Bonus Watch: Morgan Stanley and Bear Stearns Bonus Numbers Hit

Posted by John Carney, Dec 18, 2007, 10:47am

We've had word that Morgan Stanley and Bear Stearns had the bonus communications go out last night. Information on both is still sketchy and we'll update you as we get more details. (Send what you know to tips@dealbreaker.com or text it to our text tips hotline: 973-495-0177. We can be instant messaged at TheDealBreakers.)

We told that despite performance by Morgan Stanley's brokerage arm being up over 17 percent, the bonuses were much lower than last years. Bear numbers will also be lower but we're still compiling and collecting this information.

0Recommend this! 5Comments
Posted in: Bonuses

Comments

Posted by John Pierpoint Morgan, Dec 18, 2007 12:07PM

The silence is deafening...

Posted by anoymous, Dec 18, 2007 12:22PM

Goldman gave out numbers also, you know...

Posted by anon, Dec 18, 2007 1:09PM

talked to friend at MS in mortgage-backed securities. He said in lowly IT (works with traders though) he got decent bonus/comp (compared to the rather low numbers he was apparently expecting), but some higher-ups got somewhat screwed. Depends on how you define "screwed" when their bonus may be larger than your total comp, but anyway...

Posted by exgs, Dec 18, 2007 1:23PM

Goldman was maybe 15% more than last year, plus you still get a bump in the base

Posted by anony, Dec 18, 2007 5:42PM

who cares about the IT nerds... how did the excel nerds do???

Post Your Comment