1.   Both firms earned millions of dollars in fees arranging sales of these securities.

2.   Eventually, Weisel said, the firm may earn up to half its profits from its investments.

3.   Firms earn about seven percent of the total amount of initial public sales of stock they underwrite.

4.   In doing so, these firms earned tens of millions of dollars in fees and put billions of dollars in Enron securities into the market.

5.   Morgan Stanley fell well short of what analysts had expected the firm to earn and sounded guarded about prospects for a rebound soon.

6.   Money management firms earn the most from collecting fees for assets they oversee, not selling new funds.

7.   Securities firms generally earn significantly bigger fees for underwriting stocks than debt.

8.   Some Wall Street firms earn a big chunk of their overall profits advising companies on mergers and acquisitions, and that business is one of the most heavily contested.

9.   That boosted the brokerage commissions securities firms earn from stock sales.

10.   The amount the British firms would earn as a result would far exceed the full value of the British purchase, Hansen said.