From the Journal: Attitudes may be a bigger issue than collateral when it
comes to how Morgan Stanley would fare in the face of credit-rating downgrades.
Morgan disclosed in its first-quarter securities filing that
it would have to post nearly $10 billion in additional collateral to
counterparties and exchanges should it suffer a multinotch downgrade by more
than one rating company. That was up from an estimate of $6.5 billion at the
end of last year…..
Find out more at http://online.wsj.com/article/SB10001424052702303630404577392192467590680.html
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