at CNBC.com (Jan 16, 2015)
Forget the politics, says former Morgan Stanley CEO Phil Purcell, the best reason to break up...
Forget the politics, says former Morgan Stanley CEO Phil Purcell, the best reason to break up the big banks is to benefit their shareholders. "Breaking these companies into separate businesses would double to triple the shareholder value of each institution." Strong words from a man who spent his career putting these behemoths together.
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