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Morgan Stanley Dean Witter & Company

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Top Morgan Stanley Dean Witter & Company Articles see all

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  • Banking needs to be boring again

    It's looking like arrests are imminent in the LIBOR scandal, with U.S. and European investigators closing in on more than a dozen traders. For at least four years -- from 2005 to 2009 -- Barclays Bank, among, apparently, many others, intentionally manipulated the interest rate benchmark LIBOR (the London Interbank Offered Rate), to which trillions of dollars of financial instruments, including mortgages, credit card rates and small business loans, are pegged. In the last week of June, Barclays reached an agreement with British and American regulators to pay a $450 million fine, and three top officials of the bank, including CEO Robert Diamond, resigned.
  • Money-smart kids: Financial boot camp for girls

    I recently caught up with a group of teenage girls who had given up a week of summer vacation to learn about budgeting, credit and investing at a financial boot camp sponsored by the Financial Literacy Organization for Women and Girls, or FLOW, in...

    Interview: Chicago native Aimee Garcia eager for every 'Dexter' script

    Interview: Chicago native Aimee Garcia eager for every 'Dexter' script
    Aimee Garcia gets nervous every time she is handed a script on the Showtime serial killer drama “Dexter.” Why? Because she never knows if it will be her last. The Fenwick High School alum — who plays Jamie Batista, nanny to Dexter&...

    Milken conference panel: Immigration reform would boost economy

    Milken conference panel: Immigration reform would boost economy
    Providing legal status to the country's estimated 11 million illegal immigrants would boost the U.S. economy and eradicate underground economies in cities such as Los Angeles, a panel of researchers, elected officials and a business tycoon said Monday. ...

    Initial jobless claims drop sharply to 334,000, near five-year low

    Initial jobless claims drop sharply to 334,000, near five-year low
    WASHINGTON -- Initial jobless claims dropped sharply last week to 334,000, close to a five-year low, the Labor Department said Thursday. The number of people filing for first-time unemployment benefits was down 24,000 from the previous week's revised...