Morgan Stanley banker who lifted hedge funds from ‘kiddie table’ with stock tips

Morgan Stanley banker who lifted hedge funds from ‘kiddie table’ with stock tips

For years, hedge funds knew that one man at Morgan Stanley could make them millions. A big block of shares would come up for sale, and block-trading head Pawan Passi would tip off the funds. One even told Passi he had put that investor “in the game” (adding a colorful modifier) and that the investor … Read more