Word: morgans
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Dates: during 2000-2009
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...early June with surprising ease. Selling new shares usually makes a company's stock price go down because the earnings-per-share pie gets cut up into more slices. But many of the banks have been able to raise cash and have their stock price continue to rise. J.P. Morgan, for instance, raised $5 billion in May, yet its stock price rose 14% over the course of the month. All told, the 19 stress-tested banks have raised a total $65 billion since the test was completed...
...result is that many more banks than expected have the resources to repay the billions they got from the Troubled Asset Relief Program back in October. Morgan Stanley, for instance, came out of the stress test a month ago in need of $1.8 billion in additional capital. But in the past month the bank was able to raise nearly $7 billion by selling new shares of stock. The result: Morgan says those stock sales and other moves will allow the bank to repay all of its TARP funds by the end of June. And Morgan won't be alone...
...Stephen Roach is chairman of Morgan Stanley Asia and was the firm's chief economist...
...thing that I feel most summed her up is that she never backed down from a challenge—be it something huge like her torn ACL in rugby, or something as small as an arm wrestling match,” Radcliffe Rugby co-captain Morgan M. W. Jessee ’09 wrote in an e-mail. “Joo met life head-on, and it’s what I admire most about her,” Jessee continued. “She was an amazing person, a great friend, and her passing has left a huge...
...January? Ten days later, Dean of the College Evelynn M. Hammonds sent a letter to the community announcing a student-faculty committee that would work to nail down J-Term logistics. The UC was able to choose two students—William R. Rose ’11 and Morgan L. Paull ’12—to serve in the group. On budgetary issues, Flores began to push harder for a seat at the table. At the same April 14 meeting, Flores inquired into the level of involvement the Council would have on budget cuts...