Morgan Stanley Leaves Cheapskate Foodies High And Dry

Author:
Updated:
Original:

I love Morgan Stanley, I really do, but I'm sort of beside myself right now on behalf of the bank's prime brokerage clients. We've just been informed that while in year's past, customers have received free copies of Zagat's during the holidays, management has decreed that the gravy train is o-v-e-r. Supposedly, all you'll get for allowing the Mackettes to clear your trades this year are "Christmas cards and calendars." The saving grace here would be if the latter featured CEO pinups in debased positions. And to be honest, considering that now, more than ever, they need to work for their money, I can see that happening. But we're not getting our hopes up. Not this time.

Related