Recovering crack addict John Mack has requested that the board not pay him a bonus this year, for the third year in a row. Going out with a bang!
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- Use the Bloomberg command
NH BLG_DEALBREAKER <GO>
to access Dealbreaker
I would like to take this moment to wish Dan Loeb a Happy Birthday.
Defer bonus, keep retirement benefits. Solid move by J-Woww.
@2 this isn't a deferred bonus. he's asking not to get it at all
do i still get a bonus this year?
-vik
@2
Good call, Mack should definitely die his hair, install a tanning bed in his office, and embrace his inner guido (or whatever the lebanese version is)
John Mack is Xerxes.
John Mack is a Puerto Rican drag queen.
The board's not paying Mack a bonus, that's what's happening, that's the situation.
@3, poor wording on my part. you are correct. substitute refuse.
John Mack is a Fillipina.
John Mack is not Anal_yst.
J-Woww will spend his days in retirement at his villa overlooking seaside heights, pounding out guidettes.
Calling Mack a crack addict. Scheeze. What's next?
Hey Bess just putting it out there, a good ol Friday eating contest would be nice….im just sayin
Wow! No bonus for Mack. Let's see, he failed in an $11 Billion bet, almost took the whole the firm down, and now will score the first annual loss for the firm in its history.
How could the board give him a bonus???
Now he wants to play the Martyr? His reputation is crap!
John Mack is retiring to Jersey Shore, setting up tee-shirt business, and bringing in Chazz's kids to help run it in the summer.
@14 I report the news, I don't make it happen. Ball's in your court, Hoss.
I'll take that bonus. I love Disneyland.
Bess, I bet if you really wanted to, you could make news happen. I believe in your skills my little chalamala!
@2,3
His retirement package has been adjusted in the past when he received no bonus, so presumably it will be again. Purely a PR move.
I would like to take this moment to wish Dan Loeb a Happy Birthday.
I would like to take this moment to wish Dan Loeb a Happy Birthday.
I would like to take this moment to wish Dan Loeb a Happy Birthday.
I would like to take this moment to wish Dan Loeb a Happy Birthday.
I would like to take this moment to wish Dan Loeb a Happy Birthday.
I would like to take this moment to wish Dan Loeb a Happy Birthday.
Defer bonus, keep retirement benefits. Solid move by J-Woww.
Defer bonus, keep retirement benefits. Solid move by J-Woww.
Defer bonus, keep retirement benefits. Solid move by J-Woww.
Defer bonus, keep retirement benefits. Solid move by J-Woww.
Defer bonus, keep retirement benefits. Solid move by J-Woww.
@2 this isn’t a deferred bonus. he’s asking not to get it at all
@2 this isn’t a deferred bonus. he’s asking not to get it at all
@2 this isn’t a deferred bonus. he’s asking not to get it at all
@2 this isn’t a deferred bonus. he’s asking not to get it at all
do i still get a bonus this year?
-vik
do i still get a bonus this year?
-vik
do i still get a bonus this year?
-vik
do i still get a bonus this year?
-vik
do i still get a bonus this year?
-vik
do i still get a bonus this year?
-vik
do i still get a bonus this year?
-vik
@2
Good call, Mack should definitely die his hair, install a tanning bed in his office, and embrace his inner guido (or whatever the lebanese version is)
@2
Good call, Mack should definitely die his hair, install a tanning bed in his office, and embrace his inner guido (or whatever the lebanese version is)
@2
Good call, Mack should definitely die his hair, install a tanning bed in his office, and embrace his inner guido (or whatever the lebanese version is)
@2
Good call, Mack should definitely die his hair, install a tanning bed in his office, and embrace his inner guido (or whatever the lebanese version is)
@2
Good call, Mack should definitely die his hair, install a tanning bed in his office, and embrace his inner guido (or whatever the lebanese version is)
@2
Good call, Mack should definitely die his hair, install a tanning bed in his office, and embrace his inner guido (or whatever the lebanese version is)
@2
Good call, Mack should definitely die his hair, install a tanning bed in his office, and embrace his inner guido (or whatever the lebanese version is)
John Mack is Xerxes.
John Mack is Xerxes.
John Mack is Xerxes.
John Mack is Xerxes.
John Mack is Xerxes.
John Mack is Xerxes.
John Mack is a Puerto Rican drag queen.
John Mack is a Puerto Rican drag queen.
John Mack is a Puerto Rican drag queen.
John Mack is a Puerto Rican drag queen.
John Mack is a Puerto Rican drag queen.
The board’s not paying Mack a bonus, that’s what’s happening, that’s the situation.
The board’s not paying Mack a bonus, that’s what’s happening, that’s the situation.
The board’s not paying Mack a bonus, that’s what’s happening, that’s the situation.
The board’s not paying Mack a bonus, that’s what’s happening, that’s the situation.
The board’s not paying Mack a bonus, that’s what’s happening, that’s the situation.
The board’s not paying Mack a bonus, that’s what’s happening, that’s the situation.
The board’s not paying Mack a bonus, that’s what’s happening, that’s the situation.
The board’s not paying Mack a bonus, that’s what’s happening, that’s the situation.
