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(Forbes)   Morgan Stanley got off easy. Was it good for you, too?   (forbes.com) divider line 5
    More: Followup, Morgan Stanley  
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568 clicks; posted to Business » on 19 Dec 2012 at 8:04 PM (1 year ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



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2012-12-19 08:13:43 PM
"The $5 million paid by Morgan Stanley is a slim portion of the $176 million in fees Facebook paid the banks that underwrote its May offering. While that money was split among more than 30 firms, Morgan Stanley reportedly received as much as $68 million for its part in running the offering."


As long as these fines remain miniscule in comparison to the profit these frauds reap, nothing will change.
 
2012-12-19 08:22:55 PM
$5 million to Morgan Stanley? That's like the 'leave a penny take a penny' dish to us.

How many small investors lost a significant chunk of their savings in Facebook?
 
2012-12-20 01:25:26 AM

Snapper Carr: "The $5 million paid by Morgan Stanley is a slim portion of the $176 million in fees Facebook paid the banks that underwrote its May offering. While that money was split among more than 30 firms, Morgan Stanley reportedly received as much as $68 million for its part in running the offering."


As long as these fines remain miniscule in comparison to the profit these frauds reap, nothing will change.


this this and more this
10x the fess that they made would be a start
and would probably fix the problem
LOL
 
2012-12-20 10:12:29 AM
Man, I can't even keep all of this bullshiat straight. What's Morgan Stanley paying for this time? Facebook's IPO?

Does anybody have a run down of all of the SEC enforcement actions taken in, say, the last two years? I looked a few up for a post yesterday - MF Global, UBS, HSBC, PricewaterhouseCoopers, Goldman Sachs, Bank of America, TheStreet.com, and now Morgan Stanley are all that I can remember, but I can't remember what the various malfeasances actually were.
 
2012-12-21 08:11:33 AM
Morgan Stanely and Goldman Sach owns Obama, Congress and the Courts. Look at Tim Geithner's pedigree. There will never be justice for those.
 
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