Showing posts with label Morgan Stanley. Show all posts
Showing posts with label Morgan Stanley. Show all posts

Saturday, March 3, 2012

All you can can say --- is you knew better....so now civilization will pass judgment.

William Bryan Jennings, Morgan Stanley’s bond-underwriting chief in the U.S., was charged with a hate crime in the stabbing of a New York City cab driver of Middle Eastern descent over a fare. 

Mohamed Ammar said the banker attacked him Dec. 22 with a 2½-inch blade and used racial slurs after a 40-mile ride from New York to the banker’s $3.4 million Darien, Connecticut home.

Jennings, who had attended a bank holiday party at a boutique hotel in Manhattan before hailing the cab, refused to pay the $204 fare upon arriving in his driveway, the driver said. When Ammar threatened to call the local police, Jennings said they wouldn’t do anything to help because he pays $10,000 in taxes, according to a report by the Darien police department.

Ammar, a native of Egypt, said he then backed out of the driveway to seek a police officer. The banker called him an expletive and said “I’m going to kill you. You should go back to your country,” according to the report, filed in state court in Stamford. A fight ensued as they drove through Darien, and Jennings, 45, allegedly cut Ammar, 44, police said.

The banker, who eventually fled the cab and turned himself in two weeks later after a vacation in Florida, was charged with second-degree assault, theft of services and intimidation by bias or bigotry. He faces as long as 5 years in prison on the assault charge.

Friday, October 28, 2011

Occupy Wall Streeters' offer to buy CEO of Morgan Stanley lunch!!!

On Friday, Occupy Wall Street marched north. Long before the marchers arrived, knots of New York City police could be seen in front of just about any financial office in midtown; the big banks also had barricades and security checks. The protesters were orderly (they even waited for traffic lights to turn before crossing, which is rare for anyone in the city), carrying signs such as "you got bailed out, we got locked out" and "Billionaire Pigs" with pictures of Jamie Dimon and other bank CEOs wearing snouts.

Once in place, they took to chanting ("modify loans, keep us in our homes") and reading from letters sent by OWS supporters to bank executives. The big difference uptown was that there are a lot more bona fide bankers. If you want to yell at big banks, don't go to Wall Street -- go to Park Avenue. That's where JPMorgan Chase and Citigroup have their headquarters; the Bank of America Tower is a few blocks away. As demonstrators dressed as "bank pirates" rode up in pirate ship/bikes, curious Chase employees snapped pictures and watched from the windows above. (According to a tweet from @TheOther99, while at the Morgan Stanley building, demonstrators invited CEO James Gorman to lunch: "We'll pick up the tab..we've been doing it for five years!")