Blue Blood and Mutiny: The Fight for the Soul of Morgan Stanley | |
Author: | Patricia Beard |
Country: | United States |
Language: | English |
Subject: | Business history |
Genre: | Non-fiction |
Publisher: | William Morrow |
Release Date: | September 18, 2007 |
Media Type: | Print, e-book |
Pages: | 432 pages |
Isbn: | 978-0060881917 |
Blue Blood and Mutiny: The Fight for the Soul of Morgan Stanley is a non-fiction book by American journalist and historian Patricia Beard. The book was initially published by William Morrow on September 18, 2007.[1]
The books focuses on the history of investment bank Morgan Stanley and on how a powerful fight within the firm was orchestrated by a group of eight retired executives, led to the removal of its then CEO, Philip J. Purcell. The group was led by S. Parker Gilbert and Robert Scott, a former Morgan Stanley chairman and president respectively. The group carefully worked behind the scenes to publicise Purcell as a Midwestern rustic lacking sophistication and understanding of elite financial markets.[2] [3] Their efforts were aimed at restoring the ethical foundation of the firm and resulted in the triumphant return of John J. Mack to do "first class business in a first class way".[4]
—The New York Times[5]