When Glass-Steagall forced J.P. Morgan to separate his commercial banking from his investment banking operations, he spun off the investment banking into what is now Morgan Stanley.
Susan Pulliam, Liz Rappaport, Aaron Lucchetti, and Jenny Strasburg chronicle Morgan Stanley's death throes. Evan Newmark tells us how greed did in Morgan Stanley writing at the Deal Journal on the Wall Street Journal's website.
Tuesday, November 25, 2008
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