15 hrs ago | BBC
HSBC in new sub-prime writedown
“I am encouraged by the way we have increased pre-tax profits in every one of the major countries in which we operate in Asia-Pacific, the Middle East and Latin America”
Europe's biggest bank HSBC has written off $3.2bn in the first three months of 2008 as a result of its exposure to the US sub-prime market. via BBC
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Morgan Stanley Forum & PollsWednesday May 14 | The Washington Post
Wall St extends gains as inflation worry ebbs
By Ellis Mnyandu Reuters Wednesday, May 14, 2008; 10:38 AM NEW YORK - Stocks rose on Wednesday after government data showed that consumer prices grew less than expected in April, taking pressure off the Federal ... via The Washington Post
Monday May 12 | K102
Monday May 12 | Fox News
Morgan Stanley Closes $4 Billion Infrastructure Fund
Durable goods are just that: hard goods; they don't wear out quickly and can be used over and over again for at least several years. via Fox News
Sunday May 11 | Reuters
Dark pool volume figures may be overhyped
“There are a lot of issues with people claiming volume where there isn't.”
Volume figures touted by more than 40 off-exchange stock trading venues to attract customers may be too easily inflated because of cut-throat competition and flawed accounting processes, a top Morgan Stanley ... via Reuters
Friday May 9 | Earth Times
AIG's loss and record oil sour mood on Wall St
“Also, we are seeing the spiral playing out of declining home prices making financials' underlying collateral worth less. At best, financials will have to keep issuing new capital, which dilutes existing shares, so down the shares go.”
Stocks fell on Friday as the price of oil set another record and concerns about the financial sector flared up again after American International Group Inc reported a massive loss. via Earth Times
Thursday May 8 | Earth Times
PERE Magazine Unveils 30 Largest Private Equity Real Estate Firms
NEW YORK & LONDON & SINGAPORE - The Blackstone Group and Morgan Stanley Real Estate are the two largest private equity real estate firms in the world, according to the PERE 30, a new ranking of private equity ... via Earth Times
Tuesday May 6 | Canada.com
Don't like your job? Write a book about it
“His name's been out there as a critic, so I guess that's why a lot of critics want to have at him.”
Keith Gessen remembers a time when he looked into the future and saw only a cubicle. via Canada.com
Tuesday May 6 | The Tennessean
Bible Park promoter has 'Penthouse' past
“He was also asked to take some of the glamour photography, which is what he also did.”
A co-founder of the investment company proposing a biblical theme park in Rutherford County was a prolific photographer for Penthouse magazine in the 1970s. via The Tennessean
Monday May 5 | The Huffington Post
Morgan Stanley Plans To Cut 1,500 More Workers
“We are constantly evaluating business conditions to ensure we are right-sized and we continue to do that”
Please wait, your request is processed... Show your support. Buzz this article up. via The Huffington Post
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