Financial Winners and Losers: Morgan Stanley

Updated from 3:07 p.m. EDT

Bank stocks were mixed Tuesday, taking a pause from their recent run-up, as investors assessed the Treasury Department's latest plan to revive lending.

Wall Street bank Morgan Stanley (MS Quote) was among the winners the day after the Treasury Department provided long-awaited details of a public-private partnership to help banks rid up to $1 trillion in toxic assets from their books. Morgan Stanley closed up 2.5% to $25.03.

Fortress Investment Group (FIG Quote) added 18.2% to $2.47, as the alternative investment firm was seen as being able to take advantage of the government's cheap financing. The plan calls for private investors, including hedge funds, to buy up the bad assets. Meanwhile, the government will offer billions of dollars in low-interest loans. ...