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Re: 580 Morgan Stanley Soon To Be Former-Employees Learn They Are Redundant Courtesy Of The Dept Of Labor 

By: Decomposed in ROUND | Recommend this post (1)
Wed, 28 Dec 11 6:59 AM | 32 view(s)
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Msg. 37403 of 45651
(This msg. is a reply to 37399 by capt_nemo)

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Unbelievable! But if it had to happen, I couldn't have picked a more deserving group (outside of the Fed, of course)!




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Gold is $1,581/oz today. When it hits $2,000, it will be up 26.5%. Let's see how long that takes. - De 3/11/2013 - ANSWER: 7 Years, 5 Months


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The above is a reply to the following message:
580 Morgan Stanley Soon To Be Former-Employees Learn They Are Redundant Courtesy Of The Dept Of Labor
By: capt_nemo
in ROUND
Wed, 28 Dec 11 2:23 AM
Msg. 37399 of 45651

That's big of them. They don't even have the ba$$s to tell THEIR employees they have been axed............

Submitted by Tyler Durden on 12/27/2011 16:12 -0500

Citigroup
Credit Suisse
Morgan Stanley
New York City

Previously it was Credit Suisse and Citigroup. Now it is Morgan Stanley's turn, as 580 employees in the firm's three New York office learn they are about to get the boot courtesy not of the HR department but the DOL's WARN website, which just happens to be the best real-time indicator for observing the transition of the soon to be former 1% into the 99%.

From WARN:

http://www.zerohedge.com/news/580-morgan-stanley-soon-be-former-employees-learn-they-are-redundant-courtesy-dept-labor?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29


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