Comments on: Mack and Morgan Stanley: The leader makes the difference

By: exMS NYC

exMS NYC — Sat, 18 Oct 2008 12:54:28 +0000

it was media like you putting similar comments on Dick when morgage helped Lehman profits soured…MS is a good firm because of its heritage and history with governments/banks around the world including Japan, not because of a single CEO who hasnt done much after his return to MS…

By: Anonymous

Anonymous — Tue, 14 Oct 2008 10:49:52 +0000

All financial stocks have lost about 2/3rd of their value, that is due to the lack of credit, and NOT specific to Mack. He’s a great leader. When things turn around, and they will, MS will come out of this with tremendous opportunities as most competition has been wiped out.

By: c NY

c NY — Tue, 14 Oct 2008 02:51:43 +0000

I think he’s doing great, and will do much better

By: vadim ny ny

vadim ny ny — Tue, 14 Oct 2008 01:12:51 +0000

What a discrasefull commentary! How dare you giving praise to the man who is responsible for the destruction of countless lives and hundreds of billions of dollars of shareholders wealth. Shame on you.

By: HPB

HPB — Mon, 13 Oct 2008 19:03:46 +0000

Thank you for this. As a Morgan employee, I think most people look at us (our firm) as evil, with everything that has happened in the last two weeks. They don’t see that we’re in the same boat as everybody else… worried about our jobs, our future. John Mack has provided us comfort in knowing that he is trying his best to do what is right for the firm and its employees.

By: lc, ny, ny

lc, ny, ny — Mon, 13 Oct 2008 18:13:27 +0000

Please don’t forget he is responsible for all the rectless investment decision that drove MS to its knee.

By: AG, New York, NY

AG, New York, NY — Mon, 13 Oct 2008 18:09:52 +0000

Independent of ambition and competitiveness it also seems that Mack really gives a damn what happens to Morgan Stanley. By contrast, everything I’ve read suggests Dick Fuld was in denial for a long time (a likely indicia of self-absorption) and only looked for help when it was too late. When I worked at Credit Suisse I heard that Mack was a Southern gentleman as well as being quite a decent fellow. If true, he would have felt he was fighting for the MS shareholders and employees as well as himself.

By: J. O'Reilly Norton, MA

J. O'Reilly Norton, MA — Mon, 13 Oct 2008 17:45:33 +0000

It is up to $16 a share is nothing to brag about. This was a $50-$60 stock before Mack got there!