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| Gorman begins Morgan Stanley reshuffle (at FT.com) December 7, 2009 at 8:50 pm |
| Morgan Stanley 's James Gorman, who will succeed John Mack next month as the bank's chief executive, is close to unveiling a series of management changes that include shifting the bank's finance chief to co-head its flagship securities business. |
| Tarp-for-jobs (at FT.com) December 7, 2009 at 2:10 pm |
| Since its inception, the troubled asset relief programme has suffered mission creep. But the $700bn originally meant to clear festering real estate assets from banks' balance sheets now may wriggle further. | | |
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