Morgan Stanley Cuts 1,000 Mortgage Jobs

Morgan Stanley Cuts 1,000 Mortgage Jobs

There are 1 comment on the ABC 33/40 story from Feb 13, 2008, titled Morgan Stanley Cuts 1,000 Mortgage Jobs. In it, ABC 33/40 reports that:

“Given the continued dislocation in the mortgage markets, we have restructured our residential mortgage business to ensure we are appropriately positioned for the environment going forward”

Morgan Stanley on Wednesday said it will cut 1,000 jobs as the nation's second-largest investment bank trims its residential mortgage operations amid the continued deterioration of the mortgage markets.The New ... via ABC 33/40

Join the discussion below, or Read more at ABC 33/40.


Pompano Beach, FL

#1 Feb 14, 2008
Does me walking away from my home have anything to do with this ?? SCREW THE BANKS !! WALK AWAY !!! I love living 5 months Mortgage free in my home !!

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