Morgan Stanley PAC now returns to its normal activity

Jonathan D. Salant reports that now that Morgan Stanley has repaid its TARP funds, the firm’s PAC has resumed making contributions.

The PAC had ceased making campaign contributions until Morgan Stanley repaid $10 billion in June under the Troubled Asset Relief Program. After making no donations during the first six months of this year, Morgan Stanley gave $157,500 between July 1 and Sept. 30, including $120,000 in September.

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