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Morgan Stanleys


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Morgan Stanley sells retail investment branch to Invesco

The Earth Times Online Newspaper (Free subscription) | 10/20/2009

New York - Invesco Ltd has agreed to buy Morgan Stanleys retail investment management business for 1.5 billion dollars in stock and cash, the two companies confirmed. It was the industrys third takeover of an asset manager from a loss-ridden bank in ...

Explore : Business
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Too Big Too Fail, Too Privileged To Prosecute, Too Insignificant To Succeed

Kiko's House (Free subscription) | 10/27/2009

... cartoonists. "Too Big To Fail" became the catch term for the idea that the AIGs, Morgan Stanleys, Washington Mutuals and Freddy Macs and Fanny Maes are so large and so interconnected that the federal government cannot allow them to go under because that would have a disastrous effect on the economy. The term was soon applied to non-financial sector and insurance companies...