Morgan Stanley CEO James Gorman: money is still cheap
Morgan Stanley CEO James Gorman spoke with Bloomberg Television’s Erik Schatzker from the World Economic Forum in Davos, Switzerland today. On cutting employees’ compensation, Gorman said that “everyone is comfortable with somebody getting well rewarded for doing a good job, but the problem in our industry and others in the past has been getting rewarded for not doing a good job.” video below..
source: BLOOMBERG TELEVISION
Interview Transcript is below