Friday, September 15, 2006

WALL STREET JOURNAL - Latest News - Morgan Reshuffles Managers at Banking Unit



Morgan Stanley reshuffled its investment-banking lineup, elevating the heads of four industry groups at the Wall Street firm.



Reshaping GE, Immelt Sells Unit
GE agreed to sell its silicone and quartz business for $3.4 billion to Apollo and is weighing the future of its plastics division.



Ney Is Expected to Plead Guilty in Probe
Republican Rep. Bob Ney is expected to plead guilty to at least one criminal charge in an election-year congressional corruption investigation, Republican officials said.


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