The board’s not paying Mack a bonus, that’s what’s happening, that’s the situation.
John Mack is a Puerto Rican drag queen.
@3, poor wording on my part. you are correct. substitute refuse.
@3, poor wording on my part. you are correct. substitute refuse.
@3, poor wording on my part. you are correct. substitute refuse.
@3, poor wording on my part. you are correct. substitute refuse.
@3, poor wording on my part. you are correct. substitute refuse.
@3, poor wording on my part. you are correct. substitute refuse.
@3, poor wording on my part. you are correct. substitute refuse.
@3, poor wording on my part. you are correct. substitute refuse.
@3, poor wording on my part. you are correct. substitute refuse.
@3, poor wording on my part. you are correct. substitute refuse.
John Mack is a Fillipina.
John Mack is a Fillipina.
John Mack is a Fillipina.
John Mack is not Anal_yst.
John Mack is not Anal_yst.
John Mack is not Anal_yst.
John Mack is not Anal_yst.
John Mack is not Anal_yst.
John Mack is not Anal_yst.
John Mack is not Anal_yst.
John Mack is not Anal_yst.
John Mack is not Anal_yst.
John Mack is not Anal_yst.
John Mack is not Anal_yst.
John Mack is not Anal_yst.
John Mack is not Anal_yst.
J-Woww will spend his days in retirement at his villa overlooking seaside heights, pounding out guidettes.
J-Woww will spend his days in retirement at his villa overlooking seaside heights, pounding out guidettes.
J-Woww will spend his days in retirement at his villa overlooking seaside heights, pounding out guidettes.
J-Woww will spend his days in retirement at his villa overlooking seaside heights, pounding out guidettes.
J-Woww will spend his days in retirement at his villa overlooking seaside heights, pounding out guidettes.
J-Woww will spend his days in retirement at his villa overlooking seaside heights, pounding out guidettes.
J-Woww will spend his days in retirement at his villa overlooking seaside heights, pounding out guidettes.
J-Woww will spend his days in retirement at his villa overlooking seaside heights, pounding out guidettes.
J-Woww will spend his days in retirement at his villa overlooking seaside heights, pounding out guidettes.
J-Woww will spend his days in retirement at his villa overlooking seaside heights, pounding out guidettes.
J-Woww will spend his days in retirement at his villa overlooking seaside heights, pounding out guidettes.
J-Woww will spend his days in retirement at his villa overlooking seaside heights, pounding out guidettes.
J-Woww will spend his days in retirement at his villa overlooking seaside heights, pounding out guidettes.
Calling Mack a crack addict. Scheeze. What’s next?
Calling Mack a crack addict. Scheeze. What’s next?
Calling Mack a crack addict. Scheeze. What’s next?
Calling Mack a crack addict. Scheeze. What’s next?
Calling Mack a crack addict. Scheeze. What’s next?
Calling Mack a crack addict. Scheeze. What’s next?
Calling Mack a crack addict. Scheeze. What’s next?
Calling Mack a crack addict. Scheeze. What’s next?
Calling Mack a crack addict. Scheeze. What’s next?
Hey Bess just putting it out there, a good ol Friday eating contest would be nice….im just sayin
Hey Bess just putting it out there, a good ol Friday eating contest would be nice….im just sayin
Hey Bess just putting it out there, a good ol Friday eating contest would be nice….im just sayin
Hey Bess just putting it out there, a good ol Friday eating contest would be nice….im just sayin
Hey Bess just putting it out there, a good ol Friday eating contest would be nice….im just sayin
Hey Bess just putting it out there, a good ol Friday eating contest would be nice….im just sayin
Hey Bess just putting it out there, a good ol Friday eating contest would be nice….im just sayin
Hey Bess just putting it out there, a good ol Friday eating contest would be nice….im just sayin
Hey Bess just putting it out there, a good ol Friday eating contest would be nice….im just sayin
Hey Bess just putting it out there, a good ol Friday eating contest would be nice….im just sayin
Hey Bess just putting it out there, a good ol Friday eating contest would be nice….im just sayin
Hey Bess just putting it out there, a good ol Friday eating contest would be nice….im just sayin
Wow! No bonus for Mack. Let’s see, he failed in an $11 Billion bet, almost took the whole the firm down, and now will score the first annual loss for the firm in its history.
How could the board give him a bonus???
Now he wants to play the Martyr? His reputation is crap!
Wow! No bonus for Mack. Let’s see, he failed in an $11 Billion bet, almost took the whole the firm down, and now will score the first annual loss for the firm in its history.
How could the board give him a bonus???
Now he wants to play the Martyr? His reputation is crap!
Wow! No bonus for Mack. Let’s see, he failed in an $11 Billion bet, almost took the whole the firm down, and now will score the first annual loss for the firm in its history.
How could the board give him a bonus???
Now he wants to play the Martyr? His reputation is crap!
Wow! No bonus for Mack. Let’s see, he failed in an $11 Billion bet, almost took the whole the firm down, and now will score the first annual loss for the firm in its history.
How could the board give him a bonus???
Now he wants to play the Martyr? His reputation is crap!
