Top Wall Street Firm Is Getting Its Lunch Eaten

 On Wall Street, when you lose, you don't just lose money, you lose respect. That's why, when we talk about these losses, we say things like 'getting your lunch eaten, or getting your face ripped off.' It's degrading, especially for the big boys — big boys like Morgan Stanley, BusinessInsider says.

Reuters reports that the bank is getting creamed in the commodity trade. It's one sector where the Morgan Stanley used to dominate. Now, though, according to government figures, port intelligence, securities filings, and other sources, we know that the bank's commodities trading revenues are down 60% since their height in 2008 at which point they were at $3 billion…..

Read more: http://www.businessinsider.com/morgan-stanley-is-getting-its-lunch-eaten-in-a-sector-it-used-to-dominate-2012-6#ixzz1x7neUGF6