Morgan Stanley CEO out

Tuesday, June 14, 2005

NEW YORK -- While embattled Morgan Stanley chairman and chief executive Philip J. Purcell plans to leave Morgan Stanley by early next year, he still has a lengthy and difficult agenda to complete: halting a stream of high-level resignations, reversing a new earnings disappointment and silencing the criticism that led to his own departure.

To continue reading
For more than 115 years, the Southeast Missourian has written the first draft of local history. We have aspired to enrich, entertain, educate and inform. Our core values have remained firm: truth, service, quality, integrity and community. Support our mission.