[quote=doberman]

MS's Mack is backing Mrs. Bill Clinton for President.

[/quote]

mikebutler, please comment.

MS once paid bill clinton 100k to speak at a conference. you would not believe how many negative calls we had to field. i  lost one account, but other lost more. It is a love/hate thing with the clintons. the client who left me was a religious person and could not understand why we would support someone like bill. I am in Virginia so maybe the fallout was worrse here than other states. Maybe it is phil purcell that is backing billary and they got the press release wrong

[quote=aldo63]MS once paid bill clinton 100k to speak at a conference. [/quote]

Yep, and you'd think Mack would have learned. I simply can't understand why anyone in business would take the risk of offending at least 50% of their client and prospect base by doing this. Unless it's been twisted in the press, it's just dumb dumb dumb.

I agree Mike.

I certainly don't make my political leanings public to my clients. However, I will make known (if asked) that I support whatever candidate best represents the principles of freedom, free enterprise, etc.

Afterall, we're in the "Wall Street" business. Heavy government regulation and intervention will kill Wall Street, not to mention our livelihood.

U think the Clintons are with MS PWM?

[quote=DirtyDeltaBro]U think the Clintons are with MS PWM? [/quote]

I hear Hillary trades commodities with them…

[quote=joedabrkr] [quote=DirtyDeltaBro]U think the Clintons are with MS PWM? [/quote]

I hear Hillary trades commodities with them....
[/quote]

 Yeah, I want in on that action! Turning $100,000 into over a million, in a matter of weeks. Ohhhhhh yeeeeaaaahhhh!!!!

Wow...backing any candidate, even worse, Hillary has got to be one of the most bone-headed moves I've ever seen.  MB, for your sake, I hope the press has this one wrong, or that Mack recants ASAP.  Geez..could he pick a more divisive candidate?!!

Guys, maybe the conversation went something like this:

"John, you won't be able to have sidebar chats with Art S. anymore in 2009. Dubya's loyal lackeys Alberto (DOJ) and Chris (SEC) will be gone. Hillary very well might win. I am backing her as an insurance policy for you. You're my meal ticket, John, and this move makes good cents!"

Anyone read CIO.com's latest issue? There's an interesting article in there about Morgan Stanley.

Sounds like the "news" came from Hilary's campaign and was confirmed by someone with MS.

http://www.cnbc.com/id/18351771

BusinessWeek also said the heads of Lehman Brothers, Goldman Sachs and JPMorgan Chase have all favored Democrats in their political giving patterns over the past few years, citing contribution tracker PoliticalMoneyLine.

A representative from Morgan Stanley confirmed that Mack and his wife Christy Mack have made a personal decision back Clinton.

Contributions to Political Committees

MACK, JOHN
NEW YORK, NY 10036
MORGAN STANLEY & CO INC

Warren Spector (BSC) and Dick Fuld (LEH) are probably backing her, too. Not sure who Rich Handler's (JEF) backing. Spector and Fuld are lifelong Democrats.

Maybe John wants Hillary to teach him how to trade commodities. I hear she's pretty good!