High Flying CEOs

A Feb. 27 research report from Wall Street Strategies had mostly positive things to say about Morgan Stanley like record revenues and net income in 2006. But the report took issue with CEO John Mack's liberal use of the firm's flying fleet: We would like John Mack, CEO, to stop using company aircraft for personal use; he made $41.4 million in 2006 compensation. Do we have another Todd Mahal in the

A Feb. 27 research report from Wall Street Strategies had mostly positive things to say about Morgan Stanley — like record revenues and net income in 2006. But the report took issue with CEO John Mack's liberal use of the firm's flying fleet: “We would like John Mack, CEO, to stop using company aircraft for personal use; he made $41.4 million in 2006 compensation.” Do we have another Todd Mahal in the making?

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