• 07 Jan 2013 at 1:53 PM

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]

11 comments (hidden to protect delicate sensibilities)
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Comments (11)

  1. Posted by Guest | January 7, 2013 at 2:04 PM

    Take a lap.

  2. Posted by Short Shazar Quant | January 7, 2013 at 2:06 PM

    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. Posted by Sunshine | January 7, 2013 at 2:15 PM

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

  4. Posted by Dorothy | January 7, 2013 at 2:59 PM

    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. Posted by Guest | January 7, 2013 at 3:04 PM

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

  6. Posted by Fire Jon Shazar | January 7, 2013 at 3:07 PM

    When does Matt get back from vacation?

  7. Posted by Guest | January 7, 2013 at 3:26 PM

    Who wants to drain my anal sack?


  8. Posted by Matt's Mom | January 7, 2013 at 4:00 PM

    Once he's finished seeking out the world's perfect chart (and hopefully finding a nice Jewish girl to settle down with while he's at it).

  9. Posted by W. Jennings Bryan | January 7, 2013 at 4:10 PM

    He didn't make the cut at Morgan.

  10. Posted by sohbet | May 12, 2013 at 6:47 PM

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

  11. Posted by kelly | October 9, 2013 at 5:43 PM

    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.