![]()
- China Signals It May Let Currency Rise Against Dollar
- Commercial Real Estate Near Disaster: Fund Manager
- This Town Will Pay YOU $10,000 to Buy a House
- Bear Stearns Fund Manager—Before His Day in Court
- Commentary: Falling Far Short of Health Care Reform
- Treasury Report Says $209 Billion Left in TARP Funds

- AIG CEO Ready to Quit over Pay Constraints: Report
- Dodd: Financial Reform Bill Is Open for 'Discussion'
- Pay Caps Make it Hard for GM to Hire Execs: Whitacre
- Bear Stearns Fund Manager - Before His Day in Court
- Opposing Views on Coca-Cola Price Target
- How To Play China's 'Amazing' Run: Analysts
- Could Going Solo Ruin Your Career?
- Commercial Real Estate Best Place For Money: Strategist
- Schork Oil Outlook: Nat Gas Bulls Didn’t Stand A Chance
- Enterprise Tech Companies to Focus On: Portfolio Manager
- Agassi Book Buzz Paying Off Early
- Cadillac Converj Smart Extension of Volt
MOST SHARED
- China Signals That It May Allow Currency to Rise Against Dollar
- Short Sales Stall
- Retailers Brace for Black Friday With Steps to Control Crowds
- Website Launches That Gives Free Access to Concerts
- Unemployment May Cause Loan Defaults in US: Zoellick
- UPS Sees 2010 Volume Growth, Higher Rates
- The Lloyd's Prayer
- Housing in Focus
- Wal-Mart: Buy a BlackBerry, Get a $100 Gift Card
![]() |
Rebecca Darst of Interactive Brokers thinks that might well be the case.
"We're gearing up for a lot of activity in the brokerage space ahead of next week," Darst explained. "We've got the Fed meeting next week, we've got brokerage earnings out next week."
And, she says, there's a big fight shaping up at Morgan Stanley.
"An activist investment group, CTW Investment Group, which represents union members with $1.4 trillion in assets, has begun lobbying shareholders, urging them to vote down John Mack as the chairman of the board of Morgan Stanley at the next shareholder meeting on April 8," she said.
Darst sees this scenario playing out differently in the options space than earlier CEO crises at Citigroup [C
Loading...
()
] and Merrill Lynch [MER
Loading...
()
] did.
"What we would see in the options market would be interest in call buying," she said. "We're not seeing that at Morgan Stanley."
She also had observations about consistent activity in Bear Stearns [BSC
Loading...
()
]. "And incredible amount of speculative downside trading," she noted.
Darst also noted that an ETF, US Oil Fund [USO
Loading...
()
], had been seeing activity as well.
- Bernard and Ruth Madoff's personal possessions will be auctioned this weekend. Click ahead to see.
- How the Lord’s Prayer would read if Goldman Sachs’ Lloyd Blankfein were substituted for you-know-who.
- If you are lucky enough to have money and the time, this is a great time to see America, says CNBC's Jane Wells.
- The real result of health care reform will be bloated government and higher deficits, says Larry Kudlow.
- The opening of a virtual pet store in “World of Warcraft” could prove a cash bonanza for Activision-Blizzard.
- Vote and suggest your own, and remember--there's a fine line between a hero and a zero.












