Apparently cuts are going down in institutional equity trading, and there is a HR representative in “fuck me boots” (though in this case I guess it’d be “fuck you” footwear) lurking around the fifth floor of 1585.
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Can I get a standing ovation for John mack for driving the company into the ground upon his triumphant return?? Didn’t think so
Pics or BAN
@1, I don’t know who you are, or what age you are – but maybe on the “Layoffs Watch” posts, where people are losing their jobs and have a long frustrating search ahead of them – you can do something more than just announce how fast you can type “first” and hit “Post Comment”.
@4:
yeah, like post pics of said HR flack…
@4, must work at MS
Chicago as well. CME
I know the HR chick – decent broad but her legs can look a little thick at times. More cushin’…
Hmm weren’t we just talking about what a shit firm Oppenheimer is in another thread? Wonder what Meredith Whitney has to say on this subject matter:
WSJ(11/19) State Says Executives Sold Before Mart Froze
Tuesday, November 18, 2008 7:31:54 PM
Provided by: Dow Jones
(From THE WALL STREET JOURNAL)
By Jennifer Levitz
Massachusetts’ top securities regulator accused executives of a New York unit of Oppenheimer Holdings Inc. with “unloading” $3 million of their personal holdings in auction-rate securities in the two weeks before the market for the investments imploded in February.
The state’s civil-fraud complaint seeks to fine the Canadian company’s money manager, Oppenheimer & Co., and three of the unit’s officials, including the chief executive officer and chairman, Albert Lowenthal, and his son, Robert, a senior managing director. The complaint also names two other executives who sold auction-rate securities but doesn’t seek fines against them.
Massachusetts Secretary of State William Galvin, in an interview, said the executives “betrayed the trust of their clients.” He alleged they kept their clients “in the dark, even as they, themselves, got out of that tottering market.”
In a statement, Oppenheimer denied the allegations and said it intends to “vigorously defend itself.” The company said that “while there were sales by executives of auction-rate securities, there were also executive purchases during this period and these same executives continue to hold millions of dollars of auction-rate securities.” Oppenheimer said it continues to work with regulators and “financing sources” to find “a means for its clients to find liquidity from their auction-rate holdings.”
The complaint is part of a crackdown this year on Wall Street sellers of the arcane auction products — debt instruments that some brokers peddled as liquid, cash-like investments. The rates had been reset weekly or monthly in auctions conducted by Wall Street firms. But in the second week of February, dealers stopped supporting the market with bids. Customers couldn’t sell the investments, which plunged in value.
Mr. Galvin’s office gathered testimony and sale records, which said that as Oppenheimer officials discussed problems in the auction-rate securities market, several sold personal holdings between Feb. 1 and Feb. 12. The market collapsed between Feb. 12 and Feb. 14. In Massachusetts, Oppenheimer customers with 176 accounts were unable to access nearly $56 million, and many still can’t, Mr. Galvin said.
The state wants Oppenheimer to repay customers who sold at a loss and to make whole those who can’t sell. The state is also seeking a formal censure of the firm, as well as fines for Albert and Robert Lowenthal and for Greg White, managing director of the firm’s auction-rate securities division. Regulators also want to revoke the state broker-dealer registration of the senior Mr. Lowenthal.
Albert Lowenthal and Mr. White didn’t return phone calls seeking comment. Robert Lowenthal referred a call to Oppenheimer’s spokesman, who declined to comment beyond the company’s statement.
More than a dozen banks and securities companies have reached agreements with regulators in recent months to repurchase more than $50 billion in auction-rate securities at par, from mostly retail and smaller investors. The agreements settle allegations that the banks made misrepresentations in their marketing and sales of the securities.
@6: @4 here. I don’t work at MS, but do have several friends who do. Feel really bad for all these layoffs – this round is deep and there is basically no one hiring.
someone post some pics from MS would you?
Guess they won’t be playing ‘Return of the Mack’ again over there anytime soon! Even though the chorus is something those getting laid off can identify with….
