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Essay / Research Paper Abstract
A 5 page paper discussing Morgan Stanley's first-ever joint venture, and one in which the investment bank in which the company was a partner lost money on telecommunications infrastructure investing in China. Much of the loss incurred later was traced to bribery. Associated risks could have been eliminated from the telecommunications scenario and preserved at least some return for investors. Staunch refusal would have delayed the telecommunications projects in the short term, but those delays likely would have cost less than did the bribes that were paid to effect their completion. Bibliography lists 6 sources.
Page Count:
5 pages (~225 words per page)
File: CC6_KSinvest.rtf
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