Despite telling Morgan Stanley's legal counsel that he and Anna Gristina/Scotland were merely "friends" as opposed to partners in a whorehouse that he was supposedly trying to help her line up financing for, broker David Walker, who has not been charged with anything, has been put on administrative leave "until the Manhattan district attorney’s office concludes its investigation." [FBN, earlier]
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.
Manhattan DA Pumps The Brakes On Mom/Madam's Brothel Just As It Was About To Really Take Off With The Help Of Her Contacts In The Business World
[caption id="attachment_69903" align="alignleft" width="240" caption="HQ on East 78th Street"][/caption]As the entrepreneurial among us know, successful, brand name business don't just happen overnight. They take blood, sweat, tears and in some cases, other bodily fluids, that the public never sees. Anna Gristina was nearly there. The mother of four (who went by the name "Anna Scotland" professionally) had been providing hookers for to "wealthy, powerful men" ("politicians, top-law enforcement, influential lawyers, bankers, entertainment execs and Fortune 500 businessmen") out of an Upper East Side whorehouse for a decade and a half, had developed a thriving client list willing to pay between $1000 (for a "Dream Girl") to $2000+ (for an “Ultimate Elite Model”) per appointment, and made millions in the process. She was ready for the big time. Just the other day, in fact, Gristina/Scotland was sitting down at the office of her friend and business associate, a Morgan Stanley employee, to hear his plan for "expanding her operation through the Internet." And then this happened. The petite, blond Gristina was caught on wiretaps claiming “to have made millions over the 15 or so years she has been in business as a madam,” Linehan said, according to newly released transcripts of the Feb. 23 hearing...Known in the industry as “Anna Scotland,’’ the Scottish native was nailed as part of a five-year investigation by the DA’s Official Corruption Unit, which probes NYPD and other uniformed officers for possible misconduct. At one point, Gristina was caught on tape saying her law-enforcement pals were “poised to help her out, to let her know if there is trouble on the front that she needs to be concerned about, particularly back during the Eliot Spitzer investigation,” Linehan said, referring to the former governor’s hooker scandal. An arrest warrant was issued for Gristina last month. When cops arrived at her upstate home, where she rescues wild pigs and raises pit bulls, they didn’t find anyone — but a wild boar chased a police officer around, the sources said. Gristina was nabbed soon after in the office of a Morgan Stanley banker and “close friend.’’ It's unclear if the friend was part of MS's dominant tech team (and was entertaining Gristina/Scotland at HQ*) but knowing they tend to go after big fish companies about to pop it's highly probable.** Hot mama is kink link to rich: DA [NYP] High-end madam busted for running upper East Side brothel is a suburban mom with four children [NYDN] *I know the tech team is based in California-- MAYBE THIS DEAL WAS SO HUGE THE GUY WANTED TO INTRODUCE GRISTINA/SCOTLAND TO BIG JIM. **In our minds. Just let us have this.
Layoffs Watch '12: Morgan Stanley
Employees within fixed income may need to find room at another inn. People inside Morgan Stanley are bracing for layoffs in the fixed income department. Sources inside Morgan Stanley say people within the fixed income business are expecting a dramatic downsizing of that business. They are not thinking about a total exit, maybe exiting certain parts of it, spinning those off if they can, but clearly a radical downsizing. MS Planning Layoffs [FBN]