Archives for: Morgan Stanley
Wall Streets Latest Dirty Little Secret – The Fix Is In
by Mitch Feierstein about 8 years 3 months ago
At yet another select committee recently – they’ve been doing a good job – Vince Cable was grilled about the huge leap in the Royal Mail’s stock market value. As you’ll remember, the firm was floated at 330p a share and traded as high as 600p in November, a rise of 82% in a few […]
Has nothing changed? Why the Facebook IPO proves you can never trust a bank
by Mitch Feierstein about 11 years 4 months ago
About four weeks ago, I wrote on my blog that Facebook was heading for a ridiculous valuation when it was launched on the stockmarket. That wasn’t because I think it’s a bad company – pretty clearly a company that makes a billion dollars in profits after only a few years of life is a remarkable […]