Comments on: Morgan Stanley Parties On Without Garth, and His Guanxi, in Shanghai

By: Stan

Stan — Thu, 19 Nov 2009 06:52:11 +0000

That’s life online. With every blog post out there, you get an implied “If this information is accurate, then I have the following comments . . .”

I’m sure MS has their own spin on this, not that it necessarily makes them look all that good anyway. I would find it very hard to believe, for example, that no one in the organization knew about the alleged improprieties. It’s all great when everyone is making money, but when folks start getting caught, the finger pointing begins.

Unless the charges of corruption are completely fabricated (very hard to believe), then all parties involved come out looking like serious scumbags.

By: garth

garth — Wed, 18 Nov 2009 22:00:33 +0000

don’t believe everything u read in the newspapers. much of the story there was planted by MS. George Chen of reuters got it from MS’s PR manager in HK, Nick Foottit. MS wants to position the story its own way… All other newspapers picked it up from Reuters. It is a sordid tale, but not the way the newspapers have printed it.

By: Stan

Stan — Fri, 13 Nov 2009 12:35:11 +0000

You said it, brother. The attitudes seem to get worse the more that the focus of a particular “deal” that the lawyer is handling involves finance and the less everyone is concerned about the actual target of the transaction (e.g. land, corporate entity, technology). In other words, securities, venture capital, real estate.

I like getting my metaphorical hands dirty working with “things,” which might be interesting, and not just papering over a transfer of money from Point A to Point B (boring).

By: stevelaudig

stevelaudig — Fri, 13 Nov 2009 12:19:17 +0000

Like the snappiness of this post. I’m a retired lawyer [25 and out] soon to be teaching “talk” English in Changsha. The descriptions match my experience and observations, not of the real estate types, but of their piggish analogues now multiplying in the legal profession.