Word: morganized
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...second set of mutual fund trades--those by Millennium Partners, a $4 billion hedge fund run by storied Wall Street investor Israel Englander. And Spitzer wasn't the only cop on the Wall Street beat. The NASD, a securities-industry regulator, had settled a separate case with Morgan Stanley, which it charged with offering brokers improper incentives to push in-house funds that might not be best for its clients...
...Morgan R. Grice is an editorial editor...
After holding the top job in Singapore for J.P. Morgan Chase, Wong, 43, was snatched up in February by DBS Group Holdings, parent of Singapore's largest bank. As chief administrative officer, she wasted no time in designing new structures for how the bank handles everything from diversifying loan-portfolio risk to recruiting employees. In October, Wong moved up to CFO. Her charge: to add greater sophistication to the way DBS manages its capital and help the company further expand into Asian countries such as China, India, Thailand and Indonesia...
...events as the birth of a child or a job promotion. The next objective is to be able to identify an individual's "velocity component"--whether he is moving up or down the socioeconomic ladder and how fast. "This may be the holy grail of consumer information," says Charles Morgan, Axciom's CEO. "If you can figure out whether someone is on the up-and-up, then you can devote more money marketing to him than to someone going the other...
...away from noneconomically sensitive companies. You would rather own a Viacom than Procter & Gamble. P&G is a great company, but as the economy starts to get better, you would rather have something that has some economic sensitivity to it. You would rather own a Merrill Lynch or a Morgan Stanley than you would a bank. Over the intermediate term, I like media stocks, like Viacom and Clear Channel, Univision. In retail, I like Target and Best Buy. Wal-Mart will be O.K. I like Citigroup...