Wikinvest Wire

Wednesday, April 27, 2005

What Happened to Morgan Stanley

Remember a couple of weeks ago when the infighting at Morgan Stanley was such an important story? At the time I wondered why it was so important, on TV, and questioned the value of the news to me or my clients.

Now the big thing is the NYSE/AX. While interesting I'm not sure how important this is to me or my clients.

If a bigger story comes along, like maybe a deathblow to AIG, will that be the end of the NYSE/AX coverage? I don't know the answer but I would not get too wrapped up in this story it has more relevance for traders than investors.

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