Thursday, November 15, 2007

EXPENDITURE STRATEGY - NOMURA HOLDINGS

Nomura Holdings, Japan's largest securities firm, last month reported its first loss in more than four years after the value of its U.S. mortgage investments plunged, forcing the company to:
a) close some operations,
b) cut staff and

c) shut its Chicago office.

[Click here for full story at: BLOOMBERG.COM]

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