted 05.25.2011 | Business

NEW YORK — Wall Street sank Wednesday for the second straight day on renewed concerns about the financial sector and FedEx Corp.'s warning that ...

After Rough Year, Nearly Half Of Wall St. Bank Profits Are Gone

The New York Times | LOUISE STORY | Posted 05.25.2011 | Business

Only a year ago, Wall Street reveled in an era of superlatives: record deals, record profit, record pay. But a mere 12 months later, nearly half of th...

Green Banking, Good Banking

John Tepper Marlin | Posted 05.25.2011 | Green
John Tepper Marlin

If Ceres Climate Change ratings had been used as a proxy for long-term thinking, they would have been helpful. They would, in the context of the illiquidity of the credit markets, have been a good predictor of the Bankers Panic of 2008.

Morgan Stanley Plans To Cut 1,500 More Workers

CNBC | Charlie Gasparino | Posted 05.25.2011 | Business

Morgan Stanley is planning another round of layoffs in the coming days, finalizing a plan to slash another 5 percent from its securities-firm workforc...

James Brown's Estate Sues Morgan Stanley

NY Times via Yahoo | Posted 05.25.2011 | Business

A dispute over the estate of the legendary soul singer James Brown has reached a bitter new pitch -- on Wall Street. The estate's guardians are accus...

Morgan Stanley's Mack Sees End of Crisis

AP | JOE BEL BRUNO | Posted 05.25.2011 | Business

PURCHASE, N.Y. — Morgan Stanley Chief Executive John Mack said Tuesday that Wall Street is facing the most difficult conditions that he has seen...

Morgan Stanley Barred From Hiring Ex-Bear Employees

Reuters | Jonathan Stempel | Posted 05.25.2011 | Business

A U.S. federal judge has temporarily blocked a former senior Bear Stearns Cos (BSC.N) executive from jumping to Morgan Stanley (MS.N) and recruiting c...

Is Paper Money Going the Way of the Dinosaur?

Eben Esterhuizen | Posted 05.25.2011 | Business
Eben Esterhuizen

Because "stagflation" sounds a hell off a lot scarier than "recession," you'll probably be hearing a lot about it in the financial media over the coming weeks.

Wall Street Gears For New Pain

Wall Street Journal | LINGLING WEI, RANDALL SMITH | Posted 05.25.2011 | Business

After suffering a beating from their exposure to home loans, banks and securities firms are about to take their lumps from office towers, hotels and o...