Morgan Stanley Curbs Enthusiasm
Morgan Stanley's (MS) weaker-than-expected earnings report on Sept. 19 dashed some hopes for contained losses from the subprime mortgage meltdown. A day before, Lehman Brothers (BusinessWeek, 9/18/07) released results that beat analysts' forecast and said the "worst of this credit crisis is behind us."
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.