http://www.msnbc.msn.com/id/23630319/
It seems the investment house that called for DHL's complete withdrawl from the U.S. has their own problems. Makes you wonder how many other companies they raised a red flag on.
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Bear and Stearns
Started by chi705, Mar 16 2008 04:44 PM
1 reply to this topic
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Posted March 16 2008 - 08:57 PM
It's also interesting to note that the other investment firm that called for DHL's withdrawal- Morgan Stanley, had Zumwinkel on its board of directors.
This is a portion of an article that was written in 2004:
Morgan Stanley Elects Dr. Klaus Zumwinkel to its Board of Directors
Publication: Business Wire
Date: Wednesday, January 7 2004
Business Editors
NEW YORK--(BUSINESS WIRE)--Jan. 7, 2004
Morgan Stanley (NYSE: MWD) announced today that Dr. Klaus Zumwinkel, chairman of the board of management of Deutsche Post AG, has been elected to its board of directors. Dr. Zumwinkel has headed Deutsche Post AG since 1990. Deutsche Post is a $49 billion ( EUR39 billion ) global corporation headquartered and listed in Germany, with diversified operations including postal mail, express mail, logistics and financial services.
Dr. Zumwinkel replaces Edward Brennan, who resigned from the Morgan Stanley board last year after he was named executive chairman of AMR Corp., parent company of American Airlines.
"We are enormously pleased that Dr. Zumwinkel will serve on our board," said Michael A. Miles, chairman of the Nominating and Governance Committee of Morgan Stanley's board of directors. "Both men are highly esteemed in their fields.
They are proven business leaders, each with the international perspective befitting a global financial services leader."
This is a portion of an article that was written in 2004:
Morgan Stanley Elects Dr. Klaus Zumwinkel to its Board of Directors
Publication: Business Wire
Date: Wednesday, January 7 2004
Business Editors
NEW YORK--(BUSINESS WIRE)--Jan. 7, 2004
Morgan Stanley (NYSE: MWD) announced today that Dr. Klaus Zumwinkel, chairman of the board of management of Deutsche Post AG, has been elected to its board of directors. Dr. Zumwinkel has headed Deutsche Post AG since 1990. Deutsche Post is a $49 billion ( EUR39 billion ) global corporation headquartered and listed in Germany, with diversified operations including postal mail, express mail, logistics and financial services.
Dr. Zumwinkel replaces Edward Brennan, who resigned from the Morgan Stanley board last year after he was named executive chairman of AMR Corp., parent company of American Airlines.
"We are enormously pleased that Dr. Zumwinkel will serve on our board," said Michael A. Miles, chairman of the Nominating and Governance Committee of Morgan Stanley's board of directors. "Both men are highly esteemed in their fields.
They are proven business leaders, each with the international perspective befitting a global financial services leader."
