"Two bums fighting over a cigarette butt," writes David Weidner of the recently-settled Morgan...

|About: Morgan Stanley (MS)|By:, SA News Editor

"Two bums fighting over a cigarette butt," writes David Weidner of the recently-settled Morgan Stanley (MS)/Citigroup (C) tussle over Smith Barney. Performing the obligatory who won, who lost analysis, Weidner says Citi probably got the short end, but given sluggish participation in equity markets (not to mention MS's particular issues), it's possible Morgan overpaid.