Phil purcell's credibility crisis

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Phil purcell's credibility crisis

机译：菲尔·珀塞尔（Phil Purcell）的信誉危机

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FOR YEARS,MORGAN STAN-ley Chief Executive Philip J.Purcell seemed invincible.The bank's return on equity and profits soared past most of its peers'.So did the stock price,which reached 109 on Sept.11,2000.Wall Street adored its one-stop-shop model,created when Dean Witter-with its retail brokerage network and Discover credit-card operation-bought Morgan Stanley and its storied investment bank in 1997.Everything was going PurcelPs way.

机译：多年来，MORGAN STAN-ley首席执行官Philip J.Purcell似乎立于不败之地。该银行的股本回报率和利润已经超过了大多数同行。股票价格也因此飙升，该股价在2000年9月11日达到109。它的一站式购物模式创建于1997年，当时Dean Witter凭借其零售经纪网络和Discover信用卡业务收购了Morgan Stanley及其有传奇意义的投资银行。

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《Business week》 |2005年第3925期|p.96-98|共3页
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正文语种 eng
中图分类贸易经济;
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Phil purcell's credibility crisis

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