(“You lied to me) all those times I said that I love you
(You lied to me) yes, I tried, yes, I tried
(You lied to me) even though you know I’d die for you
(You lied to me) yes, I cried, yes, I cried”
http://www.youtube.com/watch?v=uB1D9wWxd2w
I told you Wednesdays are the layoff day of choice at MS!
@7, equities in Chicago is at the CBOE building (440 S LaSalle, not the CME.) Are they cutting futures people at the CME though?
What is up with HR people? Can anyone explain where and how they attained skills to complete W9 forms? Is there a university program for this?
Is the HR Bimbo the last to leave or will Mack turn out the lights?
John Mack is the worst CEO ever-completely F’d up MS and ran it into the ground.
If they would’ve let Notre Dame grad Phillip Purcell alone, the company would be #1 on the street.
The board of MS gets what they deserve.
I hope she has a leather whip too. At least make the pain pleasurable.
Hmmmmm….HR Rep in Black Leather Fuck Me Boots (with straps and buckles no doubt)cruising the halls and looking for blood to drink from unsuspecting trader corpses. Is this the New Black in layoff chic?
@9 too long, didn’t read.
@7 -
Yes, I saw a couple of ‘missing’ folks on the floor this morning here in Chi.
-mrp
HR are subhumans.
@12 touche.
@12 touche touche
I can confirm this woman is in knee high boots, she’s not that pretty though
@4/@10 – Layoffs deep everywhere. Friend at Citi says current 30% cuts in IBD are on top of 25% already whacked this year. Down 50% is the new stayin’ in business. Ouch.
Someone post a picture of the HR messenger of death at MS!
Calm down…..
I have been in IB for 18 yrs at 3 bulge, and rarely are HR chicks ever HOT
They use every trick in the book to look slutty…b/c they know they are the only females around for the prisoners
As pointed out by the dude above she has thunder thighs
Black boots could make Hillary’s canckles look bangable
Little do you know this HR Chick AIN’T A CHICK, there’s a little surprise under there!
Do you think HR mgt gives the underlings the heads up to dress like hundreds of angry dudes are going to be staring at you all morning so give em a little sumthin to look at before we kick them in the bags?
@28 – FINKLE IS EINHORN! EINHORN IS FINKLE!
EINHORN IS MAN!!!!!!!!!!!!!!!
cue Crying Game music…
Isn’t it “Come Fuck Me Boots”?
@30..great movie quote from Ace Ventura…I can never get enough…somebody please send a picture for #26 before he jumps outta a window
@14 – One senior futures guy that I know of for certain. They pretty much shut down the equity sales & trading team in Chgo. From what I hear, the severance packages were the worst to date. All the depth is gone. What’s left (those making the decisions)are the bottom of the barrell. The surviving middle managers are struggling to get as far up sr. management’s butts as they can. These remaining managers are the ones putting people’s names in the hat! The place is going to implode.
SAY HELLO TO CAPTAIN WINKIE!!!!!!
Our HR Manager reports that at her master’s level HR classes the student body consisted of flamingly gay men and bitter, mean-looking middle-aged women.
Fortunately, she is the exception that proves the rule. I’d buy her a new pair of knee-high (Hell, THIGH-high) boots once a week, if she’d wear them around the office. Yum.
Flaming Gay Man Messenger of Death….send him over to GS now!!!!!
ALL of structured credit gone.
@37: How many people were in that group?
@ 4 – Sack up. If you step up to the craps table and play the game – you face the risk of going down. I got whacked a month ago and I’m not feeling sorry for myself.
Any word on Frontpoint?
@37: These cuts are in the Equity division. There’s no structured credit in IED.
Anyone know about Prop?
im from ms….are the hr girl’s initials jw? shes pretty cute, and fits the above description quite well.
You guys need to take a picture of this girl
I got layed off awhile ago from a BB, was unemployed for a long time, ran up debts, and am now working at a boutique bank. Ideal? Hell no, but it’s a job. People need to stop whining. It’s okay to have a little sympathy, but let’s keep things in perspective, this is a high-risk, high-reward industry. It is what it is.
At least those that are layed off have skills and an education to pick up somewhere else. It’s not like the janitor or HR rep are getting layed off.
