Morgan Stanley (NYSE:MS) reports tomorrow. Unlike its peers Goldman Sachs (NYSE:GS) and JPMorgan...

Jul. 21, 2009 9:45 AM ETMorgan Stanley (MS)JPM, GS, MSBy: Eli Hoffmann, SA News Editor

Morgan Stanley (NYSE:MS) reports tomorrow. Unlike its peers Goldman Sachs (NYSE:GS) and JPMorgan (NYSE:JPM), who wowed Wall Street with blowout earnings, it's expected to post a quarterly net loss of over $500M. The culprit: bad real-estate bets.

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