Morgan Stanley

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No Mortgage Slump Here: Morgan Stanley Soars 

Jun 20, 2007By

Morgan Stanley is the latest major Wall Street investment bank to report its earnings — and the results were literally golden in comparison to industry competitors. Morgan Stanley’s second quarter profit jumped a whopping 40 percent, with net income climbing to $2.58 billion versus $1.84 billion in the year-ago quarter. Bloomberg reports:

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