Crab-Hands Going Down

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We don't have to tell you that times are extremely tough. With so many individuals and institutions taking it up the A, it should come as no surprise that even the once most successful among us are cutting corners, where they think they can get away with it. Employees at Morgan Stanley are sharing computers, the staff at Citi are sharing pencils, and the ladies at SAC have been allotted ONE pair of stilettos per portfolio team. So Blackstone founder Steve Schwarzman probably didn't think it was a big deal when he (or one of his deputies) decided to try and scam the FT, in a cost cutting effort. But Crab Hands THOUGHT WRONG. Cityfile reports that CH, I shit you not, is being sued by the FT for allowing employees to all share one log-in, rather than pay for separate online subscriptions.

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