Morgan Stanley, and American Finance Associated announced that Professor Douglas W. Diamond as this years Morgan Stanley and AFA 2012 award for excellence in finance. Professor Douglas donated $200,000 from what he received to the Fama-Miller for the research in Finance at the University at Chicago Booth School of Business. Diamond is distinguished as a specialist in finance intermediaries, the financial crisis and liquidity. As reported, it was stated that they are pleased to have awarded Douglas Diamond as this years Excellence in Finance because his research is as relevant to the industry as it is to academics.
Morgan Stanley is the leading financial service firm providing a range of investment banks and investment management services to consumers and the industry a like. The award is rewarded to honor those that have made huge contributions in the finance industry and their achievements in this field. The American Finance Association is linked to awarding those that have made great contributions in finance knowledge.
