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Surveillance: Aggressive Cuts with Luzzetti

Bloomberg Surveillance

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The Importance of Wealth Management in Morgan Stanley's Recession

The first quarter of total deposits at Morgan Stanley was lower than expected. The numbers, as you guys have pointed out, relative to a year ago, are still very weak,. But I would put Jake Morgan at the top of the list. He's the one that drove this over the last 10 years.

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