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October 28, 2008 · 9:47AM

Goldman, Morgan Stanley Hit By VW Exposure Rumors

Morgan Stanley and Goldman Sachs shares fell sharply Tuesday on speculation the Wall Street firms might have been short-squeezed by trades involving German automaker Volkswagen. Societe Generale’s shares also fell amid loss rumors, but the banks denied exposure to the automaker. (Reuters)

Categories: Business & Finance Today · Europe Today · Financial Services · France · Germany · Markets, Economic News · World Affairs

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