From Bloomberg: James Gorman strides across the stage of the auditorium on the top floor of Morgan Stanley's Times Square headquarters. It's late October, and he's in the midst of the second investor revolt he's been through in three years -- the first one coming during the financial upheaval of 2008.
Morgan Stanley's chief executive officer, a 53-year-old Australian, is addressing employees a day after the bank released its earnings. And he has just finished a media blitz to ward off persistent rumors that Morgan Stanley is heavily exposed to shaky European debt. The whispers, which the bank has denied, have helped drive its stock down almost 50 percent over the course of 10 weeks, Bloomberg Markets magazine reports…
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