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| Morgan Stanley Posts Loss After $9.4B 4th-Qtr Writedown, Gets $5B Investment From China: "This quarter will put (Morgan Stanley) in a very precarious position as it relates to keeping clients and keeping employees, in our opinion," Wachovia Capital Markets analyst Douglas Sipkin said in a note to clients. "Further strategic initiatives under the current leadership will likely be scrutinized by investors considering the poorly timed push into the mortgage market at the end of 2006." http://biz.yahoo.com/ap/071219/earns...n_stanley.html
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