MS Management Changes

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Mar 1, 2006 9:27 am

All the managers are at conference with Gorman.  Has anyone heard anything?

Mar 1, 2006 2:00 pm

No, but they changed the name of the brokerage division to: "Morgan Stanley Global Wealth Management". I guess a name change is all you get for $29 million.

Mar 1, 2006 9:52 pm

Gorman has alluded to management changes.  Possibly restructure or downsize the regions.  Anything at this point is a guess.  We'll find out more in the days to come.  The only sure thing is that there will be significant changes.

Mar 1, 2006 10:05 pm

They ordered out Chinese for lunch.  Gorman had the Moo-Shu pork, and got the plum sauce all over his white shirt and tie.  The delivery guy described him as a "sh*tty tipper."  That's all I've got so far.

Mar 2, 2006 9:46 am
Soothsayer:

They ordered out Chinese for lunch.  Gorman had the Moo-Shu pork, and got the plum sauce all over his white shirt and tie.  The delivery guy described him as a "sh*tty tipper."  That's all I've got so far.



I heard some joke about chinese soup...can't remember the joke, but I think the soup was cream of Sum Yung Gai...

Mar 2, 2006 11:33 am

More news from the meeting.  My source tells me that Gorman used the mens room at the morning break, and allegedly returned to the meeting without washing his hands.  Yuck!  I don't know for sure whether he went #1 or #2. 

Mar 2, 2006 12:13 pm

He probably wiped with a hundo....

Mar 2, 2006 12:15 pm

Sooth, is that some sort of power potty move to complement the power lunch?

Mar 2, 2006 4:47 pm

Apparently, Gorman was given a list of top producers in the firm to call and speak with individually.  He called one rep, asked how things were going and the rep told him "things were going great - I just handed in my resignation and I'm moving to another firm."

Mar 2, 2006 4:53 pm
BrokerRecruit:

Apparently, Gorman was given a list of top producers in the firm to call and speak with individually.  He called one rep, asked how things were going and the rep told him "things were going great - I just handed in my resignation and I'm moving to another firm."


That was right after Gorman discovered the CBS back lot where the moonlandings were faked, right?

Mar 2, 2006 6:13 pm
mikebutler222:
BrokerRecruit:

Apparently, Gorman was given a list of top producers in the firm to call and speak with individually.  He called one rep, asked how things were going and the rep told him "things were going great - I just handed in my resignation and I'm moving to another firm."


That was right after Gorman discovered the CBS back lot where the moonlandings were faked, right?



The moon landings were faked?  Man is my world coming crashing down around me today. 

Mar 2, 2006 6:40 pm
dude:
mikebutler222:
BrokerRecruit:

Apparently, Gorman was given a list of top producers in the firm to call and speak with individually.  He called one rep, asked how things were going and the rep told him "things were going great - I just handed in my resignation and I'm moving to another firm."


That was right after Gorman discovered the CBS back lot where the moonlandings were faked, right?



The moon landings were faked?  Man is my world coming crashing down around me today. 




Be serious Dude, you ALWAYS thought they were faked, and Bush and the Tri-Lateral Commission was behind it 

Mar 2, 2006 7:08 pm
mikebutler222:
dude:
mikebutler222:
BrokerRecruit:

Apparently, Gorman was given a list of top producers in the firm to call and speak with individually.  He called one rep, asked how things were going and the rep told him "things were going great - I just handed in my resignation and I'm moving to another firm."


That was right after Gorman discovered the CBS back lot where the moonlandings were faked, right?



The moon landings were faked?  Man is my world coming crashing down around me today. 




Be serious Dude, you ALWAYS thought they were faked, and Bush and the Tri-Lateral Commission was behind it 



Oh........... You mean it wasn't Skull and Bones and the Illuminati? 

Mar 2, 2006 7:43 pm
dude:
mikebutler222:
dude:
mikebutler222:
BrokerRecruit:

Apparently, Gorman was given a list of top producers in the firm to call and speak with individually.  He called one rep, asked how things were going and the rep told him "things were going great - I just handed in my resignation and I'm moving to another firm."


That was right after Gorman discovered the CBS back lot where the moonlandings were faked, right?



The moon landings were faked?  Man is my world coming crashing down around me today. 




Be serious Dude, you ALWAYS thought they were faked, and Bush and the Tri-Lateral Commission was behind it 



Oh........... You mean it wasn't Skull and Bones and the Illuminati? 



It was before you found out Kerry was in S&B, now they're just dandy 

Mar 2, 2006 7:58 pm
mikebutler222:
dude:
mikebutler222:
dude:
mikebutler222:
BrokerRecruit:

Apparently, Gorman was given a list of top producers in the firm to call and speak with individually.  He called one rep, asked how things were going and the rep told him "things were going great - I just handed in my resignation and I'm moving to another firm."


That was right after Gorman discovered the CBS back lot where the moonlandings were faked, right?



The moon landings were faked?  Man is my world coming crashing down around me today. 




Be serious Dude, you ALWAYS thought they were faked, and Bush and the Tri-Lateral Commission was behind it 



Oh........... You mean it wasn't Skull and Bones and the Illuminati? 



It was before you found out Kerry was in S&B, now they're just dandy 



I never liked Kerry and frankly don't Kerry if he was in the Skull and Bones either.

Mar 2, 2006 8:04 pm
dude:
mikebutler222:
dude:
mikebutler222:
dude:
mikebutler222:
BrokerRecruit:

Apparently, Gorman was given a list of top producers in the firm to call and speak with individually.  He called one rep, asked how things were going and the rep told him "things were going great - I just handed in my resignation and I'm moving to another firm."


That was right after Gorman discovered the CBS back lot where the moonlandings were faked, right?



The moon landings were faked?  Man is my world coming crashing down around me today. 




Be serious Dude, you ALWAYS thought they were faked, and Bush and the Tri-Lateral Commission was behind it 



Oh........... You mean it wasn't Skull and Bones and the Illuminati? 



It was before you found out Kerry was in S&B, now they're just dandy 



I never liked Kerry and frankly don't Kerry if he was in the Skull and Bones either.




Sure... I believe you.... 

Mar 16, 2006 8:33 am

So...any updates?

Mar 16, 2006 10:40 am

We've been recruiting from MS for a long time now.  We've been getting a lot of "wait and see" from established producers.

HOWEVER, we've been getting a lot more "call me in X
months" recently.

The clock is ticking...


Mar 16, 2006 3:25 pm

ouch...changes on the news wire

Mar 16, 2006 3:48 pm

According to WSJ, Gorman will be eliminating all layers between himself and regional management.  Very bold move.  My hat's off to him.