Subprime hit gives Morgan Stanley its 1st-ever loss
Story date: 2007-12-20 09:59:00
Added on: 2007-12-20 11:00:19
Chicago Tribune - Morgan Stanley on Wednesday reported a $9.4 billion write-down from bad bets on mortgage-related debt, leading to the first ... Morgan Stanley is the latest Wall Street firm to be punished by the unfolding credit crisis and to be forced to ...
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2007-12-20 09:51:00