I owe someone a hat tip on this, I'll figure out where we got it and come back with the link.
From Business Insider:
Morgan Stanley Is Holding A Firm-Wide Conference Call To Blame The Facebook IPO Scandal On... Me (!?)
A source close to Morgan Stanley tells me the firm is holding a firm-wide conference call at 4PM New York time today to discuss the firm's role in the burgeoning Facebook IPO scandal.
Another source close to the firm reports that Morgan Stanley has already held at least one such call... and that, during that call, my name came up repeatedly.
I don't yet have detailed information about what was said on the prior call, but the gist of it, apparently, was this:
- Morgan Stanley followed all the applicable rules and regulations in the Facebook IPO
- Henry Blodget is a disgraced former-analyst-sleazebag-turned-bloviator who is just trying to whip up a scandal out of nothing.