Wow! No bonus for Mack. Let’s see, he failed in an $11 Billion bet, almost took the whole the firm down, and now will score the first annual loss for the firm in its history.
How could the board give him a bonus???
Now he wants to play the Martyr? His reputation is crap!
Wow! No bonus for Mack. Let’s see, he failed in an $11 Billion bet, almost took the whole the firm down, and now will score the first annual loss for the firm in its history.
How could the board give him a bonus???
Now he wants to play the Martyr? His reputation is crap!
Wow! No bonus for Mack. Let’s see, he failed in an $11 Billion bet, almost took the whole the firm down, and now will score the first annual loss for the firm in its history.
How could the board give him a bonus???
Now he wants to play the Martyr? His reputation is crap!
Wow! No bonus for Mack. Let’s see, he failed in an $11 Billion bet, almost took the whole the firm down, and now will score the first annual loss for the firm in its history.
How could the board give him a bonus???
Now he wants to play the Martyr? His reputation is crap!
Wow! No bonus for Mack. Let’s see, he failed in an $11 Billion bet, almost took the whole the firm down, and now will score the first annual loss for the firm in its history.
How could the board give him a bonus???
Now he wants to play the Martyr? His reputation is crap!
Wow! No bonus for Mack. Let’s see, he failed in an $11 Billion bet, almost took the whole the firm down, and now will score the first annual loss for the firm in its history.
How could the board give him a bonus???
Now he wants to play the Martyr? His reputation is crap!
Wow! No bonus for Mack. Let’s see, he failed in an $11 Billion bet, almost took the whole the firm down, and now will score the first annual loss for the firm in its history.
How could the board give him a bonus???
Now he wants to play the Martyr? His reputation is crap!
Wow! No bonus for Mack. Let’s see, he failed in an $11 Billion bet, almost took the whole the firm down, and now will score the first annual loss for the firm in its history.
How could the board give him a bonus???
Now he wants to play the Martyr? His reputation is crap!
Wow! No bonus for Mack. Let’s see, he failed in an $11 Billion bet, almost took the whole the firm down, and now will score the first annual loss for the firm in its history.
How could the board give him a bonus???
Now he wants to play the Martyr? His reputation is crap!
John Mack is retiring to Jersey Shore, setting up tee-shirt business, and bringing in Chazz’s kids to help run it in the summer.
John Mack is retiring to Jersey Shore, setting up tee-shirt business, and bringing in Chazz’s kids to help run it in the summer.
John Mack is retiring to Jersey Shore, setting up tee-shirt business, and bringing in Chazz’s kids to help run it in the summer.
John Mack is retiring to Jersey Shore, setting up tee-shirt business, and bringing in Chazz’s kids to help run it in the summer.
John Mack is retiring to Jersey Shore, setting up tee-shirt business, and bringing in Chazz’s kids to help run it in the summer.
John Mack is retiring to Jersey Shore, setting up tee-shirt business, and bringing in Chazz’s kids to help run it in the summer.
John Mack is retiring to Jersey Shore, setting up tee-shirt business, and bringing in Chazz’s kids to help run it in the summer.
John Mack is retiring to Jersey Shore, setting up tee-shirt business, and bringing in Chazz’s kids to help run it in the summer.
John Mack is retiring to Jersey Shore, setting up tee-shirt business, and bringing in Chazz’s kids to help run it in the summer.
John Mack is retiring to Jersey Shore, setting up tee-shirt business, and bringing in Chazz’s kids to help run it in the summer.
John Mack is retiring to Jersey Shore, setting up tee-shirt business, and bringing in Chazz’s kids to help run it in the summer.
@14 I report the news, I don’t make it happen. Ball’s in your court, Hoss.
@14 I report the news, I don’t make it happen. Ball’s in your court, Hoss.
@14 I report the news, I don’t make it happen. Ball’s in your court, Hoss.
@14 I report the news, I don’t make it happen. Ball’s in your court, Hoss.
@14 I report the news, I don’t make it happen. Ball’s in your court, Hoss.
@14 I report the news, I don’t make it happen. Ball’s in your court, Hoss.
@14 I report the news, I don’t make it happen. Ball’s in your court, Hoss.
@14 I report the news, I don’t make it happen. Ball’s in your court, Hoss.
@14 I report the news, I don’t make it happen. Ball’s in your court, Hoss.
@14 I report the news, I don’t make it happen. Ball’s in your court, Hoss.
I’ll take that bonus. I love Disneyland.
I’ll take that bonus. I love Disneyland.
I’ll take that bonus. I love Disneyland.
I’ll take that bonus. I love Disneyland.
I’ll take that bonus. I love Disneyland.
I’ll take that bonus. I love Disneyland.
I’ll take that bonus. I love Disneyland.
I’ll take that bonus. I love Disneyland.
I’ll take that bonus. I love Disneyland.
I’ll take that bonus. I love Disneyland.
I’ll take that bonus. I love Disneyland.
I’ll take that bonus. I love Disneyland.
I’ll take that bonus. I love Disneyland.
Bess, I bet if you really wanted to, you could make news happen. I believe in your skills my little chalamala!
