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Reuters: Morgan Stanley posts big Q4 loss on writedowns

Started by chris, December 17, 2008, 08:59:38 PM

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chris

Morgan Stanley posts big Q4 loss on writedowns
      


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