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A Message from Philip J. Purcell, Chairman and CEO, Morgan Stanley.


Business Editors

NEW YORK--(BUSINESS WIRE)--Sept. 11, 2001

Philip J. Purcell Philip J. Purcell headed Sears' 1981 acquisition of Dean Witter, helping to create the Discover Card. After Morgan Stanley merged with Dean Witter Reynolds in 1997, Purcell replaced Morgan Stanley's John J. Mack as CEO. , Chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of Morgan Stanley To comply with Wikipedia's , the introduction of this article needs a complete rewrite. , today issued the following message to staff and clients.

We are all saddened and outraged by the attack on America today, and extend our deepest sympathies and prayers to all the people affected.

As you have seen in media reports, two towers of the World Trade Center have collapsed after a series of explosions. We have limited information about the disaster beyond what has been reported in the news. Our immediate focus and concern are for the well-being and safety of Morgan Stanley employees. Some 3,500 people working for Morgan Stanley's individual investor businesses were based in the World Trade Center complex and we are working diligently dil·i·gent  
adj.
Marked by persevering, painstaking effort. See Synonyms at busy.



[Middle English, from Old French, from Latin d
 with local authorities to determine the facts regarding their safety. A call center has been established for employees and their families at 1-888-883-4391.

We want our clients to know that, in spite of in opposition to all efforts of; in defiance or contempt of; notwithstanding.

See also: Spite
 this tragedy, all of our businesses are functioning and will continue to function. We are committed to resume full operations as exchanges and markets reopen re·o·pen  
tr. & intr.v. re·o·pened, re·o·pen·ing, re·o·pens
1. To open or be opened again: Officials reopened the airport after the snow was cleared. Schools reopen in September.
.

All our clients should rest assured that their assets are safe. If you are concerned about specific positions or operations, you should call your established contacts.

We will be regularly updating all relevant Morgan Stanley web sites as information becomes available.
COPYRIGHT 2001 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Sep 11, 2001
Words:225
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