James Gorman to Succeed John Mack as CEO, Mack Will Remain Chairman; Initial Reaction with Michael Hecht of JMP Securities; Further Reaction with Michael Holland (Bloomberg News)
March 10, 2010 | Posted in
Personal Finance |
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During the depths of the global financial meltdown in September 2008, John Mack faced the most critical moment of his tenure as CEO of Morgan Stanley. The investment bank was nearly out of cash, its stock price was plunging into the single digits and Treasury officials were pressuring him to sell the firm to jpmorgan [...]
February 20, 2010 | Posted in
Investing |
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