Big Mack

Schneid-Off (or shout-out) to outgoing Morgan Stanley CEO John Mack who is passing on a year-end bonus for the third year in a row. It is certainly admirable that his firm is back to profitability and yet is still being responsible enough to given the political climate.

While I don't know a lot about Mack, I do wonder: Is this simply him being genuine or is it a veiled shot at Lloyd Blankfein at Goldman saying "Thanks for screwing this up for the rest of us." Thoughts?