Bess, I bet if you really wanted to, you could make news happen. I believe in your skills my little chalamala!
Bess, I bet if you really wanted to, you could make news happen. I believe in your skills my little chalamala!
Bess, I bet if you really wanted to, you could make news happen. I believe in your skills my little chalamala!
Bess, I bet if you really wanted to, you could make news happen. I believe in your skills my little chalamala!
Bess, I bet if you really wanted to, you could make news happen. I believe in your skills my little chalamala!
Bess, I bet if you really wanted to, you could make news happen. I believe in your skills my little chalamala!
Bess, I bet if you really wanted to, you could make news happen. I believe in your skills my little chalamala!
Bess, I bet if you really wanted to, you could make news happen. I believe in your skills my little chalamala!
Bess, I bet if you really wanted to, you could make news happen. I believe in your skills my little chalamala!
Bess, I bet if you really wanted to, you could make news happen. I believe in your skills my little chalamala!
Bess, I bet if you really wanted to, you could make news happen. I believe in your skills my little chalamala!
Bess, I bet if you really wanted to, you could make news happen. I believe in your skills my little chalamala!
Bess, I bet if you really wanted to, you could make news happen. I believe in your skills my little chalamala!
@2,3
His retirement package has been adjusted in the past when he received no bonus, so presumably it will be again. Purely a PR move.
@2,3
His retirement package has been adjusted in the past when he received no bonus, so presumably it will be again. Purely a PR move.
@2,3
His retirement package has been adjusted in the past when he received no bonus, so presumably it will be again. Purely a PR move.
@2,3
His retirement package has been adjusted in the past when he received no bonus, so presumably it will be again. Purely a PR move.
@2,3
His retirement package has been adjusted in the past when he received no bonus, so presumably it will be again. Purely a PR move.
@2,3
His retirement package has been adjusted in the past when he received no bonus, so presumably it will be again. Purely a PR move.
@2,3
His retirement package has been adjusted in the past when he received no bonus, so presumably it will be again. Purely a PR move.
@2,3
His retirement package has been adjusted in the past when he received no bonus, so presumably it will be again. Purely a PR move.
@2,3
His retirement package has been adjusted in the past when he received no bonus, so presumably it will be again. Purely a PR move.
@2,3
His retirement package has been adjusted in the past when he received no bonus, so presumably it will be again. Purely a PR move.
@2,3
His retirement package has been adjusted in the past when he received no bonus, so presumably it will be again. Purely a PR move.
@2,3
His retirement package has been adjusted in the past when he received no bonus, so presumably it will be again. Purely a PR move.
@2,3
His retirement package has been adjusted in the past when he received no bonus, so presumably it will be again. Purely a PR move.
@2,3
His retirement package has been adjusted in the past when he received no bonus, so presumably it will be again. Purely a PR move.
@2,3
His retirement package has been adjusted in the past when he received no bonus, so presumably it will be again. Purely a PR move.
@2,3
His retirement package has been adjusted in the past when he received no bonus, so presumably it will be again. Purely a PR move.
@2,3
His retirement package has been adjusted in the past when he received no bonus, so presumably it will be again. Purely a PR move.
@2,3
His retirement package has been adjusted in the past when he received no bonus, so presumably it will be again. Purely a PR move.
@2,3
His retirement package has been adjusted in the past when he received no bonus, so presumably it will be again. Purely a PR move.
@2,3
His retirement package has been adjusted in the past when he received no bonus, so presumably it will be again. Purely a PR move.
Mr. Mack is responsible for some of the biggest blunders and demonstrations of incompetence in modern financial history: DW merger, Saxon Mortgage acquisition, Frontpoint aquisition, financial loss in subprime/CDOs, prop trading losses extraodinaire across many asset classes, compliance violations galore (email loss? pleez), 2008 promotion of an army of back-office clerks to front office sales positions (most of these folks are strivers but know exactly jack), brokerage account monthly statements that look like a junior achievement project, etc. etc. He is a prime example of the danger of extreme charisma combined with extreme professional incompetence. His breathtakingly simplistic business frameworks are exceeded in their stupidity only by the sheer incompetence of their execution. In short, it's not enough for him to forgo bonus: he should be compensating shareholders for the damage he has inflicted on the mighty name of Morgan Stanley. The damage has been achieved through the firm's dishonorable conduct, financial losses incurred, and profits foregone. This statement about leverage is just a small hint of his financial ignorance. Oh, and let's not forget Pequot insider trading weirdness. It's a goddamn shame.
at 21, I remember when Morgan Stanley was neck and neck with a still private Goldman. Under Mack's watch and his slapfight with Purcell, Morgan Stanley is now a second tier player. He never got his head around the new wallstreet model.
JP Morgan is a better i-bank than Morgan Stanley. Could you imagine ever saying that in the 1990s?
True dat. Before Mack, JP was a place for guys who couldn't get an offer from GS or MS. Now it's better than MS. Great job, Mack.
