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US debt ceiling crisis - business news and markets: as it happened - October ...
All became clear when the Daily Telegraph reported that Mr Morgan had been ousted from the board of the company his grandfather founded more than 100 years ago.
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ObamaCare Investment: Medicaid HMOs
That pushed up the Morgan Stanley Healthcare Payor Index nine-fold in the seven years through 2007. Then last year ... That result is misleading because it includes a $234 million legal settlement that wiped out $150 million in operating profit. It ...
If You Hate Government Bailouts Then You Should Be Loving The Ireland Crisis
The best hope is to settle the matter as soon as possible. Call it what you want - a crisis-resolution mechanism, a stability mechanism, a peace offering to the gods - but a plan is needed sooner rather than later, with clarity about how it will be ...
Protection From Legal Claims For Opinions About The Authenticity Of Art
A 2012 decision, Abu Dhabi Commercial Bank et al v. Morgan Stanley & Co. et al18 in the federal court for the Southern District of New York again took up the question of whether credit ratings are opinions and, if so, what kind.
CIT Group Seeks to Become Bank Holding Company
In September, the investment firms Goldman Sachs and Morgan Stanley became bank holding companies. The company has struggled to finance its operations during the credit crunch, squeezing its business.