Morgan Stanley’s Mack to Pay for Personal Use of Jet

[Banjo]

Mack’s personal flights cost the company $368,675 last year, according to a filing with the U.S. Securities and Exchange Commission yesterday.

http://www.bloomberg.com/apps/news?pid=20601087&sid=a3bpSZbbKycQ&refer=home

 

[lolatency]

Quote from Banjo:

Mack’s personal flights cost the company $368,675 last year, according to a filing with the U.S. Securities and Exchange Commission yesterday.

http://www.bloomberg.com/apps/news?pid=20601087&sid=a3bpSZbbKycQ&refer=home

I've always wondered just how much of an insider Mack is. He really pulled some magical shit out of his ass when he got that Japanese bank to come in and bail Morgan out.

What's the dirt on this guy, exactly?

 

[ammo]

he should step down , any guy caught fudging his expense accts (stealing is a more accurate word) is usually dismissed