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Risk is back! Wall Street don't give a dam about the administration.

Started by Riversider
almost 16 years ago
Posts: 13572
Member since: Apr 2009
Discussion about
http://www.ft.com/cms/s/0/1f1a9eb0-0e9c-11df-bd79-00144feabdc0.html Morgan Stanley plans to boost its underperforming securities business by hiring several hundred traders over the next few years in an effort to close the gap with Wall Street rivals, according to James Gorman, the new chief executive. “We are not showing clients enough,” he said. “We don’t have people on the ground. We are not sufficiently penetrated with large clients and there are some smaller clients we are missing out on.”
Response by notadmin
almost 16 years ago
Posts: 3835
Member since: Jul 2008

lol "don't give a dam about the administration." i wouldn't either.

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Response by patient09
almost 16 years ago
Posts: 1571
Member since: Nov 2008

I think the Govmnt just said they will take revenue at any cost now with the new budget being proposed, irrespective of its origin.

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