Shareholders and Former Senior Executives of Morgan Stanley Issue Second Letter to The Board Of Directors.
PR Newswire Europe, March, 2005
NEW YORK, March 31 /PRNewswire/ -- Today a group of shareholders and former members of senior management of Morgan Stanley sent a second letter to the Board of Directors.
"March 31, 2005
To the Board of Directors of Morgan Stanley:
We regret that we must resort to another letter, but given your refusal to meet with us, we have concluded that this is the only way we can communicate with you. We are shareholders concerned with the best interests of the Firm, and we are expressing our concerns to you, our Board of Directors.
The issues which are foremost in our minds as we call for a new CEO are at the heart of your responsibilities in the areas of business performance and governance. A common proxy for measuring performance is...
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