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Morgan Stanely Employees Do Not Appreciate Management's New Cheapskate Mentality

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Just an FYI, Gorman.

Morgan Stanley has gone into gestapo-mode on expenses. Travel budgets being looked at VERY closely. Black cars still intact but there is an iron grip on our corporate AMEX cards. Obviously stuff like first class flights to LA are out but it's mostly little things. And the most annoying part is the constant reminder we're spending too much. Not classy.


Morgan Stanley Considering Denying (Some) Employees Access To The Building

For the last year or so, Morgan Stanley CEO James Gorman has sent a simple message to employees grumbling about compensation: STFU or GTFO. Now, according to Charles Gasparino, the bank may be telling a few employees to GTFO regardless of whether or not they've been bitching about pay.