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Tough talk and times at Morgan Stanley

PUBLISHED: 27 Jan 2012 00:05:13 | UPDATED: 02 Feb 2012 12:30:14PUBLISHED: 27 Jan 2012 PRINT EDITION: 27 Jan 2012
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Morgan Stanley chairman and chief executive officer James Gorman says employees understand why the investment bank has to cut pay, and those who don’t grasp the reasoning need to adjust their attitude.

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