Wall Street old-timers: Grey-haired panthers of finance

In the old days, when a gentleman concluded a brilliant career on Wall Street or in the City, he gracefully retired to the golf club or country estate. Nowadays, it seems, retirement means getting back to work. The most contentious deals roiling the financial industry today all seem to involve former senior executives who have leapt out of retirement to tell their successors how to do things. Morgan Stanley’s dissident shareholders started the trend when they came out waving their canes at the ...