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Hiring Watch '08: Morgan Stanley

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This isn't nearly as rich as Merrill Lynch's 1-2 punch of firing everyone and then showing up to Stern asking if anyone wanted a job but we said we'd keep your abreast of who's a' firing and a' hiring and we meant it. Apparently, there are "thirty or so college kids on the MS IED trading floor for some sort of recruiting event." According to our eye witness, "for some reason, they're smiling," presumably because they've been promised leftovers from yesterday's pastry party.