"When You Say 'Bad Case Of Rectal Prolapse,' What Exactly Do You Mean By That?"

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You know. I have to say that sometimes we worry that our venerable Wall Street institutions have no sense of humor. Turns out there's nothing to fear, per this handy guide Citi put together for its Smith Barney employees who may be faced with "tough questions" from clients, such as "Your CEO said only six weeks ago that 'I love that business' and that it's not for sale. What happened?" and :

9. Is the Federal government directing you to liquidate businesses to raise
additional capital?

As you know, we do not comment on our discussions with the U.S. Government
or regulators.
[If pressed: Negotiations were not driven by regulators. But regulators are being
updated.
]


Morgan Stanley Smith Barney Tough Questions and Answers [PDF]

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