Japanese partners Mack trained years earlier wrote the check saving Morgan Stanley
John Mack · How John Mack Saved Morgan Stanley & Transformed Wall Street · Joe Lonsdale · Feb 15, 2023 · at 16:49
Former Morgan Stanley CEO John Mack reflects on how long-term trust in Japan resulted in the critical capital injection during the 2008 financial crisis.
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“And, you know, they're the ones that wrote the big check that got us out of the bind.”
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