Morgan Stanley's Taste for Commercial Real Estate

By Conor Clarke

I was surprised to see Morgan Stanley on Marc's list of banks that need to raise capital. But this nice little chart from the full stress-test results -- one of the many "adverse scenario" doomsday projections -- helped put that in perspective:




morgan stanley.png

This article available online at:

http://www.theatlantic.com/politics/archive/2009/05/morgan-stanleys-taste-for-commercial-real-estate/17286/