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Morgan Stanley's Mack: "We need a merger partner or we're not going to make it" (updated)

Posted by Editor on September 18, 2008 at 09:52 AM

The quote is from the New York Times. FT Alphaville has the details.

UPDATE (Sept. 18, 2008): FT Alphaville writes that Citigroup is denying that Morgan Stanley CEO John Mack made that comment to its own CEO, Vikram Pandit. The NYT report stated that the former made the comment while talking to the latter.

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