Monday, June 13, 2005

Morgan looking Bad, CEO retires

Wow I didn't know there was so much trouble at Morgan Stanley. Bad trading results, loss of market share, and inflating salaries to keep talent around. That is not a good news going forward. At least Purcell left willingly and didn't harm the company if they had to be forced out. I guess he cares more about his company then Eisner did for Disney.

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