The city’s potty-parity rule for offices is getting flushed down the toilet at Nomura’s new headquarters at Worldwide Plaza. The building owner, a group led by George Comfort & Sons, is seeking permission to install far fewer toilets for women on the Japanese financial giant’s lower levels — presumably the male-dominated trading floors. The owners of the 59-story West Side tower want the “water closets and lavatories” on these floors to be divvied up 75/25 because for “certain financial-services operations” the population is historically comprised of 75 percent men and 25 percent women, according to a document filed with the city. All bathroom humor aside, the city’s plumbing code requires that the number of toilets for women be equal to the number of toilets and urinals in men’s restrooms. The owners are getting around the rule by using historical data to show that potty parity doesn’t make sense…Robert Brubaker, program manager for the American Restroom Association, said normally the arguments for restroom inequity involve obvious places such as dorms and prisons. “This is the first time we’ve heard it from a business,” he said. “They could get into a thing where they say they can’t hire more women because they don’t have enough toilets. [NYP]

They say that’s the only way Dykstra* will learn that in our society, you can’t rip toilets and other bathroom fixtures out of the floors of foreclosed houses and sell them to a pawn shops, or bounce checks to hookers, or drop trou for the cleaning staff just because you feel like it. Read more »

FYI, in addition to hating these newfangled automatic flushers, the PIMCO founder will cut a bitch for speaking and/or audibly breathing on the floor. Read more »

  • 29 Jun 2010 at 1:39 PM

Crisis At Morgan Stanley: No Good Snacks All Morning

From: Morgan Stanley
Sent: Tuesday, June 29, 2010 11:11 AM
To: Employees
Subject: Crisis Management Update – Low Water Pressure in Westchester Office

Read more »

  • 27 May 2010 at 2:40 PM

Latest Instance Of BS At RBS

Last week, RBS’s Stamford trading floor lost power for about ten minutes. Many wondered what was going on, and with no official word from the bank, imaginations ran wild. Had someone kicked over some crucial cords? Was RBS going out of business? As is our wont, we printed a rumor from the inside about what had happened, a rumor which, in fact, turned out to be true. Someone had clogged a toilet on 7th floor and it leaked into a communications closet on 6th floor (trading). Before I get into what senior management’s reaction was to that story, let’s take a few moments to backtrack and offer a little color on how we got to this place. Read more »

I mean…

“Trading floor over here lost power temporarily (I think computers and phones only) for about ten minutes. Rumor is someone clogged a toilet on 7th floor and it leaked into some communications closet on 6th floor (trading). They haven’t confirmed but that seems to be the persistent belief.”

If only CNBC were broadcasting from there live today, Steve Liesman could confirm! (And maybe lend a hand. I don’t know why, but SL seems like a guy who travels with his own plunger.)

I’m trying to figure out if that’s the logic here? As Goldman prepares to move into its new headquarters, the Observer‘s Max Abelson looks back on the history of 85 Broad. This is what former managing director George Doty had to say of the place:

Even the toilets were placed just so. “When we set up an enormous trading room, we deliberately built it on one floor and had only one men’s room,” Mr. Doty told the writer Charles D. Ellis. Besides the excellent egalitarianism, he explained, having just one bathroom made it easier to hear rumors, “to be persistently diligent on small troubles.”

Someone tried to explain it to me that “the idea is that the important fellas like Doty would normally have their own bathroom, but instead they would hang with the plebeians and listen in.” Is that it? They pissed in the same trough so they could find out who was banging whose secretary? Otherwise I got nothing.