I saw this news item months back. InformationWeek writes about some alleged questionable behaviour inside Morgan Stanley. The magazine also carries an article on some mail exchange that is said to have happened with Morgan Stanley that relates to doing business with Wipro. I have read the article thoroughly and do not find anything incriminating about these two companies. I do know based based on market sources that this is at best a symbiotic relationship – both of them as far as I know do not enjoy exclusive relationships – they continue to pursue opportunities to work with each other competitors as well. What I found interesting in the article is the CXO level mail blocking that has happened there – so that CEO Phil Purcell, would receive E-mails from only their direct reports and Morgan Stanley board members. I find this obnoxious, so to say & am keen an answer comes to the question –“Whether cordoning off E-mail access in this way is a breach of Sarbanes-Oxley financial transparency rules – that appears to me as the only point to get discussed. (Some customary declaration :All that is written in this blog are purely my personal views).
Category :Emerging Trends, Email Revelations
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