Morgan Stanley Exec Who Bit Off A Colleague's Ear "Mike Tyson-Style": Current Vice Chairman Of Deutsche Bank Securities


Earlier this morning we briefly mentioned an anecdote from a new book by Nina Godiwalla called "Suits: A Woman On Wall Street," about a Morgan Stanley official who, during an argument at a team dinner, leaned over "as if to whisper something in his junior colleague's ear and then took a bite out of it, Mike Tyson style." Some doubted the truth to the story but luckily, a few readers who were there at the time assured us that in fact true. Also, apparently some of you may know this guy, as the ear biting incident didn't hurt his career, which, following MS, included being the CEO of Thomas Weisel and Vice Chairman of Deutsche Bank Securities, a position he currently holds.

On Sept. 7, Elena Drill, a former Russian model and Morgan Stanley administrative assistant, was found dead with a boyfriend in her Manhattan apartment, in a bizarre murder-suicide. A week later, The Wall Street Journal reported that Drill had had an affair with Robert Kitts, [not the guy who killed her] a $7 million-a-year Morgan Stanley managing director who during a dinner last winter bit the ear of an analyst during a fight. The Journal said that upon learning in July that he had not ended his affair with Drill, the firm forced him to resign. (Word out of Morgan Stanley was that senior bankers were appalled not by any of the story's sordid details, but by the fact that this guy Mr. Kitts was making $7 million.)

Let this be a lesson to you all: biting off someone's ear, not necessarily an impediment to success!

Morgan Stanley's Season In Hell [NYO]
Robert Kitts [LinkedIn]


Morgan Stanley Exec Maintains Innocence Re: Stabbing Cab Driver

William Bryan Jennings, the co-head of North American fixed-income capital markets at Morgan Stanley who is currently on leave, appeared in court today (wearing "a blue suit, white shirt and patterned tie") to plead not guilty to assault and hate-crime charges. Those charges would be the ones that resulted from an incident in which he took a cab from Manhattan to Connecticut (with a fateful stop for snacks), got into a dispute with the driver over the fare, and "accidentally" stabbed the guy with a pen knife. According to Bloomberg, following the plea, WBJ and his lawyer "drove away in a pickup truck."

Morgan Stanley Exec "Accidentally" Stabs Cab Driver After Difference Of Opinion Re: Fare

William Bryan Jennings is the co-head of North American fixed-income capital markets at Morgan Stanley, though his responsibilities have been passed onto a coworker for the time being until a particular matter is "resolved." That matter would be a cab ride he took on the evening of December 22, which resulted in Jennings being charged with "second-degree assault, theft of services and second-degree intimidation based on race or bigotry." At present, there are two conflicting stories about what happened. According to the cabbie, Jennings was driven from Manhattan to his home in Darien, CT, at which point he refused to pay the $200 cab fare and instead began "threatening the driver and using racial slurs," before intentionally stabbing the guy's hand with a "pen knife" that he "uses for fishing." According to Jennings' lawyer, upon arriving at in Connecticut, WBJ, who colleagues have described as the "nicest guy you'll meet," was appalled to learn of the "exorbitant amount" the driver was charging (which WBJ claims had been upped to $300). After refusing to pay, the driver supposedly told Jennings he was "going to take him back to the city," at which point Jennings pulled out the pen knife he had on him and "demanded to be let out of the car because he was fearful for his safety," cutting the driver who WBJ "did not intend to hurt" after he put his hand through the dividing window. Jennings' lawyer has 1) denied the racial slurs and 2) said it's “mind-boggling" that his client was charged and not the other way around (though, according to reports, the driver called the police at 12:30am to report the incident, and Jennings never did). As none of us were there at the time, we should refrain from speculating as to which half of the he said/he said is telling the truth. Though clearly there are a couple of important takeaways here, including but not limited to the fact that if one is going to snub the Metro North, one should expect to pay, figuratively but more so literally. Manhattan to Connecticut? I've had rides from the UWS to Midtown East cost upwards of $40. Let's not do this dance.

Former Deutsche Bank Exec And LAPD Not Yet Seeing Eye To Eye On "Savage Beating" Incident

According to the police, they found Brian Mulligan high on bath salts after "several" calls had been placed about a man in the area "trying to break into cars" that fit Mulligan's description. He supposedly told them he was "tired," which they say is why they drove him to a motel to get some shuteye. When he (allegedly) emerged hours later and started running through traffic despite officers' orders to get out of the street, later assuming a "fight stance," they decided it was necessary to deal with him in an aggressive manner. Didn't want to, felt they owed it to him. According to Mulligan, this is what happened: