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Morgan Stanley’s New CEO Gambles, But Cautiously
15 hours ago ago from Daily Intel
The Wall Street Journal today offered the following anecdote as an example of how James Gorman, Morgan Stanley's new CEO, is an exemplar of the new, more cautious era on Wall Street. Before his first day at Morgan Stanley in 2006, James Gorman went to Las Vegas to play poker. He watched Texas hold 'em for hours, without ordering a drink. Once he started playing, he won hundreds of dollars, says a person who was there. It isn't much of a ...
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