John Mack on Life Lessons From Financial Crisis
Masters in Business
00:00
The House of Morgan, by Ron Churnow
Morgan Stanley had too much risk, there was no question about that. We did not have a fortress balance sheet like a JP Morgan would have or even a Citibank. No one knows when the bullets come in, but the bullet came and shot a lot of us. And all I can say is thank God for the Japanese and what they did.
Transcript
Play full episode
