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2008-02-13 15:15

Morgan Stanley to shed 1,000 jobs in mortgage downsizing (AFP)

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Wall Street investment giant Morgan Stanley said Wednesday it would eliminate 1,000 jobs as it scales back residential mortgage operations in response to the US housing slump.(Morgan Stanley)AFP - Wall Street investment giant Morgan Stanley said Wednesday it would eliminate 1,000 jobs as it scales back residential mortgage operations in response to the US housing slump.


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