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CNN CNN Newsroom May 23, 2012



ipos. so to your point here, faith in the market, assuring every investor. what is your assurance? right now here on national tv to all investors? all clients here on the market. the only way you can get assurance is by facts. we had a history in dealing with facts. that s why we fined goldman $10 million. they had a cat gorization called huddles withes in tors. and with analysts and traders. we 23450ed to get to the facts. that can only get done on the record. and with documentary evidence, it s imperative that morgan stanley respond immediately so they can clear the air here. if there s something to be pursued, we will pursue it. based on what you know, how would you characterize that? of great concern, obviously. i testify before the financial services committee before the house just last thursday before this issue is out, i raised issues then about procedure. here we are, billions of dollars, at least based on the current trade, i know it s up a little bit t ....

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CNNW CNN Newsroom May 23, 2012



we re not interested in assertions or rumors or anything else. i don t want to speculate eith either, so i m going to move you past that. people are throwing out this phrase, insider trading. these are just allegations. but could this, based upon what you know, might this lead to might this be akin to insider trading? well, it could be. spends on the specifics of the facts. what is a greater concern is different categories of investors. we need to be assured that every investor gets treated the same. everybody s money is just as good as everybody else s. people should not be treated as second class investors. here s what morgan stanley is saying. they re saying it follows the same procedures for the facebook offering that it follows for all ipos. so to your point here, faith in the market, assuring every investor. what is your assurance? right now here on national tv to all investors? all clients here on the market. the only way you can get assurance is by fac ....

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