Email to all staff from the Morgan Stanley CEO sent today:

By law corporations cannot contribute directly to candidates for federal office. However, we are permitted to maintain a political action committee, MSPAC, which pools together employee contributions to support candidates. By banding together to participate in the political process, we can educate lawmakers as they prepare to draft new rules addressing taxes, wealth management and other critical financial services issues. MSPAC helps elect candidates who support our business objectives.

Suggested giving levels:

* Management committee $5,000
* Managing Director $2,500-5000
* Executive Director/SVP $1,000-2,500
* VP $500-1,000

28 comments (hidden to protect delicate sensibilities)
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Comments (28)

  1. Posted by Guestalicious | March 3, 2011 at 6:32 PM

    This e-mail is sent out at every bank. Never seen “Suggested giving level” tiers before, which must be harder to swallow after most at MS had their baby making parts stomped on at bonus time.

  2. Posted by guest | March 3, 2011 at 6:32 PM

    I like the subtlety of this request.

  3. Posted by guest | March 3, 2011 at 6:32 PM

    I like the subtlety of this request.

  4. Posted by Anonymous | March 3, 2011 at 6:41 PM

    i’d gladly make that contribution*

    *1 payment/year amortized over 5

    -peon

  5. Posted by BirdPoop | March 3, 2011 at 6:42 PM

    Gorman will propose that there needs to be a bill passed that forbids bartering in public spaces.

  6. Posted by Guest | March 3, 2011 at 6:44 PM

    Years ago at UBS they had “suggested giving levels” based upon your title for the PAC in addition to Wolfie walking down the rows and asking you to donate directly to his favorite candidates.

  7. Posted by Pfluger the Barbarian | March 3, 2011 at 6:47 PM

    Its despicable behaviour. Utterly despicable for greedy banksters to attempt to influence election outcomes.

    – R. Weingarten

  8. Posted by Pfluger the Barbarian | March 3, 2011 at 6:47 PM

    Its despicable behaviour. Utterly despicable for greedy banksters to attempt to influence election outcomes.

    – R. Weingarten

  9. Posted by Spanishmoon | March 3, 2011 at 6:48 PM

    The NYC Teachers Union just deducts it directly from the paycheck… just sayin’

  10. Posted by Spanishmoon | March 3, 2011 at 6:48 PM

    The NYC Teachers Union just deducts it directly from the paycheck… just sayin’

  11. Posted by NakedShort | March 3, 2011 at 6:49 PM

    But where are the clients suggested giving levels?

  12. Posted by NakedShort | March 3, 2011 at 6:49 PM

    But where are the clients suggested giving levels?

  13. Posted by Anonymous | March 3, 2011 at 6:51 PM

    And this is different how?

  14. Posted by Anonymous | March 3, 2011 at 6:51 PM

    And this is different how?

  15. Posted by Anonymous | March 3, 2011 at 6:51 PM

    And this is different how?

  16. Posted by Anonymous | March 3, 2011 at 6:51 PM

    And this is different how?

  17. Posted by Anonymous | March 3, 2011 at 6:51 PM

    And this is different how?

  18. Posted by Guest | March 3, 2011 at 6:58 PM

    Um, does it say which politicians support the business objectives? I need to know if my money is going to ESpitz or Grusso!

  19. Posted by guest | March 3, 2011 at 6:59 PM

    It’s always nice to return the favor to those that you own…just to keep up appearances.

  20. Posted by Chesty Guesty | March 3, 2011 at 7:02 PM

    “I’m declaring myself conductor of this meeting as I have the bribe sheet”

    -Al Swearengen

  21. Posted by Guest | March 3, 2011 at 7:52 PM

    By banding together to participate in the political process, we can “educate” lawmakers as they prepare to draft new rules addressing taxes, wealth management and other critical financial services issues.

    This “education” will of course include instruction in the use of Gimp masks, Ball-Gags, and the proper apllication of Anal Lube. Its also widely believed that wideclops will make a guest appearance in a leather catsuit and Fuck-me boots in the event that such encouragement is required to “get the juices flowing”

  22. Posted by Guest | March 3, 2011 at 7:52 PM

    By banding together to participate in the political process, we can “educate” lawmakers as they prepare to draft new rules addressing taxes, wealth management and other critical financial services issues.

    This “education” will of course include instruction in the use of Gimp masks, Ball-Gags, and the proper apllication of Anal Lube. Its also widely believed that wideclops will make a guest appearance in a leather catsuit and Fuck-me boots in the event that such encouragement is required to “get the juices flowing”

  23. Posted by MorganStanleyHumanResources | March 3, 2011 at 8:29 PM

    Checks payable to Jimmay “Big OZ” Gorman LLC. Have them ready on Friday, he’ll come around to collect.

  24. Posted by MorganStanleyHumanResources | March 3, 2011 at 8:29 PM

    Checks payable to Jimmay “Big OZ” Gorman LLC. Have them ready on Friday, he’ll come around to collect.

  25. Posted by MorganStanleyHumanResources | March 3, 2011 at 8:29 PM

    Checks payable to Jimmay “Big OZ” Gorman LLC. Have them ready on Friday, he’ll come around to collect.

  26. Posted by Guest | March 3, 2011 at 9:54 PM

    blue

  27. Posted by Guest | March 5, 2011 at 7:56 PM

    In fact we should lobby politicians to start regulating companies more. These are lawless entities that are not government by any of the basic principles of modern society. MS is a cynical company, and another unfortunate turn. The tyranny and irresponsibility of companies like MS are despeakable.

  28. Posted by Ddd | March 5, 2011 at 11:26 PM

    well not every bank employee gets ‘protectionist policies’ — only those on very top