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Reuters: Morgan Stanley posts loss on writedowns; stock off

Started by dave, December 17, 2008, 06:59:19 PM

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dave

Morgan Stanley posts loss on writedowns; stock off
      


NEW YORK (Reuters) - Morgan Stanley reported a wider-than-expected $2.2 billion quarterly loss on Wednesday as plummeting markets generated more writedowns and slashed fees from investment banking and brokerage.<div class="feedflare">
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