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• Are hedge funds cruisin' for a bruisin'?

  Posted Aug 18 2008, 06:57 PM by Matt Koppenheffer
  Filed under: Investment Banking, Morgan Stanley, Lehman Bros, CAPS, JPMorgan
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  We've seen a lot of wild things in the stock market over the past few years. Homebuilders have completely crashed and burned, banks and other financial companies are treading water at best, retail stocks have been punished, and the dollar has been in freefall. And all this while commodities from gold to wheat to oil have been skyrocketing.
  
  But it may get just a bit wilder now that whole scenario has been flipped on its head. Financials have had fitful rallies, the dollar is showing some definite life, and oil has been sliding. While this could lead to a number of different outcomes, on The Motley Fool's CAPS service CAPS blogger RVAspeculator thinks that this turn of events is delivering a sucker punch to some hedge funds and Wall Street trading desks.   Read More...

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• Morgan Stanley plays ball like a girl!

  Posted Jun 18 2008, 11:19 PM by Matt Koppenheffer
  Filed under: Morgan Stanley, CAPS
  Rating:

  With the exception of that crafty Goldman Sachs, I've come to expect lousy results from the investment banks. Leveraged loans along with housing related debt and structured products on the books are getting slapped around while investment banking results have been hurting due to a huge drop-off in capital raising.
  
  Even with the expectation of a lackluster report from Morgan Stanley, though, the results were still startlingly bad. Revenue was down around 40% and net income dropped 57% -- despite $1.4 billion in pretax gains from the sale of its Spanish money management business and a secondary offering for MSCI.   Read More...

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