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Wall Street Facing More Investigations?

Wednesday, 12 May 2010 | 5:30 AM ET

Reports of a justice department investigation into Morgan Stanley will not help perceptions of Wall Street and it may not be the last one to arise, Erik Strid from Strid Wealth Management Group told CNBC Wednesday. Although a second financial crisis is possible, Julian Pendock from Senhouse Capital said Asian banks have been increasing in value and growth.