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October 7, 2008 – The Federal Reserve said late on Monday that it approved Mitsubishi UFJ Financial Group's purchase of as much as 24.9% of Morgan Stanley.
Few topics these days generate as robust a debate as the state of our healthcare system. Indeed, one of the best indictors of the importance of healthcare in this country can be seen and heard on a daily basis, as the presumptive US Presidential nominees spar over various issues impacting the industry. So, what better time to gather a host of industry experts and discuss one of the most important issues facing our country?
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Managing Director
Firm: Morgan Joseph
In the news: Wall Street's New Geography
A large number of commercial banks failed in the late 1980s as borrowers caught in regional downturns couldn't repay debts. The chaos in financial services now, though, represents an opportunity to invest in what Manuel Mehos, chairman of Green Bancorp, believes will be a 'golden age in banking.' He may not be alone in his thinking. US commercial banks offering traditional checking and savings accounts, small business credit lines and plain vanilla investment products like certificates of deposit may attract much broader private equity fund interest than in years past.
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