Morgan Stanley Downgraded To Sell By Sandler O'Neill

Jeffery Harte at Sandler O'Neill, who had MS at a hold previously, pulled all stops and cut the company to Sell (does anyone have the report?). Is this a competition for who will be the next Meredith Whitney? In the meantime, financials whipping boy Dick Bove parrots the execs of the Too Big To Mark To Market companies saying he expects a "very good" quarter for Goldman and MS.