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Morgan Stanley Agrees to $3.2B MBS Settlement

Morgan Stanley Agrees to $3.2B MBS Settlement

February 11, 2016
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Morgan Stanley agreed to pay $3.2 billion to end a joint federal-state investigation into its handling of mortgage-backed securities, the fourth deal to be struck in a probe of the big U.S. banks' role in the subprime mortgage meltdown and the financial crisis it spawned.

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