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Morgan Stanley Working to Stem Broker Revolt

Charles Gasparino

Morgan Stanley's wealth management chief, Greg Fleming, has just concluded a seven-city tour of the firm’s brokerage offices in an attempt to stem a broker revolt over the company’s new technology system that contains so many glitches that brokers often cannot sign-up new clients, the FOX Business Network has learned.

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Bill Gross Interview Pic

Bill Gross is a Volcker careerist: Fund manager

Bond guru Bill Gross has benefited from U.S. monetary policy for the last 30 years and is unaware that the environment that made him successful has radically changed, a fund manager told CNBC on Thursday.