Morgan Stanley chairman says bankers are overpaid
The controversial subject of bankers’ pay has reared its ugly head again today after the chairman of US banking giant, Morgan Stanley, John Mack, said investment bankers are overpaid. Sixty-five-year-old Mack, who recently stepped down as chief executive but remained chairman, has not taken a bonus for the past three years but received a salary of [...]

[ Published on : Fri, 26 Feb 2010 09:37 ]