12:41, 5 October 2007 Page views 656 views

Morgan Stanley became another victim of mortgage crisis

(no votes)

Another victim of the mortgage crisis in the high-risk category is Morgan Stanley, American bank group. It has recently announced layoff of 500 employees, who worked with bonds in the USA, and of about 90 employees in Advantage, its British affiliated company, which worked with mortgage securities.

Plusworld.org - only
the main news on the Market!