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Morgan Stanley: Word Wise

Started by Joelle, December 17, 2008, 11:02:00 PM

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Joelle

Morgan Stanley: Word Wise
      


Investors hang on their every utterance. When bank CEOs and finance chiefs offer their forecasts, stock prices can rally or flop.
But Reuters looked back at past predictions made by Morgan Stanley’s chairman and CEO, John Mack, and CFO Colm Kelleher, and discovered that they’re hardly infallible.
 Consider these classics from a firm which has seen its stock price slammed this year, was forced to [...]
         

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