Word: stanley
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Dates: during 2000-2009
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...That's a familiar nightmare for other manufacturers across the region, from toymakers to electronics companies. Andy Xie, Morgan Stanley's chief economist for Asia, says the region's industrial stalwarts face such competitive markets that they often can't pass along price increases to customers. "They are at the bottom of the global trading system and are the most vulnerable to a price squeeze," he says. Although corporate profits this year have been relatively strong across Asia, Xie expects this to change in coming quarters, with corporate earnings likely to decline next year...
...economists in Asia are keeping one eye fixed on oil prices, the other on China. Second-quarter GDP numbers showed the economy is still growing at a blistering 9.6% per year. But Morgan Stanley's Xie warns that "China can't grow at this speed when oil prices are this high." China's annual oil bill is running at $89 billion, or 5.3% of GDP, twice as high as the global average, says Xie, who worries that if oil prices remain above $30 per barrel, growth rates will inevitably be hit. "They have to slow down," Xie says. "There...
Finally, after nearly twenty years, Art Spiegelman has returned to comix, generating the same excitement among the comixcenti as Eyes Wide Shut, Stanley Kubrick's long-delayed final film brought to cinephiles. Though Spiegelman's name may not be as well known to the general public as Kubrick's, his 1986 Holocaust memoir Maus, featuring cats as Nazis and mice as Jews, remains the most recognized graphic novel ever published. In spite of this, Spiegelman became, as he says in the introduction to his new book, "like some farmer being paid not to grow wheat," writing essays and doing cover...
MERRILL LYNCH, MORGAN STANLEY These brokerage stocks trade alike 92% of the time and after disconnecting typically rejoin in about two weeks...
...looking for people with strong regulatory sensibilities," says Susan Kurz Snyder of Greene-Levin-Snyder Legal Search Group, an executive-recruitment firm. In the past year, Eric Dinallo from New York attorney general Eliot Spitzer's office and the SEC's Patrick Patalino have switched over to Morgan Stanley and Credit Suisse First Boston, respectively. The latest defector: Beth L. Golden, Spitzer's former deputy of special projects, who becomes the global head of compliance at the Bear Stearns Cos. next month. Bear Stearns has received requests for information and subpoenas from many federal and state agencies, including Spitzer...