Yikes, that didn’t take long. We knew last night that Wells and Morgan Stanley were moving ahead with bolstering their capital. They did so in spades today. Wells had planned to issue $7.5 billion of stock and ended up selling $8.6 billion today. Morgan Stanley sold $4 billion of equity and raised another $4 billion […]
Posts Tagged ‘morgan stanley’
Stuff I Found Interesting Today
Posted by Tom Lindmark on March 31st, 2009
There’s a lot of interesting things popping up today. Here’s a quick compendium of some that you might find worth pursuing. Barney Frank & Mark-To-Market Not content to just get rid of MTM and trust the banks to tell us the truth from now on, Congressman Frank now thinks it might be a good idea […]