Latest Legal News: Shareholders Sue Morgan Stanley Over Exec Pay


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Hey Banks, It's Capitalism 101: Run the Company for Shareholders, Not Employees

Think taxpayers are mad at big banks taking corporate welfare checks, er, bailout money, and spending it on their executives with a glee that would shame President Ronald Reagan's mythical Cadillac-driving welfare queen? Shareholders at Morgan Stanley (MS) are so fed up with with the big payouts in 2006, 2007 and 2009, they're suing to get the money back.