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Morgan Stanley

Matt Taibbi: NY Attorney General Vs. The Banking World

Rolling Stone | MATT TAIBBI | Posted 10.25.2011 | Business

On the one side is Eric Schneiderman, the New York Attorney General, who is conducting his own investigation into the era of securitizations – the p...

On Wall Street, One Group Remains Remarkably Optimistic

New York Times | NELSON D. SCHWARTZ and ERIC DASH | Posted 10.22.2011 | Business

Amid all the grim economic data and a chorus of warnings of a fresh recession, one group on Wall Street has remained remarkably optimistic despite the...

Wall Street Bankers 'Answer Call' Of New Careers

Reuters | Lauren Tara LaCapra | Posted 10.17.2011 | Business

(Reuters) - In his 23 years as a banker, Adam Greene trotted the globe, closing billions of dollars' worth of deals for some of the world's biggest ba...

HSBC Fires In Europe, To Hire In Asia

The Huffington Post | William Alden | Posted 10.02.2011 | Business

HSBC, Europe's largest bank, is firing people in Europe and the U.S., and hiring people elsewhere. With profits from its Asian and Latin American b...

Simon Johnson: Low Bank Capital Is Next U.S. Fiscal Crisis

Bloomberg | Simon Johnson | Posted 10.01.2011 | Business

The summer debate that has dominated Washington seems straightforward. Under what conditions should the U.S. government be allowed to borrow more mone...

U.S. Businesses, Wall Street Prepare For Possibility Of Downgrade, Default

Posted 09.22.2011 | Business

NEW YORK (Emily Flitter and Jennifer Ablan) - American businesses, from Wall Street banks to major industrial corporations, are preparing continge...

Fewer Perks, More Work For Wall Street's Summer Interns

New York Times | KEVIN ROOSE | Posted 09.21.2011 | Business

In better days, college-age interns at the nation’s largest investment banks, known as summer analysts, were treated like young royalty. But shrinki...

William Alden

As Layoffs Hit Wall Street, Lowest-Paid Workers Lose Jobs

HuffingtonPost.com | William Alden | Posted 09.21.2011 | Business

NEW YORK -- Layoffs have returned to Wall Street as investment banks bemoaning economic malaise and disappointing revenues are moving to pare their pa...

Morgan Stanley Reports Loss In Second Quarter

AP | PALLAVI GOGOI | Posted 09.20.2011 | Business

NEW YORK - Morgan Stanley is reporting a loss $558 million for the second quarter. The investment banks' earnings took a hit from converting an invest...

The Shameful Murder Of Dodd-Frank

Robert Reich | Posted 09.19.2011 | Business
Robert Reich

The sad lesson of Dodd-Frank is that Wall Street is too powerful to allow effective regulation of it. The only answer left is to break up the giant banks with antitrust action.

Goldman Plans 1,000 Layoffs

Posted 09.18.2011 | Business

NEW YORK (Lauren Tara LaCapra and Knut Engelmann) - Goldman Sachs' anemic second-quarter results on Tuesday rattled investors and cast a pall on i...

Simon Johnson: Europe's Three Forms Of Contagion

Bloomberg | Simon Johnson | Posted 09.17.2011 | Business

There are three types of contagion in a financial crisis, when the potential collapse of a firm, bank or country threatens to spiral out of control. T...

Morgan Stanley Denies Report It Could Lay Off 'Possibly Thousands Of Jobs'

Posted 09.13.2011 | Business

NEW YORK (Lauren Tara LaCapra) - Morgan Stanley (MS.N) might lay off more workers than the few hundred underperforming financial advisers it previ...

Oil Foolishness -- Is THIS the Market We Want?

Daniel Dicker | Posted 09.07.2011 | Business
Daniel Dicker

Yesterday, with absolutely nothing going on from a supply or demand standpoint, with most hedge fund managers at the beach during this short week, Brent crude oil rallied more then FOUR dollars. HUH? What the heck was that about?

Morgan Stanley Exec: Debt Deal Could Be 'Exactly' What The Economy Needs

The Huffington Post | Alexander Eichler | Posted 09.07.2011 | Business

On the news that President Obama and Congressional Republican leaders may have laid the groundwork for a debt-ceiling agreement, Morgan Stanley econom...

Morgan Stanley Downgrades Google Due To Aggressive Expansion

Posted 09.07.2011 | Business

Morgan Stanley downgraded Google Inc a notch to "equal-weight," saying the search giant's margins will shrink as it undertakes aggressive hiring a...

Brokerage Loses CDs Holding Personal Info Of 34,000 Clients

Posted 09.06.2011 | Business

Brokerage Morgan Stanley Smith Barney, a joint venture between Morgan Stanley and Citigroup, said personal information of 34,000 investment client...

Banking Groups Complain Of 'Unfair' Pay Clawbacks

Posted 09.05.2011 | Business

HuffPost Update: The FDIC approved a rule Wednesday that allows regulators to claw back up to two years of Wall Street executives' pay if they are fou...

Barron's Brings Us Halloween in July Predicting $150/bbl Oil

Raymond J. Learsy | Posted 09.04.2011 | Business
Raymond J. Learsy

Business must be slow and circulation down at Barron's. What better way to stimulate newsprint distribution than a blazoned scaremonger front page headline as in this past weekend's edition, "Get Ready For $150 Oil".

On Obama, Wall Street Shows A Reluctance To Commit

The New York Times | ANDREW ROSS SORKIN | Posted 08.27.2011 | Business

President Obama's $35,800-a-plate fund-raising dinner was the talk of Wall Street last week....

The Dangers Of Getting Rich In Your Divorce

Natalie Pace | Posted 08.27.2011 | Divorce
Natalie Pace

In most marriages, there's one partner who pays the bills and invests and another who doesn't. So, what do you do when our money becomes your money a...

Even Hurting Banks Are Still Very Profitable

TIME.com | ZACHARY KARABELL | Posted 08.21.2011 | Business

The latest out of Wall Street-land is a warning by analysts at Citibank that profits at Goldman Sachs and Morgan Stanley (and to a lesser degree at ot...

Big Banks Lose Battle Against Small Stock Research Site

Posted 08.20.2011 | Business

NEW YORK (Jonathan Stempel) - A federal appeals court handed a major defeat to Wall Street banks by ruling that an online news service did not mis...

More Examiners Will Now Work At Companies They Regulate

Wall Street Journal | AARON LUCCHETTI | Posted 08.20.2011 | Business

As part of a push to prevent another financial crisis, the Federal Reserve Bank of New York and the Office of the Comptroller of the Currency are incr...

Banks Set To Cut Spending, Staffing Due To Regulations, Weaker Markets

Posted 08.17.2011 | Business

NEW YORK (Knut Engelmann) - Traditionally fat expense accounts on Wall Street are about to get slashed as major banks set out to cut spending and ...