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Morgan Stanley Has Had It Up To Here With This Bosh

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Deutsche Bank's Mike Mayo: "Why did you release your numbers ahead of schedule?"
Morgan Stanley's Colm Kelleher: [Sounding like he was about to lose it and scolding a naughty child]: "Because things are frankly getting out of hand! Ridiculous rumors are being repeated, rumors that if I wrote them down today and read them tomorrow I'd think I was dreaming." Or on a really, really bad Peyote trip. Whichever.
Later: "We are at silly and downright irrational levels."


Morgan Stanley Has Canned Enough Employees At This Point

Great news for anyone who's been sitting nervously at their desk at Morgan Stanley the last few days, wondering whether or not their boss was about to tap them on the shoulder to go have a chat with HR: if you've made it this long, you're safe! There will be no more human layoffs for the foreseeable future (plants may still be at risk).

Morgan Stanley Has A Big Ass Bone To Pick With China, Federal Reserve

Hey People's Republic of China and Janet Yellen: James Gorman would like a word with you outside.