Tag Archives: Morgan Stanley’s Stock Bet Yields Windfall On Paper

DealBook – Morgan Stanley’s Stock Bet Yields Windfall On Paper – 1 February 2014

DealBook

By RACHEL ABRAMS

When Morgan Stanley’s share price fell to $20 in 2011, the bank’s chief executive, James P. Gorman, and several of his top lieutenants tried to encourage investors by buying up stock with their own money. Now, that put-your-money-where-your-mouth-is approach appears to have paid off.

Read the full story at: www.dealbook.nytimes.com / link to original article