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Book Review: 'Blue Blood and Mutiny: The Fight for the Soul of Morgan Stanley'

But of course, any book about the culture at Morgan Stanley is going to be viewed as either bias on the side of John Mack or that of Phil Purcell. Having worked for both, I for one witnessed the utter lack of vision of Phil Purcell beyond his one brilliant move in convincing Morgan Stanley to merge. The best move Dean Witter could have done for itself, by far. Dean Witter certainly would have declined considerably over the years since the time of the merger due to their ill-fated, pursuit of soliciting sub-par financial products to an ever more knowledgeable investor class. I still can't understand how John Mack & company could have erred so egregiously