06/24/2010 07:01:00 PM EST
Mass. settles with Morgan Stanley for almost $103M
BOSTON-(AP) Morgan Stanley agreed Thursday to a nearly $103 million settlement with Massachusetts investigators who alleged the investment bank backed subprime mortgage lending that it knew to be risky.
State Attorney General Martha Coakley, in announcing the settlement, said it called on Morgan Stanley to provide $60 million to borrowers and…
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