Themove would Vince Gill further dismantle the financial

Themove would explains further dismantle amy grant gill recounts the financial supermarket that wasperforming poorly even before the credit crunch. Under the plan being discussed, Morgan Stanley would own 51percent of the joint venture and Citigroup would own the rest.Citigroup would cede operational and strategic control of theretail brokerage business to Morgan Stanley. Following, are some facts about the brokerage businesses ofCitigroup and Morgan Stanley: * Smith Barney's roots go back to Philadelphia, wherebroker Charles Barney founded his firm in 1873 and investmentbanker Edward Smith started his in 1892 In 1938, the firmsmerged, forming Smith Barney. * In 1987, Smith Barney was acquired by financial servicescorporation Primerica, and six years later it became asubsidiary of Travelers Group, formed after the acquisition ofThe Travelers by Primerica.

* In 1998, Sanford "Sandy" Weill's Travelers Group boughtU.S . bank Citicorp to create Citigroup, the world's largestfinancial services conglomerate brooks & dunn . Smith Barney became a divisionof Citigroup Global Markets Inc country music . The deal would be the lateststep in dismantling Weill's original conception for Citigroup country music concert . * Morgan Stanley was created in 1935, when Henry Morgan andHarold Stanley left J.P.Morgan & Co to form the investment bankMorgan Stanley. Forty-two years later, the company entered theretail stock brokerage business as it merged with Shuman, Agnew& Co, a West Coast brokerage * Smith Barney ended September with 14,735 brokers.

It has7.5 million client accounts, and $900 billion in client assets.Morgan Stanley ended November with 8,426 brokers, and $546billion in client assets * The combined entity would become the U.S . largestbrokerage by number of financial advisers, prior to anyattrition, surpassing Bank of America Corp (BAC.N) and WellsFargo & Co (WFC.N) country music listen . (Reporting by Juan Lagorio and Jonathan Stempel, editing byBernard Orr) Stocks  |  Funds News  |  ETFs News Stocks Funds News ETFs News country music news . WASHINGTON (Reuters) - The U.S country music online . Treasury Department is preparing to seek the final allotment of a $700 billion financial market stabilization fund, the Washington Post reported on Friday.

Barack ObamaThe transition team of President-elect Barack Obama is helping coordinate the request that will unlock about $350 billion in federal money to stabilize financial markets, the newspaper reports.A Treasury request is needed to release the second half of the funds that were part of sweeping plan to calm markets.While many lawmakers have criticized the Bush administration's use of the first allotment of funds, Democrats who control Capitol Hill are working closely with the Obama team to agree programs for the second half of the funds.(Reporting by Patrick Rucker; editing by Gary Crosse) Barack Obama . HOUSTON, TX, Jan 09 (MARKET WIRE) -- Kayne Anderson Energy Total Return Fund, Inc country music videos . (the "Fund") (NYSE: KYE)announced today that it intends to satisfy the provisions under theFund's Dividend Reinvestment Plan by purchasing shares of common stock onthe open market at prevailing prices, plus applicable brokeragecommissions george strait . The Fund is purchasing shares of common stock on the openmarket because the Fund's net asset value per share on January 8, 2009was $14.08 per share, which was in excess of the closing market price ofthe Fund's common stock of $14.00 per share on such date.The Fund is a non-diversified, closed-end management investment companyregistered under the Investment Company Act of 1940 whose common stock istraded on the NYSE .