The writer is a Fund Manager of Morgan Grenfell Asia Ltd.

（作者是摩根建富（亚洲）公司的基金经理。

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Most of the financial establishment had opposed the takeover and one competitor, Morgan Grenfell, refused to do business with him for 15 years afterwards.

多数金融机构都反对这起收购，其中一家竞争对手摩根富建，在随后15年中都拒绝与之开展业务。

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Even Dr. Edward Yardeni, Deutsche Morgan Grenfell's well-respected chief economist, has gotten in on the act.

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Deutsche is less stodgy than it was when it bought Morgan Grenfell, but there is still scope for conflict.

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"They became the darlings of the Asian markets, " says Victor Shvets, regional telecommunications analyst at Deutsche Morgan Grenfell in Hong Kong.

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