Morgan Stanley bank backs out of Revel Casino in New Jersey
April 2010: "...[Morgan Stanley] says it will be selling its stake in Revel Entertainment Group LLC's Revel casino in Atlantic City, N.J. The investment bank, which had invested $1.2 billion into the project, says it will "take a substantial loss...Morgan Stanley will be getting cents on the dollar."
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Thursday, September 9, 2010
Morgan Stanley bank backs out of Revel Casino in New Jersey (April 2010)
Posted by Elpaso at Thursday, September 09, 2010