Taiwanese Bank Sues Morgan Stanley for Creating Instruments, Selling Them and Then Betting Against the CDOs.

Morgan Stanley employees working on one of the toxic assets that helped blow up the world economy discussed what to name it. Among the team members’ suggestions: “Subprime Meltdown,” “Hitman,” “Nuclear Holocaust,” “Mike Tyson’s Punchout,” and the simple-yet-direct: Shitbag. Article

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