There's A Connection If You Want There To Be A Connection

Posted by Bess Levin, Dec 11, 2007, 10:18am

Morgan Stanley is now saying that there will definitely be a recession and there's nothing you can do to stop it so you might as well just give up. We're all going to die eventually, it's just a matter of when. Related/unrelated? At MS's IED party last night, "There was a slideshow on a large screen that contained awkward photos of associates and analysts (most people were not smiling)...a lot of Sean Paul...a MD walking around with a blinged out Santa hat giving his business card to anyone that would compliment his style...and one very sad analyst talking to the bartender about how even the low hanging fruit he hoping to score with wouldn't give him the time of day."

Morgan Stanley issues full US recession alert [Telegraph]
Recession Watch: Morgan Stanley Finally Sees Weakness [Alley Insider]

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Posted in: Ben Bernanke, Morgan Stanley

Comments

Posted by M o N, Dec 11, 2007 10:23AM

So true about the slideshow; champagne was a poor decision for a Monday evening

Posted by , Dec 11, 2007 10:37AM

IED? Imrpovised Explosive Device? Should I know what that acronym means?

Posted by , Dec 11, 2007 10:39AM

Institutional Equity Division

Posted by , Dec 11, 2007 10:39AM

IED: Institutional Equity Division

Posted by just me, Dec 11, 2007 10:43AM

why do these big companies force the drones to socialize with the chiefs? If i was a drone at ms, getting a day off or some more cash would be better than being forced to spend time with some jerkoffs who think they rule the world.

Posted by Jerk off who rules the world, Dec 11, 2007 10:52AM

Just me,
Did you think it was about you?

Posted by , Dec 11, 2007 11:15AM

If Ron Paul had been president, we wouldn't be in this mess right now.

Posted by pierre, Dec 11, 2007 11:19AM

who gives a shit about analysts? get me a coffee

Posted by mrpink, Dec 11, 2007 12:31PM

Screw the analysts, where's the FREE BOOZE?

Posted by A-Non, Dec 11, 2007 1:45PM

The fundamental problem with Wall Street. I myself am an associate right now, but to jerk off and pierre, who the F do you think you are? You've been around a little longer than the younger guys, you've seen more ups and downs, you've got greater tenure and experience. But where does that give you the notion that you can act like a total prik to everyone else?

I noticed this a lot in college while going through rush and pledging a frat. The guys who always came in to haze and F with the pledges were always the most insecure, pathetic, worthless people in the frat.

Posted by just me, Dec 11, 2007 2:38PM

A-Non -- But you still accepted their authority and did as you were told - perhaps you ARE the biggest loser of them all.

Posted by A-Non, Dec 11, 2007 2:50PM

Just Me,
I followed it, because I know that there is a lot more to the world of corporate finance, as there was to the world of fraternities, than just a couple insecure toolbags.

Posted by , Dec 11, 2007 2:57PM

Just me: surprised at you, cause A-Non is totally correct here. For the chance at a fat paycheck or lots of good partying, you can tolerate a few losers. It certainly doesn't mean you're a loser yourself. And if it becomes overwhelming, you move on.

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