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Goldman Lands a Killer Whale of a Deal

By Matt Koppenheffer and David Hanson - Apr 9, 2013 at 3:15PM

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Goldman bags a whale of a deal. But where was Morgan Stanley, asleep at the switch?

From a fees perspective, Morgan Stanley (MS -0.43%) was the No. 2 bank in terms of equity underwriting in 2012. But now, with The Blackstone Group (BX) taking Sea World public, Goldman Sachs (GS -0.84%) is the lead book runner on the deal, which includes a whole slew of the biggest names in investment banking. But which name isn't on that list? Why, Morgan Stanley.

Should investors be concerned that this bank's reputation is slipping away? Motley Fool financial analysts Matt Koppenheffer and David Hanson give investors some perspective on how to interpret this fishy new deal. 

 

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Stocks Mentioned

The Goldman Sachs Group, Inc. Stock Quote
The Goldman Sachs Group, Inc.
GS
$313.95 (-0.84%) $-2.66
Bank of America Corporation Stock Quote
Bank of America Corporation
BAC
$35.65 (-0.61%) $0.22
JPMorgan Chase & Co. Stock Quote
JPMorgan Chase & Co.
JPM
$126.36 (1.41%) $1.76
Morgan Stanley Stock Quote
Morgan Stanley
MS
$81.96 (-0.43%) $0.35
The Blackstone Group L.P. Stock Quote
The Blackstone Group L.P.
BX

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