"​Morgan Stanley Writes Down SIVs After Helping Its Money Funds" says Bloomberg. Morgan Stanley wrote down $​169 million after purchasing $​1.​06 billion in SIV investments from its money market funds the company said in an SEC filing yesterday. "​The firm wasn'​t obliged to buy any of the securities and has no obligation to do so in the future," said Bloomberg. Crane Data reported this news in its article "​Morgan Stanley Joins List of Advisors Supporting Money Funds Over SIVs" on Dec. 19.

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