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MONDAY, NOVEMBER 23, 2009
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NEWS ABOUT: James Gorman

James Gorman stories: 1 news summaries

Mack Steps Down as Morgan Stanley CEO

Ends tumultuous 4 years, including bank's near collapse

Sep 11, 09 5:52 AM CDT
(Newser) - John Mack is stepping down after 4 years as CEO of Morgan Stanley, the bank that nearly succumbed at the height of the financial crisis. Morgan Stanley has seen its reputation suffer in recent years after ill-advised moves into real-estate-backed assets that cost the bank billions, raising questions about Mack's... More »

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CEO • Morgan Stanley • John Mack • investment banks • financial crisis • James Gorman

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