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Wednesday, May 04, 2011

Feds Gave $220 Million In Bailout Bucks To Two Morgan Stanley Wives For Some Reason

Rolling Stone's Matt Taibbi - the guy who famously referred to Goldman Sachs as "a great vampire squid wrapped around the face of humanity, relentlessly jamming its blood funnel into anything that smells like money" - has an interesting expose of how the wives of two Morgan Stanley hot shots, though they had no previous financial experience, set up their own investing initiative and got $220 million in bailout funds.

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