Just an FYI, Gorman.
Morgan Stanley has gone into gestapo-mode on expenses. Travel budgets being looked at VERY closely. Black cars still intact but there is an iron grip on our corporate AMEX cards. Obviously stuff like first class flights to LA are out but it’s mostly little things. And the most annoying part is the constant reminder we’re spending too much. Not classy.
You’re spending too much or making it rain too little? Nut up bitchass.
-Edward Jones Admin
Who’s Morgan Stanely?
Entitled dude says what?
You stay classy, Morgan Stanley
We were issued Black Cards on the first day of training. Guy who spends the least gets his bonus garnished.
- Jefferies Analyst
I am more outraged that they dont use Discover cards.
Can you still get the hotel porn through as “training video”?
Say what you will the Gestapo actually had a pretty reasonable attitude toward expenses so long as they were properly documented.
as a shareholder , I am thrilled
They need to the money to pay back the nuns.
This criminal organization needs to force employees to bring their own toilet paper. Shit at home before you leave. You can’t take company time for that……
it can’t be any worse than the Expense Report Stormtroopers at JPM.
Theyve gone from classy, to ashy!
Well….are you spending too much?
-guy who thinks the little things add up
This would never happen at HP
@14 for the win
Also known as riding hurd
In Soviet Russia, penis iron grip you!
If I start a tab with the MS Amex at a well known tavern, will I get punched in the face?
morgan stanely is one of the finest bukkake stars of our generation.
@8 Jawohl.
What’s an AMEX card?
-Rebellion Research VP
What’s an “Employee”?
– Lehman Brothers Analyst
The rule is, if you’re traveling, it better be to see clients. That’s long overdue but more pressing now that MS is ramping up headcount and trying to keep variable expenses from getting out of hand. Really, all traveling should probably be banned absent a very good reason, since there is almost never actually a good reason to fly halfway across the globe for a meeting when a conference call would do just as well, but this is a start at least.
@22 Thank you internal auditor from MS.
@22 obviously never made a sales call
is MS taking pointers from Sterling Cooper Draper Pryce?
cheap is not the word, had to work last weekend and the building had no AC. Called maintenance and they turned it on. Got a call on Monday morning from some McKinsey type (they are everywhere these days at MS) bitching that it cost the firm $2000 to turn the AC on for the day and that I should pay for it.