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The original financial supermarket is dead. Citigroup signaled the end of a decade-long experiment to create one-stop shopping for financial services _ everything from consumer loans to investment banking _ with Tuesday’s announcement that it was merging
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Max Blumental reports on The Daily Beast that Sarah Palin may have quit her job today because she was trying to avert a major, yet-to-be-disclosed corruption scandal....
made popular 15 min ago
The crown of the famed New York Statue of Liberty will reopen tomorrow for the first time since September 11th, 2001, and what better day than the celebration of...
made popular 39 min ago
American nuns could be said to have their habits in a twist in the face of two investigations by the Vatican into whether they have come to espouse lifestyles and views...
made popular 1 hr. ago
The Jackson family has decided to hold a memorial for their late son at Los Angeles’ Staple Center. Jackson died last week from what was probably a strong...
made popular 1 hr. ago
Alaska Governor and former Republican 2008 vice-president nominee Sarah Palin has decided to resign from her governorship.
The resignation will come at the end of the...
made popular 4 hr. ago
A Philadelphia man’s accused of using Tarot cards and mysticism to lure three teenage girls into having sex with him.
“He was reading my cards and told me...
made popular 19 hr. ago
Brad Pitt surely deserves to be there in the green celebs’ list. Well, you may or may not agree to it. Still his foundation, Make It Right, makes him proud in...
made popular 21 hr. ago
While the onslaught of miserable June weather played havoc with people’s plans and psyches, it has also provided a quiet benefit to many city neighborhoods. Fatal and...
made popular 22 hr. ago
Amidst the fireworks, the beer and the cookouts associated with the celebration of the 4th of July Independence holiday, it is common to forget why the founders of the...
made popular Jul 3 2009
Despite about two trillion dollars pumped into banks and the general economy from the government, the United States’ economy continues to shed jobs.
The U.S....
made popular Jul 3 2009
Gavin Newsom, the mayor of San Francisco, has an emergency button under his desk that was installed 30 years ago after former City Supervisor Dan White entered City...
made popular Jul 3 2009
The King of Pop still had it.
In defiance of all the critics who called him Wacko Jacko and a has-been, Michael Jackson still put on a show that eluded most artists....
made popular Jul 3 2009
California, one of the world’s largest economies, has reached the brink. It is a sad day for America for California always promised the “Golden Road”...
made popular Jul 3 2009
President Obama promised a break from the old Washington ways of permanent campaigning and a president unaccountable to the people. Put aside the lack of...
made popular Jul 3 2009
With respect to Gov. Mark Sanford, it’s probably always a mistake for a Puritan to visit Latin America. A handsome cardiologist’s son, he married money,...
made popular Jul 2 2009
It has long been known that Michael Jackson had an inconsiderate stage-dad. Joe Jackson reportedly pushed his son excessively as a young star.
Jackson has long stated...
made popular Jul 2 2009
For the first time since 1968, a party will command a filibuster proof majority in the Senate.
After several months of recounts and court battles, Democratic...
made popular Jul 2 2009
Michael Jackson was so distraught over persistent insomnia in recent months that he pleaded for a powerful sedative despite warnings it could be harmful, says a...
made popular Jul 1 2009
Dreaming of a house that is remarkably awesome? Designed by Touzet studio, the amazing North Bay Road Residence located in Miami Beach, Florida is one such example. The...
made popular Jul 1 2009
As Iran stumbles deeper into political crisis, with scores of protestors murdered and likely more deaths coming after Ayatollah Ahmad Khatami declared them...
made popular Jul 1 2009
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AP, Purchase
There was no drama at Morgan Stanley’s annual meeting.
made popular Apr 29 2009
AP, Hong Kong
Asian stock markets advanced Thursday, but trade was cautious amid gnawing worries about banks after Morgan Stanley reported worse-than-expected results. European...
made popular Apr 23 2009
AP, Hong Kong
Asian stock markets were mostly higher in cautious trade Thursday, with gains limited by gnawing worries about banks after Morgan Stanley reported worse-than-expected...
made popular Apr 23 2009
AP, New York
Morgan Stanley says it lost $578 million, after paying preferred dividends, in the first quarter, hurt by the deteriorating commercial real estate market.
made popular Apr 22 2009
AP, New York
Morgan Stanley said Wednesday it would eliminate events for entertaining clients that had been scheduled to run in conjunction with a professional golf tournament it...
made popular Feb 25 2009
AP, New York
A former Morgan Stanley vice president has been arrested on charges of embezzling more than $2.5 million from the investment bank.
made popular Feb 17 2009
AP, Des Moines
Morgan Stanley said Wednesday it has fired an employee based in China for an apparent violation of the Foreign Corrupt Practices Act, under which it a crime to bribe...
made popular Feb 11 2009
AP, New York
Citigroup’s CEO Vikram Pandit said Wednesday that the company is going through a “long-term transformation,” a day after the embattled bank sold...
made popular Jan 14 2009
AP, New York
Citigroup Inc. and Morgan Stanley are combining their brokerages in a deal that shows how much Citigroup wants to slim down and build up cash.
made popular Jan 13 2009
AP, New York
Citigroup Inc. is confirming it is talking with Morgan Stanley about combining their brokerages.
made popular Jan 13 2009
AP, New York
Officials at the embattled banks Citigroup and Morgan Stanley will negotiate over the weekend about possibly combining their wealth management businesses, a deal mostly...
made popular Jan 10 2009
AP, New York
Morgan Stanley says it lost $2.37 billion during its fiscal fourth quarter as it takes a range of losses on assets amid one of the roughest quarters for investment...
made popular Dec 17 2008
AP, New York
The chief executives of Morgan Stanley and Merrill Lynch & Co. are going without bonuses for a year that has seen Wall Street ravaged by staggering losses, mass...
made popular Dec 9 2008
AP, New York
Wall Street bonuses are up for debate this month, with the boards of Merrill Lynch & Co. and Morgan Stanley weighing how much to pay their top leaders amid a...
made popular Dec 8 2008
AP, New York
Morgan Stanley on Wednesday outlined plans to cut 10 percent of staff in its biggest business, which covers everything from investment banking to stock trading.
made popular Nov 12 2008
AP, Tokyo
Mitsubishi UFJ Financial Group Inc. said Monday it will raise up to 990 billion yen ($10.6 billion) by issuing new shares over the next year, shoring up its balance...
made popular Oct 27 2008
AP, New York
Morgan Stanley averted disaster with a $9 billion lifeline from a major Japanese bank, and on Monday declared it will use that money to pick off smaller rivals.
made popular Oct 13 2008
AP, New York
Morgan Stanley got a much-needed cash infusion on Monday, raising $9 billion by selling preferred shares to the Japanese bank Mitsubishi UFJ Financial Group Inc. Morgan...
made popular Oct 13 2008
AP, New York
Morgan Stanley says Mitsubishi UFJ Financial Group has completed its $9 billion investment in the firm, giving it a much-needed capital infusion.
made popular Oct 13 2008
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