Mr. Mack is responsible for some of the biggest blunders and demonstrations of incompetence in modern financial history: DW merger, Saxon Mortgage acquisition, Frontpoint aquisition, financial loss in subprime/CDOs, prop trading losses extraodinaire across many asset classes, compliance violations galore (email loss? pleez), 2008 promotion of an army of back-office clerks to front office sales positions (most of these folks are strivers but know exactly jack), brokerage account monthly statements that look like a junior achievement project, etc. etc. He is a prime example of the danger of extreme charisma combined with extreme professional incompetence. His breathtakingly simplistic business frameworks are exceeded in their stupidity only by the sheer incompetence of their execution. In short, it’s not enough for him to forgo bonus: he should be compensating shareholders for the damage he has inflicted on the mighty name of Morgan Stanley. The damage has been achieved through the firm’s dishonorable conduct, financial losses incurred, and profits foregone. This statement about leverage is just a small hint of his financial ignorance. Oh, and let’s not forget Pequot insider trading weirdness. It’s a goddamn shame.
Mr. Mack is responsible for some of the biggest blunders and demonstrations of incompetence in modern financial history: DW merger, Saxon Mortgage acquisition, Frontpoint aquisition, financial loss in subprime/CDOs, prop trading losses extraodinaire across many asset classes, compliance violations galore (email loss? pleez), 2008 promotion of an army of back-office clerks to front office sales positions (most of these folks are strivers but know exactly jack), brokerage account monthly statements that look like a junior achievement project, etc. etc. He is a prime example of the danger of extreme charisma combined with extreme professional incompetence. His breathtakingly simplistic business frameworks are exceeded in their stupidity only by the sheer incompetence of their execution. In short, it’s not enough for him to forgo bonus: he should be compensating shareholders for the damage he has inflicted on the mighty name of Morgan Stanley. The damage has been achieved through the firm’s dishonorable conduct, financial losses incurred, and profits foregone. This statement about leverage is just a small hint of his financial ignorance. Oh, and let’s not forget Pequot insider trading weirdness. It’s a goddamn shame.
Mr. Mack is responsible for some of the biggest blunders and demonstrations of incompetence in modern financial history: DW merger, Saxon Mortgage acquisition, Frontpoint aquisition, financial loss in subprime/CDOs, prop trading losses extraodinaire across many asset classes, compliance violations galore (email loss? pleez), 2008 promotion of an army of back-office clerks to front office sales positions (most of these folks are strivers but know exactly jack), brokerage account monthly statements that look like a junior achievement project, etc. etc. He is a prime example of the danger of extreme charisma combined with extreme professional incompetence. His breathtakingly simplistic business frameworks are exceeded in their stupidity only by the sheer incompetence of their execution. In short, it’s not enough for him to forgo bonus: he should be compensating shareholders for the damage he has inflicted on the mighty name of Morgan Stanley. The damage has been achieved through the firm’s dishonorable conduct, financial losses incurred, and profits foregone. This statement about leverage is just a small hint of his financial ignorance. Oh, and let’s not forget Pequot insider trading weirdness. It’s a goddamn shame.
Mr. Mack is responsible for some of the biggest blunders and demonstrations of incompetence in modern financial history: DW merger, Saxon Mortgage acquisition, Frontpoint aquisition, financial loss in subprime/CDOs, prop trading losses extraodinaire across many asset classes, compliance violations galore (email loss? pleez), 2008 promotion of an army of back-office clerks to front office sales positions (most of these folks are strivers but know exactly jack), brokerage account monthly statements that look like a junior achievement project, etc. etc. He is a prime example of the danger of extreme charisma combined with extreme professional incompetence. His breathtakingly simplistic business frameworks are exceeded in their stupidity only by the sheer incompetence of their execution. In short, it’s not enough for him to forgo bonus: he should be compensating shareholders for the damage he has inflicted on the mighty name of Morgan Stanley. The damage has been achieved through the firm’s dishonorable conduct, financial losses incurred, and profits foregone. This statement about leverage is just a small hint of his financial ignorance. Oh, and let’s not forget Pequot insider trading weirdness. It’s a goddamn shame.
Mr. Mack is responsible for some of the biggest blunders and demonstrations of incompetence in modern financial history: DW merger, Saxon Mortgage acquisition, Frontpoint aquisition, financial loss in subprime/CDOs, prop trading losses extraodinaire across many asset classes, compliance violations galore (email loss? pleez), 2008 promotion of an army of back-office clerks to front office sales positions (most of these folks are strivers but know exactly jack), brokerage account monthly statements that look like a junior achievement project, etc. etc. He is a prime example of the danger of extreme charisma combined with extreme professional incompetence. His breathtakingly simplistic business frameworks are exceeded in their stupidity only by the sheer incompetence of their execution. In short, it’s not enough for him to forgo bonus: he should be compensating shareholders for the damage he has inflicted on the mighty name of Morgan Stanley. The damage has been achieved through the firm’s dishonorable conduct, financial losses incurred, and profits foregone. This statement about leverage is just a small hint of his financial ignorance. Oh, and let’s not forget Pequot insider trading weirdness. It’s a goddamn shame.
