posted by whistleblower at 08:30 PM PST on Nov 6, 2007 (about 1 year ago) | 68 views

Now it is Morgan Stanley’s turn.

More than two years after the chief executive, John J. Mack, made a celebrated return to his old firm, promising to put more of the firm’s capital at risk, it is becoming apparent that Morgan Stanley may have to take its own write-down for bad credit exposure.

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