Morgan Stanley: Something Something Something Up Front, Sweatshop In The Back

Posted by Bess Levin, Dec 18, 2007, 1:07pm

Not surprising given that John Mack used to work at a Gap, but:

"MS bonuses- a few of the high visibility/revenue guys were up as much as 20 percent but, broadly, most YE bonuses were -10 percent vs. 2006 for those in the highest tier in terms of performance appraisal. This applies to wealth management."

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Posted in: Morgan Stanley

Comments

Posted by , Dec 18, 2007 1:58PM

that headline makes me smile.

Posted by , Dec 18, 2007 2:19PM

moi aussi

Posted by , Dec 18, 2007 2:31PM

me 3

Posted by merrill, Dec 18, 2007 3:19PM

Mack's over=rated

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