Morgan Stanley Peddled Security Its Own Employee Called ‘Nuclear Holocaust’

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An Explosive Charge
By Jesse Eisinger Pro Publica
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A new lawsuit suggests employees at Morgan Stanley understood the housing market was in trouble and exploited that knowledge to bet against securities and unload garbage investments on the unsuspecting.

The bank denies wrongdoing.

Bank

Link: Explosive Charge: Morgan Stanley Peddled Security Its Own Employee Called ‘Nuclear Holocaust’

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2 Responses

  1. Wall Street

    It figures …

    Dane

    Like

  2. More on Morgan Stanley

    Morgan Stanley Doesn’t Even Want To Look At A Vanguard Fund:

    http://dealbreaker.com/2017/05/morgan-stanley-doesnt-even-want-to-look-at-a-vanguard-fund/?show=comments#comments

    Dane

    Like

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