Mr. Mack is responsible for some of the biggest blunders and demonstrations of incompetence in modern financial history: DW merger, Saxon Mortgage acquisition, Frontpoint aquisition, financial loss in subprime/CDOs, prop trading losses extraodinaire across many asset classes, compliance violations galore (email loss? pleez), 2008 promotion of an army of back-office clerks to front office sales positions (most of these folks are strivers but know exactly jack), brokerage account monthly statements that look like a junior achievement project, etc. etc. He is a prime example of the danger of extreme charisma combined with extreme professional incompetence. His breathtakingly simplistic business frameworks are exceeded in their stupidity only by the sheer incompetence of their execution. In short, it’s not enough for him to forgo bonus: he should be compensating shareholders for the damage he has inflicted on the mighty name of Morgan Stanley. The damage has been achieved through the firm’s dishonorable conduct, financial losses incurred, and profits foregone. This statement about leverage is just a small hint of his financial ignorance. Oh, and let’s not forget Pequot insider trading weirdness. It’s a goddamn shame.
Mr. Mack is responsible for some of the biggest blunders and demonstrations of incompetence in modern financial history: DW merger, Saxon Mortgage acquisition, Frontpoint aquisition, financial loss in subprime/CDOs, prop trading losses extraodinaire across many asset classes, compliance violations galore (email loss? pleez), 2008 promotion of an army of back-office clerks to front office sales positions (most of these folks are strivers but know exactly jack), brokerage account monthly statements that look like a junior achievement project, etc. etc. He is a prime example of the danger of extreme charisma combined with extreme professional incompetence. His breathtakingly simplistic business frameworks are exceeded in their stupidity only by the sheer incompetence of their execution. In short, it’s not enough for him to forgo bonus: he should be compensating shareholders for the damage he has inflicted on the mighty name of Morgan Stanley. The damage has been achieved through the firm’s dishonorable conduct, financial losses incurred, and profits foregone. This statement about leverage is just a small hint of his financial ignorance. Oh, and let’s not forget Pequot insider trading weirdness. It’s a goddamn shame.
Mr. Mack is responsible for some of the biggest blunders and demonstrations of incompetence in modern financial history: DW merger, Saxon Mortgage acquisition, Frontpoint aquisition, financial loss in subprime/CDOs, prop trading losses extraodinaire across many asset classes, compliance violations galore (email loss? pleez), 2008 promotion of an army of back-office clerks to front office sales positions (most of these folks are strivers but know exactly jack), brokerage account monthly statements that look like a junior achievement project, etc. etc. He is a prime example of the danger of extreme charisma combined with extreme professional incompetence. His breathtakingly simplistic business frameworks are exceeded in their stupidity only by the sheer incompetence of their execution. In short, it’s not enough for him to forgo bonus: he should be compensating shareholders for the damage he has inflicted on the mighty name of Morgan Stanley. The damage has been achieved through the firm’s dishonorable conduct, financial losses incurred, and profits foregone. This statement about leverage is just a small hint of his financial ignorance. Oh, and let’s not forget Pequot insider trading weirdness. It’s a goddamn shame.
Mr. Mack is responsible for some of the biggest blunders and demonstrations of incompetence in modern financial history: DW merger, Saxon Mortgage acquisition, Frontpoint aquisition, financial loss in subprime/CDOs, prop trading losses extraodinaire across many asset classes, compliance violations galore (email loss? pleez), 2008 promotion of an army of back-office clerks to front office sales positions (most of these folks are strivers but know exactly jack), brokerage account monthly statements that look like a junior achievement project, etc. etc. He is a prime example of the danger of extreme charisma combined with extreme professional incompetence. His breathtakingly simplistic business frameworks are exceeded in their stupidity only by the sheer incompetence of their execution. In short, it’s not enough for him to forgo bonus: he should be compensating shareholders for the damage he has inflicted on the mighty name of Morgan Stanley. The damage has been achieved through the firm’s dishonorable conduct, financial losses incurred, and profits foregone. This statement about leverage is just a small hint of his financial ignorance. Oh, and let’s not forget Pequot insider trading weirdness. It’s a goddamn shame.
Mr. Mack is responsible for some of the biggest blunders and demonstrations of incompetence in modern financial history: DW merger, Saxon Mortgage acquisition, Frontpoint aquisition, financial loss in subprime/CDOs, prop trading losses extraodinaire across many asset classes, compliance violations galore (email loss? pleez), 2008 promotion of an army of back-office clerks to front office sales positions (most of these folks are strivers but know exactly jack), brokerage account monthly statements that look like a junior achievement project, etc. etc. He is a prime example of the danger of extreme charisma combined with extreme professional incompetence. His breathtakingly simplistic business frameworks are exceeded in their stupidity only by the sheer incompetence of their execution. In short, it’s not enough for him to forgo bonus: he should be compensating shareholders for the damage he has inflicted on the mighty name of Morgan Stanley. The damage has been achieved through the firm’s dishonorable conduct, financial losses incurred, and profits foregone. This statement about leverage is just a small hint of his financial ignorance. Oh, and let’s not forget Pequot insider trading weirdness. It’s a goddamn shame.
