Word: stanleys
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...SHARES Most financial advisers will tell you to forget this dicey game. But if you're determined, U.S. brokerages with Far East offices--and that includes all the big ones like Merrill Lynch and Morgan Stanley--can get you B shares...
...Morgan Stanley Dean Witter--the World Trade Center's largest tenant, with 3,700 employees--sticking with its evacuation plan was critical to saving lives. Although someone on the south tower's public-address system informed workers that it was safe to return to their offices, Morgan's security officers kept them moving down dozens of flights of stairs. The result: all but six employees escaped. "Everybody knew about the contingency plan," said a Morgan spokesman. "We met constantly to talk about...
...appeal of trophy buildings like Chicago's Sears Tower, which was cleared during the attacks and for a few hours on a day the following week on the rumor of another hijacked plane. Many Wall Street firms, in fact, recovered quickly because their work forces were dispersed. While Morgan Stanley's retail brokerage business occupied the World Trade Center, its headquarters are in midtown Manhattan, and a trust-services division is based in Jersey City, N.J. "Companies should be in low-profile locations for many good business reasons, not just for security," says retired Admiral William Crowe, former Chairman...
...What was it like working with Stanley Kubrick on Eyes Wide Shut...
...retailer stocks. Utilities, discount retailers, food and drug companies, defense contractors and select tech firms including wireless and surveillance should hold up. Above all, don't sell just to sell. "You want to buy into panics, not sell into them," says Peter Canelo, U.S. investment strategist at Morgan Stanley...