Those Pesky Derivatives Strike Again

Morgan Stanley

Morgan Stanley's office in Times Square (Photo credit: Wikipedia) During the 2008 economic crisis, terms like CDOs, credit default swaps, and other derivatives once confined to the vernacular of the financial industry became household terms as analysts tried to explain the fading fortunes of the global economy. Eventually, these obscure yet omnipresent [...]

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Topics:  banks   derivatives   fraud   morgan stanley   scandal   utilities   
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