3. Which business contributed the most excluding accounting adjustment? While Morgan Stanley is suffering from a conflicting shared leadership between Colm Kelleher and Paul Taubman, how do you predict the future strategy of the company?
4. What’s Morgan Stanley’s exposure to European counties at the end of the 3rd quarter? What are the exposures of other big bank to the distressed countries (list at least 4 banks which just reported their 3rd quarter performance)?