Morgan Stanley's (MS) John Mack Won't Receive Any Bonuses This Year -CNBC

According to reports from CNBC's Charlie Gasparino, Morgan Stanley's (NYSE: MS) Chairman and CEO, John Mack, has said that he will not receive any bonuses this year. Gasparino notes that two other top execs at Morgan Stanley have also elected to not take bonuses this year.

Gasparino also pointed out that this will be John Mack's second year in a row without a bonus, as he did not receive one last year.

Morgan Stanley, through its subsidiaries and affiliates, provides various financial products and services to corporations, governments, financial institutions, and individuals worldwide.

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