Financial stocks have generally risen modestly today. The sole exception seems to be Morgan Stanley. Shares traded as low as $8.70 this morning, but recovered somewhat and are down about 25% at last check. Shares fell 26% yesterday. The stock hasn't been under $9 since April 26, 1995.
Updated at 11:58:
MS is trading at $7.48, down 4.97 (-40%). It's possible that Goldman Sachs will be the last man standing. GS never loses, especially with their man Paulson calling the shots.
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