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7/24/2006
Morgan Stanley Chief Exec Questioned in Pequot Capital Probe
Morgan Stanley Chief Executive Officer, John Mack remains at the center of insider trading allegations that continue to dog hedge fund, Pequot Capital Management. Former SEC Investigator Gary Aguirre has alleged that Mack was amongst the high-level personnel SEC officials dissuaded Aguirre from interviewing prior to his departure from the commission. Mack has been fingered by Aguirre as one who tipped off Pequot regarding General Electric's acquisition of Heller Capital. Prior to joining Morgan Stanley, Mack worked for Pequot briefly and is friends with Pequot founder, Arthur Samberg.

More here on Mack's date with the SEC and for more on Aguirre, try Wall Street Folly.

-- MDT

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