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Morgan Stanley Posts $159m Q2 Loss after TARP Repayment 

Jul 22, 2009By

New York-based Morgan Stanley [stock MS][/stock] reported a $159m quarterly loss, or $1.37 per share, after TARP capital repayments. Morgan Stanley closed its deal with Citigroup for controlling interest in Smith Barney on May 31, a transaction worth $11.1bn, according to Citi’s Q209 report, issued last week. The deal closed earlier than expected.