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European Banks Take On Morgan Stanley Over $1.2B In RMBS

By Martin Bricketto ( January 26, 2012, 8:18 PM EST) -- German bank Bayerische Landesbank and Belgian bank Dexia SA hit Morgan Stanley with separate lawsuits in New York on Wednesday accusing the financial services giant of fraud in the creation and sale of nearly $1.2 billion in residential mortgage-backed securities....

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