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Blue Blood and Mutiny: The Fight for the Soul of Morgan Stanley

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The behind the scenes story of the power struggle that rocked Wall Street's most prestigious financial institution.

In March 2005 the business world woke up to an unprecedented full-page ad in the Wall Street Journal calling for the removal of Morgan Stanley's CEO. It was paid for by a cohort of eight former Morgan Stanley executives, including an ex-chairman and an ex-president, who soon would be dubbed the "Eight Grumpy Old Men." Their target was CEO Philip Purcell, who had come to power ...