New York Times Families to Morgan Stanley: This is your punishment for saying those bad things about us

The Ochs and Sulzberger families who control The New York Times company, has pulled a truck load of their assets from Morgan Stanley to be dumped at another institution due to the fact that they were not pleased with what Morgan Stanley had to say about the ownership structure. God these media people are like big babies. Bite it and swallow it Ochs' and Sulzbergers. New York Times Chairman Arthur Sulzberger Jr. is retaliating against Morgan Stanley Investment Management's public criticism of the share structure that gives the Ochs and Sulzberger families control of the third-largest U.S. publisher. Jim Wiggins, a spokesman for Morgan Stanley, wasn't immediately available to comment. Hassan Elmasry, a managing director at Morgan Stanley's investment arm, took his campaign public in April, releasing a letter to the New York Times that said its reliance on two classes of stock means executives don't have to answer to investors. New York Times Families Withdraw Morgan Stanley Funds [Bloomberg]