Home -> Law Blog Directory -> Real Estate & Property Law Blogs -> Housing Wire

Real Estate & Property Law

: Housing Wire

Morgan Stanley Posts Larger-than-Expected Q4 Loss

By DIANA GOLOBAY

Morgan Stanley (MS: 16.23 -1.64%) on Wednesday posted a substantial fourth-quarter loss of $2.19 billion, or $2.24 per share, driven by #8220;unprecedented market turmoil#8221; and mortgage-related write-downs. Fixed income sales and trading #8212; which include its mortgage business #8212; registered net losses of $1.2 billion. #8220;The global capital markets - and the financial services industry #8212; [...]img src="http://feedproxy.google.com/~r/HousingWire/~4/-wmXU3xQHWM" height="1" width="1"/

Full post as published by Housing Wire on December 18, 2008 (boomark / email).