WHY NOT EMBRACE CHILD ABUSE AS WELL? - AT 7:27 A.M. ET: 

May 23 (Bloomberg) -- Morgan Stanley, the sixth-biggest U.S. bank by assets, will increase some executive salaries and double Chief Financial Officer Colm Kelleher’s pay as bonuses come under scrutiny from the Obama administration and lawmakers.

The majority of executives will get raises, according to a person briefed on the decision. Chief Executive Officer John Mack’s base salary is unchanged this year, according to a regulatory filing yesterday.

COMMENT:  Great sense of public relations, ay?  These guys never cease to amaze me.  Look, maybe they deserve the coins, but there's a time and a place, and a right way to do it.  With people really hurting out there, they could have deferred this and shown respect for public concerns.

May 23, 2009