Morgan Stanley Takes MBIA Hit, Still Beats Street Call |
| January 19, 2012 | January 2012 Bond Updates |
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A day after rival Goldman Sachs recorded a tough fourth quarter, Morgan Stanley booked a loss for the last three months of 2011 owing to a $1.7 billion hit from a previously announced settlement with bond insurer MBIA. |
| View more at: http://www.forbes.com/sites/steveschaefer/2012/01/19/messy-fourth-quarter-from-morgan-stanley/ |
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