Mr. Mack is responsible for some of the biggest blunders and demonstrations of incompetence in modern financial history: DW merger, Saxon Mortgage acquisition, Frontpoint aquisition, financial loss in subprime/CDOs, prop trading losses extraodinaire across many asset classes, compliance violations galore (email loss? pleez), 2008 promotion of an army of back-office clerks to front office sales positions (most of these folks are strivers but know exactly jack), brokerage account monthly statements that look like a junior achievement project, etc. etc. He is a prime example of the danger of extreme charisma combined with extreme professional incompetence. His breathtakingly simplistic business frameworks are exceeded in their stupidity only by the sheer incompetence of their execution. In short, it’s not enough for him to forgo bonus: he should be compensating shareholders for the damage he has inflicted on the mighty name of Morgan Stanley. The damage has been achieved through the firm’s dishonorable conduct, financial losses incurred, and profits foregone. This statement about leverage is just a small hint of his financial ignorance. Oh, and let’s not forget Pequot insider trading weirdness. It’s a goddamn shame.
Mr. Mack is responsible for some of the biggest blunders and demonstrations of incompetence in modern financial history: DW merger, Saxon Mortgage acquisition, Frontpoint aquisition, financial loss in subprime/CDOs, prop trading losses extraodinaire across many asset classes, compliance violations galore (email loss? pleez), 2008 promotion of an army of back-office clerks to front office sales positions (most of these folks are strivers but know exactly jack), brokerage account monthly statements that look like a junior achievement project, etc. etc. He is a prime example of the danger of extreme charisma combined with extreme professional incompetence. His breathtakingly simplistic business frameworks are exceeded in their stupidity only by the sheer incompetence of their execution. In short, it’s not enough for him to forgo bonus: he should be compensating shareholders for the damage he has inflicted on the mighty name of Morgan Stanley. The damage has been achieved through the firm’s dishonorable conduct, financial losses incurred, and profits foregone. This statement about leverage is just a small hint of his financial ignorance. Oh, and let’s not forget Pequot insider trading weirdness. It’s a goddamn shame.
Mr. Mack is responsible for some of the biggest blunders and demonstrations of incompetence in modern financial history: DW merger, Saxon Mortgage acquisition, Frontpoint aquisition, financial loss in subprime/CDOs, prop trading losses extraodinaire across many asset classes, compliance violations galore (email loss? pleez), 2008 promotion of an army of back-office clerks to front office sales positions (most of these folks are strivers but know exactly jack), brokerage account monthly statements that look like a junior achievement project, etc. etc. He is a prime example of the danger of extreme charisma combined with extreme professional incompetence. His breathtakingly simplistic business frameworks are exceeded in their stupidity only by the sheer incompetence of their execution. In short, it’s not enough for him to forgo bonus: he should be compensating shareholders for the damage he has inflicted on the mighty name of Morgan Stanley. The damage has been achieved through the firm’s dishonorable conduct, financial losses incurred, and profits foregone. This statement about leverage is just a small hint of his financial ignorance. Oh, and let’s not forget Pequot insider trading weirdness. It’s a goddamn shame.
at 21, I remember when Morgan Stanley was neck and neck with a still private Goldman. Under Mack’s watch and his slapfight with Purcell, Morgan Stanley is now a second tier player. He never got his head around the new wallstreet model.
JP Morgan is a better i-bank than Morgan Stanley. Could you imagine ever saying that in the 1990s?
at 21, I remember when Morgan Stanley was neck and neck with a still private Goldman. Under Mack’s watch and his slapfight with Purcell, Morgan Stanley is now a second tier player. He never got his head around the new wallstreet model.
JP Morgan is a better i-bank than Morgan Stanley. Could you imagine ever saying that in the 1990s?
at 21, I remember when Morgan Stanley was neck and neck with a still private Goldman. Under Mack’s watch and his slapfight with Purcell, Morgan Stanley is now a second tier player. He never got his head around the new wallstreet model.
JP Morgan is a better i-bank than Morgan Stanley. Could you imagine ever saying that in the 1990s?
at 21, I remember when Morgan Stanley was neck and neck with a still private Goldman. Under Mack’s watch and his slapfight with Purcell, Morgan Stanley is now a second tier player. He never got his head around the new wallstreet model.
JP Morgan is a better i-bank than Morgan Stanley. Could you imagine ever saying that in the 1990s?
at 21, I remember when Morgan Stanley was neck and neck with a still private Goldman. Under Mack’s watch and his slapfight with Purcell, Morgan Stanley is now a second tier player. He never got his head around the new wallstreet model.
JP Morgan is a better i-bank than Morgan Stanley. Could you imagine ever saying that in the 1990s?
at 21, I remember when Morgan Stanley was neck and neck with a still private Goldman. Under Mack’s watch and his slapfight with Purcell, Morgan Stanley is now a second tier player. He never got his head around the new wallstreet model.
JP Morgan is a better i-bank than Morgan Stanley. Could you imagine ever saying that in the 1990s?
at 21, I remember when Morgan Stanley was neck and neck with a still private Goldman. Under Mack’s watch and his slapfight with Purcell, Morgan Stanley is now a second tier player. He never got his head around the new wallstreet model.
