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Morgan Stanley CEO: ‘No nefarious activity’ in Facebook IPO – Los Angeles Times

Morgan Stanley CEO: 'No nefarious activity' in Facebook IPO
Los Angeles Times
Gorman denied any wrongdoing in Morgan Stanley's handling of information leading up to the IPO. Some of Morgan Stanley's biggest clients got a heads-up that the bank's revenue forecasts for Facebook had soured. But Gorman noted that all Facebook
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