Anyone, anyone?

An MS Broker got a recruiting letter from Wachovia that talked about the changes at MS and mentions that he could be fired next.

I doubt they would want to pick off MS Brokers who are on the verge of being fired if they were going to to the same thing.  I would be really surpised if they announced cutbacks.

This is all I have heard so far about Wachovia reorganization stuff:

PCG cut back its 10 regional districts from 10 to 8 last month. I can probably get you the internal WB document (from Jim Donley) as I think I saved it.

Here's who's in charge now:

Mike Carroll---NYC Metro, northern NJ, ME, NH, RI, CT, and MA (includes that infamous Boston office)---he's a PRU guy.

Patricia Bates---VT, southern NJ, upstate NY, WVA, PA

Bill Rogers--DE, MD, VA, DC, SC, NC

Scot Winter--SE states

Keith Vanderveen (surprised he has survived so long)---lower Midwest

Dave Oberman--SW (again, surprised he has survived so long, too., must be hard to find good help in TX)

Scott Binder--upper MW and the Plains states

Terry Chase---west coast (have been snagging many MWD brokers recently---some with pretty decent production numbers)

On another note, I guess you heard Dain Rauscher (Royal Bank's US brokerage arm) has a new CEO.