Institutional equities whacked?! Are there ANY firm traders making money today?
prop desk down to almost nothing. petie muller now playing in subway station again; this time not turning away the quarters dropped in his case.
@45 the folks at commodities are straight up balling
@42…yup that be her!
You can see the ever slight outline of her g string too…
@48
You are killing me smalls….get a pic
All – If you are getting fired, please send in a picture of the HR chick. You are getting fired, what do you care?
@47-
My friend is in Commodities at MS.. They are, indeed.. Balling.
-mrp
U can’t touch me!
HR Girl With Fuck Me Hard Black Leather Boots Walking The MS Halls
(they just told me to go down to the 3rd floor after lunch)
@30..great movie quote from Ace Ventura…I can never get enough…somebody please send a picture for #26 before he jumps outta a window
#40 – Thursday
How about merchant banking? They must be getting purged as well?
@ 42 or 48
post her shortname or cost center. i need to look this chick up
just go on /n and do an email group list search for hr
42 here. i was a summer analyst…i wont be back at 1585 till next summer. i’m also not gonna post this girl’s last name, but i’ll still be amused if someone takes a pic
it’s gonna be a tough christmas/channukah/kwanza.
to make you laugh while you look for work, go to the 6 figure jobs listing or the ladders listing on this hilarious site:
http://www.iget2work.com
if you don’t find a job, at least you’ll be laughing at stuff that’s not stoopid.
52,000 yesterday….100,000 tomorrow.
too many ‘zeros’!
got canned today from IED..was an ED there
the HR was Jeannette Gamble (not sure of the spelling of the first name..but second name spelling is correct for sure)
Severance is OK but I am not sure what lies ahead
This is shit life for sure
MS peeps, initials are JW she’s in HR at 1585…do some DUE DILIGENCE and send pic to Bess to post.
You sure its Gamble? I thought her last name started with a W, no?
#6o here
yes ..search for last name as “Gamble”
Bloody hot Irish bitch
there is a really cute blonde trader at MS, wears glasses sometimes for that intellectual look….hope she is ok
This is pretty despicable, so there are plenty of women at firms who are going for the low hanging fruit (aka you guys who can’t find a chick outside of work) and dress accordingly. You shouldn’t post names. There are some people in HR who are good at their jobs who have had many a miserable day lately. It’s not fun being on the other side of the table telling someone they are fired- oh and FYI its your bosses decision to fire you to some degree so take you revenge fantasies up with them as well.
@65 We aren’t picking on her
There was this big homo guy in LN IT
i think his name is Adam Williams.
(LAN ID : williamsa)
Hope he is ok.
he has done some great service for New yorkers who visit london
Gambles on Fbook, and shes a pig. Think outside of the box fools….
there is a really cute blonde trader at MS, wears glasses sometimes for that intellectual look….hope she is ok
http://www.linkedin.com/pub/4/213/b07#h156-683
Here’s the Linked In profile.
jacqueline waugh.
jacqueline waugh. very cute.
holy cow.
Adam williams – yes. he used to get us dope when we visit there.
He is still with the company
can anyone confirm his MS ID pls ?
42 again. waugh is correct.
Any word on cuts in Compliance/Legal?
@75…no Corp Security is strong – lot of fuckers being investigated.
http://www.bloomberg.com/apps/news?pid=20601087&sid=aHVU8MCjwZOQ&refer=home
some of you are real fucking idiots. I work at Oppenheimer and it is one of the best places to be right now – none of the BS that is going on at GS, MS, JPM, etc.. People can’t send their resumes quick enough to us.
can anyone confirm if my darling Adam William is still sitting in MS and dickign around ?
Adam Williams.
(LAN ID : williamsa)
@79: since it’s 7:30 at night in London, I don’t think you’ll know until tomorrow.
Does every MS HR person have a first name with a “J” like the Duggar family?
some of you are real fucking idiots. I work at Oppenheimer and it is one of the best places to be right now – none of the BS that is going on at GS, MS, JPM, etc.. People can’t send their resumes quick enough to us.
@78
be careful what you wish for, when quality people start applying your boss won’t know how quick to fire you!
