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Morgan Stanley in talks with Wachovia
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Morgan Stanley in talks with Wachovia

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Get ready to kiss another goodbye. This is just stunning. In a few short months 3 of the 5 largest independent investment banks have gone under (Bear Stearns, Lehman, Merrill Lynch) with the 2 remaining (JP Morgan, Goldman Sachs) on life support. And let's throw in a little AIG to sweeten the pot.

http://news.yahoo.com/s/nm/banks_morgan_wachovia_dc


 
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