Morgan Stanley adds to litany of losses

Courtesy Marketplace  Wed, 06/18/2008 - 17:18

Morgan Stanley is the latest investment bank to report big earnings losses. Host Bob Moon asks Standard & Poor's Chief Economist David Wyss what its news means for the economy.


 

More related items

More banks to join securities settlement
As many as six banks are said to have agreed to buy back securities from the failed auction-rate market as part of a settlement with federal...

Bumper corn and soy crops predicted
Grain prices could fall as farmers are on pace to produce some of the largest corn and soy crops in history. Senior business correspondent Bob Moon...

More hot water for financials
UBS reports a second-quarter loss and will make its businesses more autonomous. JPMorgan Chase writes down $1.5 billion. And Morgan Stanley's debt...

UBS tries buyback to raise confidence
UBS says it will buy back $19 billion-worth of auction-rate securities from its customers. With billions of losses already on its books, can UBS...

Tamron 18-270mm f/3.5-6.3 Di II VC LD Aspherical IF Macro Lens...
With the advent of the latest 15X zoom lens from Tamron, the pioneer of high power zoom lenses, the high power zoom lens has steadily evolved from a...

The Essays of Warren Buffett: Lessons for Corporate America,...
The definitive work concerning Warren Buffett and intelligent investment philosophy, this is a collection of Buffett's letters to the shareholders of...

Sony Alpha A700 12.24MP Digital SLR Camera with 18-200mm...
With better than 11x zoom range, this SLR digital-camera moves you forward to a new scale of digital photography. Enjoy the all-new Sony a (alpha)...


 

Post new comment

The content of this field is kept private and will not be shown publicly.
money-employment.marc8.com