Monday, January 12, 2009

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Morgan Stanley, Citigroup Roll The Marriage Dice

Sun, 11 Jan 2009 23:35:10 -0800
A few months ago, Wall Street firm Morgan Stanley was scrambling to survive. Now it is rebuilding with a bang.The New York company is pushing toward completion of a joint venture with Citigroup Inc.’s Smith Barney unit that would create the largest brokerage force in the world, toppling the former Merrill Lynch & Co.