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Morgan Stanley fires former lawmaker for misconduct

NEW YORK (Reuters) – Morgan Stanley (MS.N) has fired former U.S. Democratic lawmaker Harold Ford, Jr., a managing director on the Wall Street financial status quo, for beside the point behavior, a spokeswoman mentioned on Thursday.

FILE PHOTO: Harold Ford Jr takes segment in a panel dialogue titled “Dear Washington, Please Make Government Work Again. Sincerely, America” on the Milken Institute Global Conference in Beverly Hills, California May 1, 2012. REUTERS/Danny Moloshok

Ford, a in taste buyer on information and finance TV displays, served 5 phrases throughout the U.S. House of Representatives for Tennessee’s ninth district faster than becoming a member of Morgan Stanley in 2011.

Morgan Stanley spokeswoman Margaret Draper mentioned Ford used to be as soon as once let switch for “conduct inconsistent with our values and in violation of our policies”.

Ford didn’t right away reply to requests for commentary.

The information of Ford’s departure used to be as soon as once first reported by way of the Huffington Post, which cited interviews with an unnamed girl who claimed Ford burdened her on an evening moderately a large number of years in the past.

The leisure and media industries and Congress have grappled with the way in which by which to maintain a string of harassment allegations towards remarkable males.

Democratic Senator Al Franken resigned on Thursday after a chain of sexual misconduct allegations towards him.

Reporting by way of Elizabeth Dilts and Kanishka Singh; Editing by way of Carmel Crimmins and Susan Thomas

Our Standards:The Thomson Reuters Trust Principles.

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