Forget TARP: Wall St Borrowed $1.2 Trillion from Fed
> I continue to be of the mind that the Wall Street Bailouts were misguided, and that a massive Swedish style reorg would have been the best thing for the nation and the economy in the long run. Both Uncle Sam and the Fed would have provided the broad based debtor in possession financing required,...
Morgan Stanley PE Invests in Sterling Investment
Morgan Stanley Private Equity has made a majority equity investment in Sterling Investment Holdings. Financial terms weren't disclosed. Sterling Investments was formed to support the growth of Sterling Energy, a Denver-based natural gas gathering, processing and marketing company that serves oil and gas producers.
Downgrade mania begins to hit the filings…
Another day, another crazy day for the markets, with the Dow down over 300 points this morning. As we footnoted on Friday, there was already some speculation in the filings about a downgrade. And as the WSJ reported here, the rumors that S&P would downgrade the United State’s debt rating were flying fast and furious...
Morgan Stanley’s CEO Discusses Q2 2011 Results – Earnings Call Transcript
Morgan Stanley (MS)
Q2 2011 Earnings Call
July 21, 2011 10:00 am ET
Executives
Celeste Brown - Managing Director
Ruth Porat - Chief Financial Officer, Executive Vice President and Member of Management Committee
James Gorman - Chief Executive Officer, President and Director
James Rosenthal - Chief Operating Officer, Head of Technology, Head of Corporate Strategy and Chief...
A snapshot of this year’s disclosure avalanche …
Not quite two weeks ago, we passed the midpoint of 2011, marking a perfect opportunity to continue ignoring our New Year’s resolutions — and to check in on that marvel of modern investing, the Edgar database at the Securities and Exchange Commission. Edgar, of course, is the SEC’s ever-growing trove of corporate disclosures — as...
Morgan Stanley PE Buys EmployBridge Holding
Morgan Stanley Private Equity said Tuesday that it has bought EmployBridge Holding Co. Financial terms weren't announced. Atlanta-based EmployBridge, which operates under the ResourceMFG, ProLogistix and ProDrivers brands, provides temporary staff for the specialty manufacturing, warehousing/logistics and transportation sectors.
Sales and Trading Key to Turning Morgan Stanley’s Stock Around
Filed under: Morgan Stanley (MS), Stocks to BuyMorgan Stanley (MS) is a global financial services firm that is engaged in four distinct business areas: investment banking, sales & trading, wealth management for high net worth individuals and asset ...
Fifth Street Boosts Credit Facility to $215 Mln
Fifth Street Finance Corp. said Thursday that loan commitments on its three-year syndicated credit facility has increased to $215 million. ING Capital, which is leading the loan, is being joined by Deutsche Bank Trust Company Americas, Key Equipment Finance Inc. and Patriot National Bank on the facility.
Morgan Stanley’s Profit Rose 35%
Filed under: Earnings Reports, Industry, Citigroup Inc. (C), JPMorgan Chase (JPM), Goldman Sachs Group (GS), Morgan Stanley (MS)Bank earnings are coming in mixed. A few days ago, JPMorgan Chase (JPM) reported its profit was up 47%. Then, Goldman Sachs ...
Week in Preview: Banks in the Earnings Spotlight
Filed under: Earnings Reports, Forecasts, Bank of America (BAC), Goldman Sachs Group (GS), Wells Fargo (WFC)The earnings season ramps up this week. Analysts polled by Thomson Reuters foresee strong reports from such big names as Apple (AAPL), eBay (EBA...
Groupon Revs Up for an IPO
Filed under: Google (GOOG), Morgan Stanley (MS), Initial Public OfferingsAs equity markets return and investors warm up to the risk trade, it looks like IPOs are poised for a strong 2011, especially in the tech sector. For example, according to a New Y...
