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Morgan Stanley headquarters building in New York's Time's Square

Morgan Stanley Getting Hit From All Sides

It's not turning out to be a good week for Morgan Stanley (NYSE: MS). Over the past few days, the bank has been embroiled in two international scandals and cut by analysts at Goldman Sachs. That follows a month that saw a major credit downgrade, participation in the fumbled IPO of Facebook Inc. and behind-the-scenes grumbling by the FDIC. The bank has lost more than one-third of its market capitalization since late March.
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Crude Oil Futures Hover Above $79 Ahead Of EU Summit

Crude oil futures slightly declined and hovered above $79 a barrel during Asian trading hours Wednesday as doubts over the ability of European leaders to address the debt crisis at a summit this week offset concerns over tightened North Sea supplies due to a strike in Norway.
An eye-catching illustration included in a report by BNP Paribas Exane explains why the Continent's leader seem unable to solve the ever-worsening eurozone crisis: in spite of being ostensibly committed to the same goals, top policy-makers disagree on the

Why Can't Europe's Leaders Figure Out How To Solve the Crisis? BNP Paribas Explains

An eye-catching illustration included in a report by BNP Paribas Exane explains why the Continent's leader seem unable to solve the ever-worsening eurozone crisis: in spite of being ostensibly committed to the same goals, top policy-makers disagree on the more aggressive policies most experts believe are needed. It's almost like they're on different planets.
Turkish President Abdullah Gul arrives at the NATO Summit in Chicago

Why Is Turkey In NATO?

NATO was first formed in April 1949 with twelve original members, two North American nations and twelve European states located either in Northern or Western Europe. Turkey entered with the first enlargement in 1952 - before even Germany.
George Soros

Europe Has Three Days, Not Three Months, to Avoid 'Fiasco': Soros

Multibillionaire financier George Soros, who is quickly becoming an éminence grise on the topic of the euro zone financial crisis, said in a televised interview Monday that the leaders of Europe had three days to resolve their disagreements on the appropriate way to move forward in anticipation of a summit Thursday.
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Greece on the Defensive

In a match rich with economic irony and rhetorical potential, the German national team defeated the Hellenic side 4-2 in the European football championships on Friday.

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