JEFFERIES FINANCIAL GROUP: MORGAN STANLEY SAYS INVESTOR DAY LEFT SOME QUESTIONS UNANSWERED ON WHAT EXACTLY WENT WRONG WITH FIRST BRANDS, AND WHETHER OR NOT JEFFERIES COULD HAVE MITIGATED RISK IN ADVANCE

India, Oct. 17 -- MORGAN STANLEY SAYS INVESTOR DAY LEFT SOME QUESTIONS UNANSWERED ON WHAT EXACTLY WENT WRONG WITH FIRST BRANDS, AND WHETHER OR NOT JEFFERIES COULD HAVE MITIGATED RISK IN ADVANCE

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