Word: morganized
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...view is supported by academics such as MIT's Paul Asquith, who has done extensive research on short sales. Asquith reviewed two years of data during which short trades were tracked by the SEC, and found that 30% of all trades are short sales. And outfits including Goldman and Morgan Stanley are no strangers to going short in their proprietary trading strategies. All the short sellers are going to do is make the market react faster, he says. "The question is, Can the short seller take a firm down? The answer is no. Not by themselves. If there is nothing...
...Zimbabwe If You Can't Beat 'Em ... After six months of political chaos in a nation facing an acute economic crisis, rivals Robert Mugabe and Morgan Tsvangirai have reached an agreement to share power. While the terms of the deal are vague, it raises hope for stability in a country where inflation is estimated at more than 11 million percent, half the population is malnourished and 8 out of 10 people are unemployed and live on less than $2 a day. Western economic sanctions on the country remain in place...
...Morgan Tsvangirai Prime Minister...
...Just yesterday came news that one other venerable investment bank, Morgan Stanley, was considering a merger with the commercial bank Wachovia...
...prominent investment banks became the latest casualties in the financial sector, following in the footsteps of Bear Stearns, which was sold to J.P. Morgan in March in a deal orchestrated—and partially insured—by the Federal Reserve...