Morgan Stanley’s John Mack Steps Back, to Shrugs
"Mack wasn't the best CEO and he wasn't the worst."
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"Mack wasn't the best CEO and he wasn't the worst."
Recess is over, and Congress will be scrutinizing the big boys.
The new BBC reenactment of the events of last September sounds a little too British.
Morgan Stanley CEO John Mack may have lost $159 million. But he still has his pride.
And he continued to fly on jets AFTER receiving TARP funds. Off with his head!
Morgan Stanley has already requested to be allowed to repay its $10 billion in TARP debt.
They just went with the flow.
Wells Fargo, meanwhile, points and laughs at John Mack.
It's Friday, which means there's news about financial institutions they hope you'll drink away over the weekend.
We suppose you could say they stand for the same thing.
Even if you call it an award, like Morgan Stanley does.
Citi will continue to own 49 percent of the unit and see it on weekends and holidays.
But some of his peers are looking at a lump of coal.
The Morgan Stanley CEO probably didn't think he'd spend it this way.
The Morgan Stanley CEO closed a deal that could save his firm.
The Morgan Stanley CEO is hosting an important dinner for investors in London tonight.
The Morgan Stanley CEO reportedly proposed a merger with Citigroup, but was shot down.
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