80 its 6.30 here. I would be afraid for hr if i were you…
has DB’s collective IQ dropped to that of a large primate’s?
@81 See post #9. You work for a boiler room dressed up as a real firm. Run by a deceitful cheap criminal by the name of Bud Lowenthal.
Wake up, the only reason people work at Oppenheimer is because they can’t get hired anywhere else!
Look at the people at 125 Broad Street – Case in point!
Anyone working at MS check out the hot Asian chick Mary Tsai.
Oppenheimer is the worst bottom feeder on wall street. The equivelant of plankton in the scheme of things.
I hear their offices smell like the bottom feeders that they are too! irca 1965 decor.
@84 more like medium size reptiles with an emotional depth to match it
how does one post pics? i have some.
@89 excellent send them to Bess
@86…she gobbles the goo.
MS has now blocked Dealbreaker.com from internal access. Took them long enough.
you can try trading sport stocks on oneseason.com
@86…she gobbles the goo.
@92 well you know what happens shortly after a firm does that right?
Can you say OUT OF BUSINESS?
@86…she gobbles the goo.
I love when people look down on other firms on the street as “not elite enough”
You know how fucking stupid that sounds right now given how many of the “elite” firms suck cock?
Id rather work for Stifel or RayJay then MS right now. Good riddance you elitist fucks.
@89- tips@dealbreaker.com
Oppenheimer is everyone’s last stop on the Street, they go there to retire. Its a horrible place to be, and yet #79 feels the need to dance on graves…you are despicable. #79 is about as classy as Bud and Rob Lowenthal.
Oppenheimer is everyone’s last stop on the Street, they go there to retire. Its a horrible place to be, and yet #79 feels the need to dance on graves…you are despicable. #79 is about as classy as Bud and Rob Lowenthal.
@99
Oppenheimer is the dirtiest little whore house in town!
@27 My sister works in HR and she’s hot…what the?
@97
you really need to work on your self esteem.. girls don’t like guys whithout selfrespect.
@99
Bud & Rob Lowenthal = inbred freaks.
@97 shut the fuck up, you sound retarded. you’d kill to be at the house of morgan
OPCO is so dirty and disgusting i don’t even want to trade with them for fear of contracting a disease let alone work there!
Jeannette Gamble’s Myspace:
http://www.myspace.com/irishgrumbles
@97 if you just obtained your GED maybe you could work somewhere other than Oppenheimer. Don’t be so angry if it wasn’t for Bufd you would probably working sanitation on the night shift.
What about IT?
What the fuck is happening at merchant banking?
Sounds like Jeanette Gamble should be working at Oppenheimer!
Does that little slut Sherrie Beehler still give blow jobs to all the dirty old men at Oppenheimer? She was on quite the roll for a while there all those BJs never got her past being an assistant though!
@112…she gobbles the goo.
Oppenheimer sounds like something the Nazi’s invented to suck the juice out of the Adolf H’s cock.
@114…no that is Allianz you are thinking of.
Oh well, MS is now blocking DB, it’s been fun.
Ah der Allischwanz!
@113 some things never change!!
Need more Jeanette input, we gotta see the money shot and the fuck-me boots..
http://a340.ac-images.myspacecdn.com/images01/3/l_cf80afa0ae2b811011abd4999dbba923.jpg
Bess won’t post a picture of the HR chick. I wish she would. Whoever has it needs to post it someplace else and then post a link to it.
you guys can upload it to tinypic.com
@118…poop chute riots!
@120…not even just from the knees down so we can see the boots???
Damnit Bess – give us something good today! I need something to tape to my tin cup!
@119…left or right?
@123
Right (obviously)
@123…right, she jerked off a trader in a supply closet over the summer.
right…people said she was blonde
god damn that bitch is as gnarly as Alf, if I’d see my dog trying to hump that I’d kick him off!
@119
THAT is what we’ve been talking about all afternoon?? Yikes…she’s not even close to hot. We need a shot of the fuck-me boots or this whole day is a loss…
Jeez they have a teenie bopper handling their layoffs??? Things must be really desperate at MS!
@129…better than some old hag.