James Gorman Invites Morgan Stanley Employees To Help Educate, Elect Politicians Who Support The Bank's Business Objectives

Author:
Updated:
Original:

Email to all staff from the Morgan Stanley CEO sent today:

By law corporations cannot contribute directly to candidates for federal office. However, we are permitted to maintain a political action committee, MSPAC, which pools together employee contributions to support candidates. By banding together to participate in the political process, we can educate lawmakers as they prepare to draft new rules addressing taxes, wealth management and other critical financial services issues. MSPAC helps elect candidates who support our business objectives.

Suggested giving levels:

* Management committee $5,000
* Managing Director $2,500-5000
* Executive Director/SVP $1,000-2,500
* VP $500-1,000

Related

Charlie Gasparino Names Morgan Stanley Guy Allegedly Helping To Expand UES Brothel Business

Earlier this morning it was reported that Morgan Stanley "reviewed its visitor logs" upon hearing that one of its employees was supposedly conducting business with Anna Gristina/Scotland, a purveyor of prostitutes, when she was arrested this week. In the event the bank is still on the hunt, Charlie Gasparino claims to have a name. "...the executive involved with UES madam has been identified as David Walker, a broker in the midtown office. He has not been charged and didn’t return calls. Morgan Stanley has no comment." Not to be confused with this guy.

Morgan Stanley’s Gorman: What Investigation?

James Gorman, aka “Jimmy G,” is sick and tired of all these reporters suggesting his firm is under some kind of investigation by the Feds. Just because Goldman has been charged by the SEC, doesn’t mean Morgan Stanley, which lost a lot more money than GS during the crisis, also bet against its own shitty CDO deals. All the noise surely points to a conspiracy of short-sellers. We know who you are. Now go back to watching Miss USA pole dancing.