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[qqqbear]

One Wall Street Sage Who Got it Right
Morgan Stanley's Stephen Roach saw the rumblings of the financial crisis before most
By Brian Bremner

In this season of unbridled public rage directed at Wall Street, it is worth taking a moment to mark the exit of Stephen Roach from the gladiatorial world of high finance.  Morgan Stanley’s former chairman for Asia and chief economist is retiring from the firm, leaving the red-in-tooth-and-claw profession of investment banking for the red-in-tooth-and-claw groves of academe, according to a memo release on Feb. 16 by Morgan Stanley CEO James Gorman. In a industry brimming with cable TV carnival barkers, Roach stands out for his wry humor and cool stock-taking of the big macro trends of the day.

http://www.businessw...t-02162012.html