Morgan Stanley's Ukraine Farm Venture Reaped Losses

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Oct. 5 (Bloomberg) -- Bloomberg's Alan Katz reports on Morgan Stanley's farming venture on the steppes of Ukraine which it abandoned in July 2009. The failed gamble demonstrates how Wall Street firms, in the last gasp of a debt-fueled bull market, strayed further from their traditional businesses to embrace diverse projects with unfamiliar risks. (Source: Bloomberg)

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