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Wall Street Rakes in $1B in Fees on AIG Breakup

Morgan Stanley set to pocket $250M in 'advisory services'

By Jason Farago, Newser Staff

Posted Aug 6, 2009 7:18 AM CDT

(Newser) – The crumbling of AIG forced taxpayers to take on 80% of the company, but breaking the insurance giant up is turning out to be a bonanza for lawyers and banks. The Wall Street Journal calculates that firms will pull in $1 billion in fees from... Read full story »

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Wall Street Rakes in $1B in Fees on AIG Breakup

Morgan Stanley set to pocket $250M in 'advisory services'

insurance companies • Bank of America • Goldman Sachs • Morgan Stanley • IPO • AIG • fees • financial crisis • Wall Street bailout

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US Banks Hiring Again After Layoffs, Bailouts

But headhunting 'selective,' notes banker

Brain Drain Wallops Wall Street

It's not just the firings: others are leaving for safer jobs

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