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Yeah that is what I am wondering.
I'm not sure if offering Cruz as a sacrificial lamb will be enough ...It really was Mack's idea for Morgan Stanley to take more risks when he came back, so ultimately responsibility lies with him.
Pretty sure BSC's Cayne will be gone soon as well..
Damn execs are dropping likef lies..
Any ideas who would replace him? He already fired his second in command so I assume Bear would look to the outside?
highly doubt mack getting the boot.
.
He should be, although I doubt it. Only in finance can a company report over $5 billion dollars in losses and not fire their CEO.
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