Morgan Stanley CEO: 'Clearly at a recovery point'

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Morgan Stanley CEO: 'Clearly at a recovery point'

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Morgan Stanley CEO: 'Clearly at a recovery point'

by CNBC Videos 8:29 mins

Shares of Morgan Stanley are hitting a 2 and a half year high today. CNBC's Mary Thompson is joined by James Gorman, CEO of Morgan Stanley, to discuss huge bets on the brokerage business and the chance of another financial crisis.

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