Glass-Steagall 
Morgan Stanley joke I guess
The thing is that Morgan Stanley was founded 2 years after Glass-Steagall passed so yeah it didn't exist at the time so his joke isn't very accurate. I mean it 'broke off' JP Morgan because of the act but you can't speak about MS saying it was relevant before it even existed.

Morgan Stanley joke I guess
The thing is that Morgan Stanley was founded 2 years after Glass-Steagall passed so yeah it didn't exist at the time so his joke isn't very accurate. I mean it 'broke off' JP Morgan because of the act but you can't speak about MS saying it was relevant before it even existed.
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