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By Jeremy Glaser | 10-04-2011 04:12 PM  It's Not 2008 for Morgan
Stanley  Despite swirling rumors, Morgan Stanley is in a much
stronger position today than the firms that went under during
the financial crisis.  Jeremy Glaser: For Morningstar, I'm
Jeremy Glaser. Credit spreads on Morgan Stanley's debt have been
blowing out recently. I'm here today with Jim Leonard, a
securities analyst at Morningstar, to see what investors are
concerned about and if people should actually be concerned.
Jim, thanks for joining me.  Jim Leonard: Thank you for having
me.  Glaser: So, let's talk about Morgan Stanley debt right now.
We're seeing the credit spreads compared with Treasuries just
getting wider and wider and wider. Why are people concerned
about the health of the bank?  Leonard: Well, a lot of what is
going on with Morgan Stanley is sort of rumor-based, and this
sort of fear that this is somethin