Rolling Stone: The Real Housewives of Wall Street – Why is the Federal Reserve forking over $220 million in bailout money to the wives of two Morgan Stanley bigwigs?
…In August 2009, John Mack, at the time still the CEO of Morgan Stanley, made an interesting life decision. Despite the fact that he was earning the comparatively low salary of just $800,000, and had refused to give himself a bonus in the midst of the financial crisis, Mack decided to buy himself a gorgeous piece of property