Hints and tips:
...Here’s Morgan Stanley: Lower oil prices are not as unambiguously positive for the US economy as they once were....
...It is, on the contrary, a unit of value, a system of accounts and transferable credit....
...The company employs around 60,000 people in the US and recently added a new gas turbine plant in Charlotte, North Carolina....
...The narrative is as morbid and florid as the work of the poets it celebrates. 2312, by Kim Stanley Robinson, Orbit, RRP£18.99 A work of polymathic brilliance, and a marked return to form, from the author...
...The solution is to break banks into functional units, so that merger experts, marketmakers and proprietary traders no longer cohabit....
...But the troops conducting patrols, such as Sgt Gray, believe most people are still waiting to see where to place their loyalties....
...Many central bankers will be losing huge amounts of money.”...
...Goldman and rival Morgan Stanley are transforming themselves into commercial banks, a move encouraged by the US government after the autumn collapse of Lehman Brothers....
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