In some more news from the "we need to be bailed out because we're stupid" column, Morgan Stanley tapped Chinese firm, China Investment Corp., which is - surprise - under the control of the Chinese Finance Ministry and The People's Bank of China, the central bank.
Neat, eh? Well, nothing surprises us anymore and Morgan Stanley is no exception in this case. CEO John Mack took responsibility and is foregoing a bonus this year, which although a nice gesture, certainly will not making up for selling yet another piece of U.S. finance to a foreign concern.
Shitheads...
Read the fun story here - "Write down" the toilet...
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