Morgan Stanley Role Over 2008 Crisis Weekend QuestionedMark Melin
In the 2008 financial crisis, Morgan Stanley (NYSE:MS) would not have been able to open its doors on Monday following the bailout weekend, according to emails sent by the New York Fed and revealed in the recent American International Group trial.
The depth and certainty of Morgan Stanley’s problems were previously unknown and point to additional pressure put on the New York Fed to develop a solution and question the popular portrait of John . . .
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