World-News

Reuters: "Morgan Stanley and Citigroup Inc are preparing to pay $3 billion of retention awards to brokers to keep them from fleeing a brokerage joint venture, the Wall Street Journal said on Friday, citing people familiar with the matter. Terms are not expected until later this month, but the issue could grow politically sensitive because the government has injected money into both companies, the newspaper said."

http://www.truthout.org/021709K



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