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Morgan Under Assault

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On Thursday October 8, Morgan Stanley shares dropped by 26% to $12.45, the lowest price in a decade. And fears swirled around possible reconsideration by Mitsubishi UFJ of Japan of a $9 billon investment in Morgan Stanley. This put Morgan's head John Mack in a busy day dispelling rumors about Morgan.

John Mack, CEO of Morgan Stanley at the time of the 2008 financial crisis

10/09/2008

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The impact of rumors on the share price of Morgan Stanley and other stocks.

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Morgan Tries To Quell Rumors About Its Stock

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