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."
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