Get your holiday on with Holidash!
Holidash Blog

AOL Money & Finance

Flash: Morgan Stanley (MS) announced huge loss

Morgan Stanley (NYSE: MS) will take a $3.7 billion write-down from the firm's U.S. subprime-related exposures, according to MarketWatch. The company ended its fiscal third quarter with $12.3 billion in U.S. subprime-related balance sheet exposures, representing $10.4 billion in net exposures on Aug. 31. As of Oct. 31, Morgan Stanley had net exposure of $6 billion.

Douglas A. McIntyre is an editor at 247wallst.com.

Reader Comments (Page 1 of 1)

Symbol Lookup
IndexesChangePrice

Last updated: December 02, 2008: 02:41 PM

BloggingStocks Exclusives

Hot Stocks

BloggingStocks Featured Video

TheFlyOnTheWall.com Headlines

WalletPop Headlines

AOL Business News

Latest from BloggingBuyouts

Sponsored Links

My Portfolios

Track your stocks here!

Find out why more people track their portfolios on AOL Money & Finance then anywhere else.

BloggingStocks Partners

More from AOL Money & Finance