Morgan Stanley, Derivatives | featured news

Those Pesky Derivatives Strike Again

Morgan Stanley

So just when we thought we had heard all about the threats the hazardous use of derivatives could unleash on to the economy, a leading bank [Morgan Stanley] apparently managed to find a new way to use them, this time to help gouge consumers of more than $150 million.

 

Morgan Stanley shares fall as it reportedly faces probe into sales of mortgage securities

Morgan Stanley shares fall as it reportedly faces probe into sales of mortgage securities

Morgan Stanley shares dropped Wednesday following a report that the investment bank is facing an investigation into mortgage derivative deals.

 

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