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Morgan Stanley Star Analyst Resigns

October 2, 2006

Morgan Stanley Star Analyst, Andy Xie has resigned. Recall he is the same guy who came on CNBC TV-18 in June-06 and created panic amongst Indian investors by telling that the Indian Stock Market was headed towards a bear phase. I had strongly opposed his reactions then because he was very immature to have made such an ir-responsible statement.

Subsequently the Indian markets bounced back and Morgan Stanley Revised India’s GDP upwards on Sept-2. And exactly a month after this, he resigned. Maybe Andy Xie didn’t want to face the embarrassment from his peers during peer review which come up at the end of every quarter in MNC firms. Did Andy deserve to be a STAR at all ? You know better 🙂 Good Luck for your future Andy!!!

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