Word: morgan
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...bailout, not to mention every gasp from the housing market. And then there's the elephant in the room: the downward spiral of economic activity, including last week's chilling November employment report, which showed 533,000 more people out of work - "one of the worst ever," according to Morgan Stanley economist Ted Wieseman. As the various industry bailouts - banks, auto companies, credit unions and, next, states - seek to reassure investors, collectively they confirm just how bad things...
...Zimbabwe, it’s hard to believe that just six months ago this was a country about which many felt hopeful. Last spring, Zimbabwe seemed on the verge of democratically removing the dictator Robert Mugabe from power: Elections had just taken place, and there was evidence that Morgan Tsvangirai, the leader of the country’s largest opposition power, had been victorious. But Mugabe’s network of corruption was too strong to let that happen. After a slew of election recounts, much posturing, and, no doubt, vast amounts of behind-the-scenes violence and threats, Tsvangirai...
...your deposit dollars, driving interest rates on bank products abnormally high. At first glance, that's fantastic news for consumers who are finding CDs that yield 4% and money-market accounts that pay 3%. But the competition for money - which will surely intensify as new bank holding companies like Morgan Stanley, Goldman Sachs and American Express amp up efforts to attract deposits - is also squeezing banks' profit margins, further straining an already weak industry and stressing smaller banks, many of which didn't go hog wild making risky loans in the first place. "Higher rates are a short-term...
...more competition is on the horizon. In the past two months, Goldman Sachs, Morgan Stanley, Raymond James, GMAC, American Express and business financier CIT have all applied to convert into bank holding companies, partly in order to be able to get access to cheap funding through deposits. GE Capital, the finance arm of GE, is planning on doubling its deposit base, which it garners through broker-sold CDs, to $81 billion next year. Goldman Sachs is on track to open an online bank. Morgan Stanley, which already has $36 billion in deposits, is selling billions of dollars' worth...
...prepares to face his Russian opponent Anatoly Sergievsky (Adam M. Lathram ’10) amid a politically tense atmosphere. Everyone, it seems, is a secret agent—or could be. When Freddie rashly accuses Anatoly of cheating, the game is suspended for negotiations. Meanwhile, Florence Vassy (Morgan L. Mallory ’10), Freddie’s Hungarian-American second, leaves her underappreciated role by Freddie’s side and instead begins a hasty and torrid romance with Anatoly...