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At Deadline.

Publication: Crain's New York Business
Publication Date: 09-OCT-06 		Format: Online
Delivery: Immediate Online Access
Full Article Title: At Deadline.(Wall Street firms shell out about $15 billion over the past four years to settle litigation.)(Greenhill & Co. and Manhattan-based venture firm SAVP have raised $102 million for a new fund.)(Bulgari Hotels & Resorts has opened properties in Milan and Bali and is looking to expand elsewhere.)

Article Excerpt
Wall Street firms have shelled out about $15 billion over the past four years to settle litigation stemming from the failures of Enron and WorldCom, the scandal over research-analyst conflicts, and other matters, according to a report from Sanford C. Bernstein & Co. Most firms have resolved their worst legal problems, but Morgan Stanley will have to fork over an estimated $550 million to settle Ron Perelman's suit concerning its advisory role in a merger with Sunbeam Corp.

There are signs that Metropolitan...

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