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The Facebook offering, as everyone in the world knows, including the checkout gal at my local Duane Reade, is a nightmare. It a nightmare for Facebook, a truly bruising headache for Morgan Stanley, who led the syndicate, and, natch, a giant bo...
So, now the federal gub’ment wants to criminalize risk. Yup, apparently, the Justice Department is investigating JP Morgan Chase (Ticker: JPM) for its “whale” trade. (Some whale; it represents about 1% or more of its capital.)
Here is...
Morgan Stanley clients had been clamoring for shares ever since the IPO was announced, but it was, until now, unclear who would be eligible to get them.
