twomp
12-18-2012, 03:40 AM
How's this for reminding Wall Street banks of how little they have to fear from government?
Massachusetts Secretary of the Commonwealth William Galvin today fined Morgan Stanley $5 million "for the improper influence by their investment bankers over research analysts prior to the initial public offering of Facebook.''
http://www.bloomberg.com/news/2012-12-17/dr-evil-would-love-morgan-stanley-facebook-settlement.html
Massachusetts Secretary of the Commonwealth William Galvin today fined Morgan Stanley $5 million "for the improper influence by their investment bankers over research analysts prior to the initial public offering of Facebook.''
http://www.bloomberg.com/news/2012-12-17/dr-evil-would-love-morgan-stanley-facebook-settlement.html