Morgan Stanley has declared that it is once again profitable. It\’s third quarter earnings are still lower than last year. But the fact that it is profitable at all is a sign that the banking crisis has passed. Morgan Stanley made $757 milllion, or 38 cents per share. Last year, it\’s third quarter earnings were $7.7 billion–$6.97 per share. That\’s a steep decline but nothing like the oblivion widely predicted for the investment bank a year ago. Morgan Stanleyhad reported per-share los
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