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Brokers affiliated with Morgan Stanley then formed an LLC called "Chicago Parking Meters LLC" to facilitate a potential deal with the city over the sale of the meters. [4] By December 3, 2008, a deal was made to sell all 36,000 [ 5 ] [ 6 ] of the parking meter spots in the city for 75 years for $1.15 billion.
In August 2011, "confidential documents" were leaked "detailing the positions" [273] in the oil futures market of several investment banks, including Goldman Sachs, Morgan Stanley, JPMorgan Chase, Deutsche Bank, and Barclays, just before the peak in gasoline prices in the summer of 2008. The presence of positions by investment banks on the ...
Citigroup Inc. or Citi (stylized as citi) is an American multinational investment bank and financial services company in New York City.The company was formed by the merger of Citicorp, the bank holding company for Citibank, and Travelers in 1998; Travelers was spun off from the company in 2002.
A former Morgan Stanley financial advisor has been sentenced to more than seven years in prison after admitting he ran a $7 million Ponzi scheme at the firm for more than a decade.
The broker was founded by and is indirectly 74.6% owned by and chaired by Thomas Peterffy, an early innovator in computer-assisted trading. Interactive Brokers is the largest electronic brokerage firm in the US by number of daily average revenue trades, [2] and is the largest forex broker. [3]
Stanley Chais was a wealthy investment advisor from Beverly Hills, California, who was accused of steering money to private interests, including Madoff, through Chais's Brighton Co., a limited partnership formed to manage money. He took about 3.8% of the profits as management fees.
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