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Joined Nov 11, 2007
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Morgan Stanley & MUFG, Face $956M Losses Tied to Bonds

“A joint venture between Mitsubishi UFJ Financial Group Inc. and Morgan Stanley will likely report an extraordinary loss of about ¥80 billion ($956 million) for the just-ended fiscal year, due to unrealized losses from bond trading, people familiar with the matter said Friday.”

Full article – WSJ

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