Stocks are back up, and we're re-naming today Tumultuous Thursday.

The Morgan Stanley CEO reportedly proposed a merger with Citigroup, but was shot down.

Why did they release them today when they were scheduled to release them tomorrow? WHY, you ask?

According to ‘Forbes,’ at least. Plus, today’s real estate, law, media, and financial news.

The mortgage giants have seen their largest profits in ten years. Plus, who buys a friend a $3 million apartment, and who wants a truck depot in Soho?

After months of rumors, Chris Russo is off the popular sports-radio show — that and more, in of our daily industry roundup.

Analysts aren't so hot on the formerly golden bank this week. Plus, the latest on Andrew Cuomo, George Clooney, Diane Von Furstenberg, and more, in our daily industry report.

We're still not totally sure, but it sure is fun to say his name.

The actor-vist will report from eastern Congo for 'Nightline'; and other media, law, finance, and real-estate news.

Morgan Stanley CEO John Mack grapples with plummeting profits and a rogue trader, a summer associate messes with the wrong guy at the company picnic, and Rachael Ray buys in the Hamptons, in our daily roundup of finance, law, media, and real-estate news.

They can make him tear down the Greenwich Hotel's $1.5 million penthouse if they feel like it. Plus, news on Goldman Sachs, Simon from 'Real Housewives,' and a few other people who have power in this town, in our daily roundup of real-estate, finance, media and law news.

AIG's Martin Sullivan is out, and everyone else is waiting for the ax to fall. Plus! Former 'NYT' editor Howell Raines picks on Poynter blogger Jim Romenesko, a Central Park West penthouse goes on the market for $80 million, and more, all in our daily roundup of finance, media, real-estate and law news.

Also, more news on Bear Stearns, the MTA, and Betsey Johnson, in our daily industry roundup.

Also, Lehman Brothers weighs its options, and 15 CPW breaks the $100 million barrier.