Analysis: How Morgan Stanley sank to junk pricing

Posted on 01. Jun, 2012 by Collections Recon in World News

(Reuters) – The bond markets are treating Morgan Stanley like a junk-rated company, and the investment bank’s higher borrowing costs could already be putting it at a disadvantage even before an expected ratings downgrade this month.

Analysis: How Morgan Stanley sank to junk pricing – Originally posted June 1, 2012