Paul Taubman’s Gardening Bill: $1.7 Million

Not that he needs the work, but ousted almost-former Morgan Stanley dealmaker Paul Taubman will be available on May 5.

Morgan Stanley disclosed on Friday the timeline for some of its retirement awards to Paul J. Taubman, the senior deal maker who co-led its securities business.

As part of the awards, the deal maker will receive an accelerated payout from an executive retirement program that has a current estimated value of about $1.7 million.

His 2012 bonus compensation will also vest on May 5, the official last day of Mr. Taubman’s 30-year career at the Wall Street firm. But he isn’t exactly coming to work until then: he retired on Dec. 31.

Taubman’s last deal for Morgan Stanley closes the book on his “retirement,” when he happily sort-of left the firm when it didn’t give him the job he wanted.

Morgan Stanley Discloses Payouts to Senior Deal Maker [DealBook]
Deal Maker for Morgan Stanley Is Eased Out [DealBook]

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11 Responses to “Paul Taubman’s Gardening Bill: $1.7 Million”

  1. Guest says:

    Take a lap.

  2. Short Shazar Quant says:

    Is this a subtle way of telling us how much it will cost to get rid of Shazar? Personally I think Matt and Bess are kind of reaching here but I'm sure Matt has plenty of charts that explain why being short Shazar at $1.7 million is a lot better than risking him inflating his own value through DVA's and ends up costing us even more to get rid of.

  3. Sunshine says:

    Send this Shazar guy back to the Olive Garden across from the mall that he came from!

  4. Dorothy says:

    Dear Jon,

    I'm leaving you. I can deal with a coward. I can deal with heartless schlub. But what I can't deal with is how you take flour, eggs and sugar…and somehow end up directly with a turd.

  5. Guest says:

    Hey Levine, why don't you leave this to the grown ups.

  6. Fire Jon Shazar says:

    When does Matt get back from vacation?

  7. Guest says:

    Who wants to drain my anal sack?


  8. W. Jennings Bryan says:

    He didn't make the cut at Morgan.

  9. sohbet says:

    telling these little stories, here's a good idea: Have a point. It makes it so much more interesting for the listener.

  10. kelly says:

    Now Paul taubman is talking about revenge. He is an ass and has been fired because of not performing. He dont have the global experience how to perform under pressure.
    Now he is going to loose everything. His deal with vodafone failed too. Someone told me he is in depression. Everyone will throw hime and leave.

    Asshole you are paying what you have done to people through these years. He is Finished. James did the right thing by removing this donkey from the bank.

    Bank is doing great now.