Word: morganized
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...always kind of like being the underdog,” captain Morgan Brown said. “This is a little bit of a validation, but you still have to go out and prove you’re number...
...Male-oriented business entertainment is hardly unusual, even if it isn?t always expensed. Morgan Stanley fired four employees last year after learning that they - on their own dime -had taken a client to Skin, a Phoenix strip club. Rick?s Cabaret, a publicly traded operator of upscale topless bars, estimates that 40% of its $24 million in revenue last year came from businessmen and their clients. ?This is what the clients want,? says CEO Eric Langan. ?A lot of deals get closed in strip clubs...
...unforeseen problems. Jacob A. Frenkel, a former governor of the Bank of Israel who is vice chairman of insurer American International Group, is concerned about increased calls for protectionism, including by U.S. Senator Charles Schumer. Most worried of all is Stephen S. Roach, chief economist at U.S. investment bank Morgan Stanley who for several years has warned that the U.S.'s borrowing and consumption binge will come to a bad end, including a likely fall in the value of the dollar. The problems haven't gone away even if the dollar remains buoyant, he said, warning of a "dangerous degree...
...true irony facing Green is that his legacy may very well depend on getting the bank back to where it started. Although HSBC's pretax profits from emerging markets jumped 45% in the first half of 2005, according to Morgan Stanley, some bank analysts believe that Green will have to make even more major acquisitions to keep up that pace, especially in Asia. "It is a critical part of the potential growth," says Smith, HSBC's Asia CEO. "It is very important that we get it right." If HSBC does, its future may well be as storied--and profitable...
...popular student hangout. But some students say they still generally feel safe on campus. “It can be dangerous around the campus, but unless you’re walking around at 4 a.m. or a ridiculous hour, I feel pretty safe,” said Philip Morgan, a freshman at the university’s Wharton business school. Audrey Pahmer, another freshman at Wharton, said she felt safe as long as she remained with other students. “There are many security guards out especially at night,” she said...