Fired Morgan Stanley Trader And Small Person Lover Appears To Have Found Ways To Pass The Time

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Spartanburg County, S.C., sheriff's deputies told WXII sister station WYFF that they were called to a Motel 6 on Sunday night after a guest nearly punched through to the next room with a wrench. When deputies arrived, 73-year-old Joseph Jones told them someone had called his room about 11 p.m. and said he was a manager at the motel. Jones said the male caller told him the previous guest had installed highly sophisticated cameras in his room. The caller told Jones not to bother looking for them and instead, the caller would instruct him on how to get rid of the cameras...Next, he was told to remove the back toilet cover and to smash the TV with it. He did and the cover shattered without breaking the TV screen, so he was instructed to throw the TV outside. Jones did as he was instructed. At some point, according to the report, Jones gave the caller his cell number so he did not have to keep running back to the room phone...Jones said the caller then said that a "midget" who was 4 feet 3 inches tall was barricaded in the room next to him and that he needed to help police get to him. With that, the report said, Jones took his wrench and began to break away the wallboard behind the room door. He broke through to the next room, but then stopped due to complaints from other guests about the loud noises. [WXII, previously]

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Guy Who Was Fired By Goldman Sachs For Amassing "Inappropriately Large" Position Welcomed With Open Arms At Morgan Stanley

Back in December 2007, things weren't going so well for Matthew Marshall Taylor. He'd just been fired from Goldman Sachs and not only was he out of a job, but his prospects for finding a new one didn't look so hot, on account of the fact that Goldman planned to put a note in his file detailing the reason he'd been let go-- "for building an 'inappropriately large' proprietary trading position"-- and it seemed unlikely anyone at the firm would be open to serving as a reference for him moving forward.  Three months later, however, one bank told MMT that there was room for him at their inn. Morgan Stanley, apparently having decided the incident at Goldman was but an asterisk in what would be a long and fruitful career, told Taylor to come on down, employing him for over four years until he left in July of his own accord and not because of any legal issues relating to his work at Goldman Sachs. Taylor was accused yesterday by the U.S. Commodity Futures Trading Commission of concealing an $8.3 billion position in 2007 that caused Goldman Sachs to lose $118 million. Goldman Sachs fired Taylor in December 2007 and cited “alleged conduct related to inappropriately large proprietary futures positions in a firm trading account,” in a so-called U-5 form, according to a Financial Industry Regulatory Authority document. Morgan Stanley, which had employed Taylor before he joined Goldman in 2005, re-hired him in March 2008, according to the records. Taylor, who handled client-related equity derivative trading at Morgan Stanley, left the firm in July, according to Mark Lake, a company spokesman in New York. His departure wasn’t related to the CFTC complaint filed against Taylor yesterday in federal court, according to a person familiar with the situation, who requested anonymity because the information is private. Taylor concealed the position by bypassing the firm’s internal system for routing trades to the Chicago Mercantile Exchange and manually entering fabricated futures trades in a different internal system, according to the complaint. Goldman Sachs, which wasn’t identified in the CFTC lawsuit, said Taylor allegedly made the trades while employed at the firm. Anyway, since MMT is a free agent at the moment, if any other banks would like to overlook the blip, please do get in touch directly. Citi, BofA? At least just think about it. He was good enough for Morgan Stanley, he should be good enough for you. Morgan Stanley Hired Goldman Trader Accused Of Hiding Position [Bloomberg] CFTC Charges Matthew Marshall Taylor with Fraud for Fabricating and Concealing Trades from His Employer and Obstructing Their Discovery [CFTC]