Morgan Stanley shares fell on a report that federal prosecutors are investigating whether the bank misled investors about mortgage-derivatives deals it helped design and sometimes bet against. The investigation intensifies Washington’s scrutiny of Wall Street in the wake of the financial crisis.
Diana Golobay was a reporter with HousingWire through mid-2010, providing wide-ranging coverage of the U.S. financial crisis. She has since moved onto other roles as a writer and editor.see full bio
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Diana Golobay was a reporter with HousingWire through mid-2010, providing wide-ranging coverage of the U.S. financial crisis. She has since moved onto other roles as a writer and editor.see full bio