JP Morgan is a better i-bank than Morgan Stanley. Could you imagine ever saying that in the 1990s?
at 21, I remember when Morgan Stanley was neck and neck with a still private Goldman. Under Mack’s watch and his slapfight with Purcell, Morgan Stanley is now a second tier player. He never got his head around the new wallstreet model.
JP Morgan is a better i-bank than Morgan Stanley. Could you imagine ever saying that in the 1990s?
at 21, I remember when Morgan Stanley was neck and neck with a still private Goldman. Under Mack’s watch and his slapfight with Purcell, Morgan Stanley is now a second tier player. He never got his head around the new wallstreet model.
JP Morgan is a better i-bank than Morgan Stanley. Could you imagine ever saying that in the 1990s?
at 21, I remember when Morgan Stanley was neck and neck with a still private Goldman. Under Mack’s watch and his slapfight with Purcell, Morgan Stanley is now a second tier player. He never got his head around the new wallstreet model.
JP Morgan is a better i-bank than Morgan Stanley. Could you imagine ever saying that in the 1990s?
at 21, I remember when Morgan Stanley was neck and neck with a still private Goldman. Under Mack’s watch and his slapfight with Purcell, Morgan Stanley is now a second tier player. He never got his head around the new wallstreet model.
JP Morgan is a better i-bank than Morgan Stanley. Could you imagine ever saying that in the 1990s?
at 21, I remember when Morgan Stanley was neck and neck with a still private Goldman. Under Mack’s watch and his slapfight with Purcell, Morgan Stanley is now a second tier player. He never got his head around the new wallstreet model.
JP Morgan is a better i-bank than Morgan Stanley. Could you imagine ever saying that in the 1990s?
at 21, I remember when Morgan Stanley was neck and neck with a still private Goldman. Under Mack’s watch and his slapfight with Purcell, Morgan Stanley is now a second tier player. He never got his head around the new wallstreet model.
JP Morgan is a better i-bank than Morgan Stanley. Could you imagine ever saying that in the 1990s?
at 21, I remember when Morgan Stanley was neck and neck with a still private Goldman. Under Mack’s watch and his slapfight with Purcell, Morgan Stanley is now a second tier player. He never got his head around the new wallstreet model.
JP Morgan is a better i-bank than Morgan Stanley. Could you imagine ever saying that in the 1990s?
at 21, I remember when Morgan Stanley was neck and neck with a still private Goldman. Under Mack’s watch and his slapfight with Purcell, Morgan Stanley is now a second tier player. He never got his head around the new wallstreet model.
JP Morgan is a better i-bank than Morgan Stanley. Could you imagine ever saying that in the 1990s?
at 21, I remember when Morgan Stanley was neck and neck with a still private Goldman. Under Mack’s watch and his slapfight with Purcell, Morgan Stanley is now a second tier player. He never got his head around the new wallstreet model.
JP Morgan is a better i-bank than Morgan Stanley. Could you imagine ever saying that in the 1990s?
True dat. Before Mack, JP was a place for guys who couldn’t get an offer from GS or MS. Now it’s better than MS. Great job, Mack.
True dat. Before Mack, JP was a place for guys who couldn’t get an offer from GS or MS. Now it’s better than MS. Great job, Mack.
True dat. Before Mack, JP was a place for guys who couldn’t get an offer from GS or MS. Now it’s better than MS. Great job, Mack.
True dat. Before Mack, JP was a place for guys who couldn’t get an offer from GS or MS. Now it’s better than MS. Great job, Mack.
True dat. Before Mack, JP was a place for guys who couldn’t get an offer from GS or MS. Now it’s better than MS. Great job, Mack.
True dat. Before Mack, JP was a place for guys who couldn’t get an offer from GS or MS. Now it’s better than MS. Great job, Mack.
True dat. Before Mack, JP was a place for guys who couldn’t get an offer from GS or MS. Now it’s better than MS. Great job, Mack.
True dat. Before Mack, JP was a place for guys who couldn’t get an offer from GS or MS. Now it’s better than MS. Great job, Mack.
True dat. Before Mack, JP was a place for guys who couldn’t get an offer from GS or MS. Now it’s better than MS. Great job, Mack.
True dat. Before Mack, JP was a place for guys who couldn’t get an offer from GS or MS. Now it’s better than MS. Great job, Mack.
True dat. Before Mack, JP was a place for guys who couldn’t get an offer from GS or MS. Now it’s better than MS. Great job, Mack.
True dat. Before Mack, JP was a place for guys who couldn’t get an offer from GS or MS. Now it’s better than MS. Great job, Mack.
True dat. Before Mack, JP was a place for guys who couldn’t get an offer from GS or MS. Now it’s better than MS. Great job, Mack.
True dat. Before Mack, JP was a place for guys who couldn’t get an offer from GS or MS. Now it’s better than MS. Great job, Mack.
True dat. Before Mack, JP was a place for guys who couldn’t get an offer from GS or MS. Now it’s better than MS. Great job, Mack.
True dat. Before Mack, JP was a place for guys who couldn’t get an offer from GS or MS. Now it’s better than MS. Great job, Mack.