Surveillance: Basak on Gorman Resigning
Bloomberg Surveillance
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The Independentness of a Morgan Stanley Board
Saperstein has the swagger of Morgan Stanley and Saperstein is watching paint dry, making all the money. Who decides at any firm who takes over? The board. But remember, as we've been talking about, James Gorman is on that board. So it is quite independent relative to a lot of what you're seeing on Wall Street.
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