Morgan Stanley – The New York Times

“Bob Baldwin probably saved the firm and destroyed its soul,” Ron Chernow wrote in “The House of Morgan: An American Banking Dynasty and the Rise of Modern Finance” (1990). “This new Morgan Stanley was a monument to his force and clear vision, a brilliant adaptation to altered circumstances. Yet he badly politicized a firm long unified by a special esprit de corps.”

Source: Robert H.B. Baldwin, Transformer of Morgan Stanley, Dies at 95 – The New York Times

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