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Loan Modification

: Mortgage Lender Implode-o-Meter

New York Pension Said to Renege on Morgan Stanley Commitment

By Implode-Explode Heavy Industries

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"New York?s $125 billion pension plan reneged on a $300 million commitment to Morgan Stanley?s real- estate investing group after the business reported losses and managers left, two people with knowledge of the matter said."

Full post as published by Mortgage Lender Implode-o-Meter on October 15, 2010 (boomark / email).

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