The Minnesota Independent

Monday, February 13th, 2012

Morgan Stanley - Latest Stories

Tim Pawlenty in a recent campaign video

Pawlenty’s ties to Morgan Stanley execs scrutinized

By Andy Birkey | 06.08.11 | 11:00 am

Former Gov. Tim Pawlenty’s presidential campaign and political action committee has benefited from a large amount of money from top executives of Morgan Stanley, a global financial services corporation which has been implicated in the financial and mortgage meltdown that brought about the Great Recession. A report by the Center for Public Integrity released this week scrutinized Pawlenty’s ties to top executives at the company, finding that he’s raised more than $800,000 in the last month with their help.

Underneath the economic rubble: SEC exemptions led to the current crisis

By Molly Priesmeyer | 09.18.08 | 2:54 pm

The always interesting Big Picture blog has culled together quotes and analysis from today’s NY Sun and other sources documenting Lee Pickard, the former director of the Securities and Exchange Commission’s trading and markets division, admitting that the current stock market tumble and credit crisis can be directly attributed to a purposeful SEC exemption that was given to five firms. Those five firms? Goldman Sachs, Morgan Stanley, and the now-belly-up Lehman Bros., Merrill Lynch, and Bear Stearns.