Morgan Stanley's monstrous loss in Atlantic City
Started by somewhereelse
almost 16 years ago
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Member since: Oct 2009
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I love it... same banks talking about "personal responsibility" >> Morgan Stanley's monstrous loss in Atlantic City The investment bank says it will walk away from a $932 million investment in a casino-hotel in the gambling town, rather than bet another $1 billion on finishing the project.
http://www.crainsnewyork.com/article/20100422/FREE/100429942/1050