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Stock Investing > The Peridot Capitalist

Morgan Stanley Becomes A Bank, Gets Overseas Investment

Chad Brand | Mon, 09/22/2008 - 8:36am |  Add a comment

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Thanks to the Fed's actions last week, Morgan Stanley (MS) has averted an emergency sale to Wachovia (WB), received permission to become a bank holding company, and has sold a minority stake to Japan's Mitsubishi. The company is going to try to remain independent, for now anyway. With the competit
... Read more at http://feeds.feedburner.com/~r/PeridotCapitalist/~3/399768652/morgan-stanley-becomes-bank-gets.html

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