We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

No fairy tale

2 June 2009 By Antony Currie

Requiring strong banks like JPMorgan to prove they can sell equity is odd enough. Now the Fed is telling Morgan Stanley to raise $2.2bn just weeks after it sold more than double what it needed to comply with stress tests. The Fed s Tarp policy contradictions are piling up.

This content is for Subscribers only

 

Email a friend

Please complete the form below.

Required fields *

*
*
*

(Separate multiple email addresses with commas)