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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: Jim McMannis who wrote (126541)6/2/2008 5:28:39 PM
From: Peter VRead Replies (1) of 306849
 
>>> Morgan Stanley, the second-biggest U.S. securities firm by market value, was lowered to A+ from AA- <<<

That's a huge ratings cut, way more than the MER and LEH cuts from A+ to A, yet MS down less than 3 percent, same as MER, while LEH took an 8 percent dump. I guess the LEH rumors are still lingering.

Interesting trade at EOD, looks like over 3 million shares went through in the last minute. Anybody have the details? I tried the SI trade data, but it's too far back.
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