Climateer Quote and Headline of the Day Morgan Stanley Loses $9.4 Bil; Mack Gets Knifed

I must confess, I am a junkie for Weimar Berlin*. Well, the 1923 hyperinflation**, not so much.
New York Magazine gets credit for the headline and a tip for delivering the highlighted quote from the Wall Street Journal.

...And after Mack's announcement yesterday that Morgan Stanley would be taking a $9.4 billion write-down, the people are clamoring for a new sacrifice, and the writing is on the wall for John Mack. Also, it's in the papers.

"He's a chronic destroyer of value," Kevin Murphy, a retired Morgan Stanley airline analyst who recently sold his stock, told the Wall Street Journal today.

Here's Bobby Darin in 1959.
*Christopher Isherwood didn't meet Jean Ross, the inspiration for Sally Bowles, until 1931 and didn't get around to writing "Goodbye to Berlin" until 1939, by which time the Berlin scene had changed.
Here's Louis Armstrong and His All-Stars doing Cabaret
at Antibes, 1967.
**One of these days I'll post the best investments during a hyperinflation.