Changing landscape sees Morgan Stanley, Goldman Sachs shift gears

10/2/2008 | Wall Street Journal, The

Morgan Stanley and Goldman Sachs have pushed for increased regulations that are contrary to the free-market concept, rewritten their corporate charters and diluted shareholders -- moves they wouldn't have considered a short time ago. As details of the broader picture emerged, it became clear that drastic measures were needed.

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Wall Street Journal, The

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