With Mr. Purcell 's new focus on loyalty -- Mr. Pandit was forced out because he declared his fidelity to Morgan Stanley , not Mr. Purcell -- and the rapid promotion of Stephen S. Crawford and Zoe Cruz to co-presidents , many investment bankers claim that the firm 's spirit of meritocracy is fading .
Zoe Cruz /business/person/company Morgan Stanley
IN NNP NNP POS JJ NN IN NN : NNP NNP VBD VBN RP IN PRP VBD PRP$ NN TO NNP NNP , RB NNP NNP : CC DT JJ NN IN NNP NNP NNP CC NNP NNP TO NNS , JJ NN NNS VBP IN DT NN POS NN IN NN VBZ JJ .
Zoe Cruz
PERSON
Morgan Stanley
PERSON
/business/person/company