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No Cheer For Investment Banks: Morgan Stanley, Goldman Sachs To Report Losses


First Posted: 12-15-08 03:16 PM   |   Updated: 01-15-09 05:12 AM

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Read More: Banks, Goldman Sachs, Investment Banks, Morgan Stanley, Business News
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New York Post:

Morgan Stanley's expected to ring up losses of about $1 billion when it reports its fiscal fourth-quarter earnings Wednesday.

Continued fretfulness in the stock market magnified by the latest $50 billion scandal with New York money manager Bernard Madoff, and a seizing up in credit markets, has found Morgan CEO John Mack slammed.

Read the whole story: New York Post

Morgan Stanley's expected to ring up losses of about $1 billion when it reports its fiscal fourth-quarter earnings Wednesday. Continued fretfulness in the stock market magnified by the latest $50 b...
Morgan Stanley's expected to ring up losses of about $1 billion when it reports its fiscal fourth-quarter earnings Wednesday. Continued fretfulness in the stock market magnified by the latest $50 b...
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