Last year , while competitors like Lehman Brothers and Goldman Sachs had stellar years trading bonds , Morgan Stanley 's fixed-income division -- presided over by Zoe Cruz , now a co-president at the firm -- reported weaker results because of a bad bet on interest rates .
Zoe Cruz /business/person/company Morgan Stanley
JJ NN , IN NNS IN NNP NNPS CC NNP NNP VBD JJ NNS VBG NNS , NNP NNP POS NN NN : VBD RP IN NNP NNP , RB DT NN IN DT NN : VBD JJR NNS IN IN DT JJ NN IN NN NNS .
Zoe Cruz
PERSON
Morgan Stanley
PERSON
/business/person/company