What's the difference between a media mogul and a chief executive elsewhere in the business world? About $10 million in compensation. Leaders in other industries earn far less than their media industry counterparts, the NYT reports.» Read More
Is Morgan Stanley prepared for a potential downgrade by Moody's? Debra Borchardt, The Street markets analyst and Frederick Cannon, Keefe, Bruyette & Woods, weigh in.
Discussing comments made by Morgan Stanley's chairman and CEO on the Facebook fallout and just how serious Moody's possible downgrade could be for the firm, with Elliot Weissbluth, HighTower Advisors CEO and CNBC's Gary Kaminsky.
Morgan Stanley's chairman and CEO James Gorman spoke out on the huge hype surrounding Facebook's IPO, and Elliot Weissbluth, HighTower Advisors CEO; Michael Farr, Farr, Miller & Washington president; and CNBC's Gary Kaminsky, react to his comments.
Morgan Stanley spacer CEO James Gorman told CNBC's "Closing Bell" that despite widespread criticism of his firm's handling of the stock offering, "in the room" there appeared to be enough demand to justify its $38 offering price
Morgan Stanley chairman and CEO James Gorman offers insight on his team's efforts to price Facebook's IPO and the Nasdaq's handling of the stock's trading transactions. "In a deal of unprecedented size against a macro backdrop of everything going on in Greece, and so on, created a potent elixir, if you will, that really set this thing aflame," says Gorman.
Morgan Stanley chairman and CEO James Gorman, discusses his company's efforts to raise liquidity amid fears of a possible downgrade from Moody's.
The bank's shareholders rejected the $15 million pay package for CEO Vikram S. Pandit, marking the first time that stock owners have united in opposition to outsized compensation at a financial giant.
"The year has started a little firmer," Morgan Stanley CEO James Gorman told CNBC during the Davos World Economic Forum. "The U.S. is in a little better shape than the markets have appreciated, and the markets are catching up."