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In page Morgan Stanley:
"The firm was led by Perry Hall, the last founder to lead Morgan Stanley, from 1951 until 1961.[5] During this period, the firm co-managed the World Bank's triple-A-rated bonds offering of 1952,[6] as well as coming up with General Motors' US$300 million debt issue,[citation needed] US$231 million IBM stock offering,[citation needed] and the US$250 million AT&T's debt offering.[citation needed]