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Morgan Stanley falls hard on concerns about Europe (Reuters)

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Morgan Stanley stocks fell more than 10 percent Friday, based on concerns that the company’s exposure to the European market is a liability.

And frustrated investors who hold Morgan Stanley bonds say that outsiders can and have unfairly biased the bonds’ values through speculative credit default swaps, shorting their equity.

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“It’s like seeing an overweight person walking down the street, buying a life insurance policy on him, then buying a gun and shooting him,” said one investor.

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