Morgan Stanley Director Erskine Bowles calls for cutting Social Security and Medicare
Morgan Stanley Director Erskine Bowles, along with his sidekick former Senator Alan Simpson, once again used the Washington Post oped page to call for cuts to Social Security and Medicare.
Morgan Stanley has cut 200 staffers from its brokerage department, the latest round of cutbacks as the big Wall Street firm completes the merger of its brokerage sales force with the Smith Barney brokerage unit, FOX Business Network has learned.