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Morgan Stanley Went Big on DEI, and No One Is Happy About It - WSJ

1. Morgan Stanley faces internal criticism and lawsuits over its diversity initiatives. 2. Diversity hiring programs have drawn accusations of unfair treatment and underpayment. 3. The firm is scaling back diversity efforts amid political and legal pressures. 4. Recent Supreme Court ruling impacts diversity hiring policies at major corporations. 5. Executives reassure staff of commitment to diversity within legal boundaries.

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FAQ

Why Bearish?

Ongoing lawsuits and internal strife may negatively affect investor confidence in MS, reminiscent of prior settled lawsuits in 2008.

How important is it?

The article highlights significant issues regarding Morgan Stanley's internal governance that can influence stock performance.

Why Short Term?

Employee dissatisfaction and public perception could quickly impact stock performance and investor sentiment.

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