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Politics : PRESIDENT GEORGE W. BUSH
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To: Lazarus_Long who wrote (322230)11/21/2002 5:06:03 PM
From: Karen Lawrence  Read Replies (2) of 769667
 
First you speak of a non-existent Depression and now you are claiming we are pulling out of a recession. NOT according to Morgan Stanley...more layoffs, amid the PROLONGED ECONOMIC DOWNTURN...from front page of SI: Morgan Stanley Said to Fire Workers

By BRAD FOSS 11/21/2002 16:35:15 EST
NEW YORK (AP) - Investment bank Morgan Stanley is laying off roughly 2,200 employees, or nearly 4 percent of its work force, as the investment bank continues to cut costs amid the prolonged economic downturn, a person familiar with the situation said Thursday.
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