Morgan Stanley Chairman and Chief Executive Officer John Mack will not accept a bonus for 2009, which may be the first year in which the firm reports an annual per-share loss as a public company.

Mack, who will hand off his CEO job to James Gorman at the end of the month, told employees in a memo Friday that was confirmed by spokesman Mark Lake. Mack also gave up his bonus in 2007 after the firm posted its first quarterly loss and last year, when Morgan Stanley accepted a government bailout.

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