Morgan Stanley

But he’ll have to, for at least as long as it takes him to finish the firm’s online Twitter training course and as long as it takes his supervisor to sign off on his 140 characters. Read more »

Serious with colleagues, even a bit remote, Mr. Gorman can be a very demanding boss. “People looking for a John Mack-style slap on the back are not going to get it with James,” said one longtime Wall Streeter. “If you’re looking for regular affirmation, it’s going to be a lonely existence.” […] When Mr. Gorman is uncomfortable or has bad news to deliver, he often clears his throat, and as a result, throat-clearing has entered the firm’s lexicon as code for trouble, as in: “How was the meeting with James?” “There was a lot of throat-clearing.” “Sorry to hear that.”New York Times, JUNE 28, 2014

For those Morgan Stanley employees who have been summoned to Gorman’s office but are unsure how to interpret the clears, please refer to the following: Read more »

  • 24 Jun 2014 at 2:59 PM

New York’s Hottest New Club Is Gorman

This place has everything: 22 year-olds willing to work 100 hours/week, an exclusive location next to the Times Square M and M’s store, the attention of a Fox Business reporter who obsessively tracks the size of the CEO’s balls, a regular who looks like a zombie, $20/night Seamless allowance, 24 year-olds who don’t give a FUCK, and a bouncer who’ll throw you out for calling him Jim. Read more »

“…the more I think about it, the more I like the ‘yo’ concept. And it’s not because of the app’s latest feature: you can send a ‘yo’ to the username ‘worldcup’ to receive a ‘yo’ (and nothing else) anytime a team scores a goal. Rather, it’s because I’ve always thought that there is beauty in simplicity. I’m a minimalist. I like to sit in my scarcely furnished study with white-washed walls while I write this comment. I hate Christmas decorations. When on a vacation, I like to sit on the shore and stare at the sea in the summer, or climb up a cold, white mountain silently on skis in the winter. I loved to read the late Barton Biggs’s simple but beautiful prose about investing. Life is full of complexity –family, friends, work, politics, financial markets, the global economy. Coping with complexity requires filtering, sorting, reduction, concentration and, at least sometimes, simplification. Sometimes, a simple ‘yo’ can say and mean more to your ‘contacts’ than all the babble.” [BI, earlier]

  • 11 Jun 2014 at 5:38 PM

Why Have One Morgan Stanley When You Can Have Two?

Morgan Stanley hopes very much that it is more than the sum of its (two) parts, especially as one of those parts is basically subtracting. Read more »

  • 06 Jun 2014 at 11:18 AM

Layoffs Watch ’14: Morgan Stanley

The House of Jim is said to have spent the week telling a bunch of traders to clear out their desks. Read more »

Not being told what a shitty job management is doing somehow feels off. Read more »

Do you party so hard you wake up looking like a dead person the next day? Has a colleague mentioned your skin tone is very similar to his uncle’s when he was diagnosed with cirrhosis of the liver? Do you get weird stares in meetings from people wondering what drain you were pulled out of? Do you look like a 37 year-old who’s had a hard life, even though you’re 22, just graduated, and this investment banking gig is the first job you’ve ever had? Do you get the distinct feeling you’ve gotten your last free pass on showing up to work smelling like cigarettes and the urinal you tripped and face planted into last night? Apparently there’s a lady who can help with all that. Read more »