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To: Travis T. OJustice

Someone made an incorrect statement regarding Morgan Stanley (if it merged w/ Wachovia,for example). Dean Witter, which was a huge wire house, bought Morgan Stanley some 20 years ago. The name Morgan had more cachet than Dean Witter and so Dean Witter retained the name Morgan Stanley. This is very similar to Bank of America - it was bought out years ago by a North Carolina bank (can’t think of it at the moment) and the NC bank kept the BoA name.


30 posted on 09/17/2008 2:23:40 PM PDT by MarkT
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To: MarkT

North Carolina National Bank -—> NationsBank -—> BoA


42 posted on 09/17/2008 3:04:33 PM PDT by A_Former_Democrat
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To: MarkT

Same thing with NorWest buying out Wells Fargo.


74 posted on 09/17/2008 10:00:27 PM PDT by Almondjoy
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