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    0 starsshiwani | Shared With: Everyone - Jun 19 2009 | america, business, news
    Bailed-out execs used jets for holidays - msnbc.com

    Seriously?! "A spokesman for Morgan Stanley declined to comment to the paper on individual flights, but said its policy was to allow CEO John Mack personal use of corporate jets, with the cost "fully disclosed" in annual proxy filings."

    Quoted: Chief executives of some banks that received federal money, including Bank of America Corp. and Morgan Stanley, used company jets for their personal use, the Wall Street Journal reported Friday.

    Showing 1 - 1 of 1 comments
    • btreloar - Jun 23 2009

      Who actually READS those proxy filings???

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