That must be why they waited until April 15th to walk away from the 3.3 Billion dollar Office Building so they did not have to report it until next year as a loss in Japan. What is interesting is almost 10 days after Morgan Stanley gave back the keys and defaulted on a 3.3 Billion office building the MSM nor the alternative online media sites (except for Rense, What Really Happened and forums) have said a word about it. Morgan Stanley obviously has a lot of pull to keep it off Drudge, Raw Story, Truth Out, Huffington Post, etc. where millions get their news.
Morgan Stanley is having quite a bad run in Japan..... So the next question is.... How much are they going to get as another bailout in the near future? They have to be bleeding from all areas having billions and billions of losses.
Portion of Article - about Morgan Stanley 2010 Japanese Investment Losses:
Yahoo news has the story, but it took 4 search terms to bring it up:
ReplyDeletehttp://news.yahoo.com/s/nm/20110415/bs_nm/us_morgan_stanley_real_estate_1