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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 institution, for irrelevant habits, a spokeswoman mentioned on Thursday.

FILE PHOTO: Harold Ford Jr takes section 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 widespread visitor on information and finance TV displays, served 5 phrases within the U.S. House of Representatives for Tennessee’s ninth district sooner than becoming a member of Morgan Stanley in 2011.

Morgan Stanley spokeswoman Margaret Draper mentioned Ford was once let move for “conduct inconsistent with our values and in violation of our policies”.

Ford didn’t in an instant reply to requests for remark.

The information of Ford’s departure was once first reported by means of the Huffington Post, which cited interviews with an unnamed lady who claimed Ford pressured her on an evening a number of years in the past.

The leisure and media industries and Congress have grappled with the way to cope with a string of harassment allegations in opposition to distinguished males.

Democratic Senator Al Franken resigned on Thursday after a sequence of sexual misconduct allegations in opposition to him.

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

Our Standards:The Thomson Reuters Trust Principles.

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