Bloomberg News

Gorman Set to Lose $2.9M After Chastising Bank Pay

October 19, 2012

Oct. 19 (Bloomberg) -- Morgan Stanley Chief Executive Officer James Gorman is set to lose stock once valued at almost $2.9 million as the bank misses profitability and share- performance goals. Betty Liu reports on today's "Movers Shakers," Bloomberg Television's "In The Loop." (Source: Bloomberg)

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