Employee Of Wall Street's Merril Lynch Dumps On Bonus Cuts

Setting The Story Straight On The Merrill Bonus Rage

Earlier this afternoon, CNBC’s Charlie Gasparino reported that some guy in Merrill Lynch’s fixed income research group had “inappropriately relieved” himself in protest of the downsizing of his bonus. Merrill has officially explained that this was simply an unfortunate accident, and then the bank turned red and scurried to the other side of the room.

We’ve been digging into this story because the way it’s told by the delicate souls at CNBC, it’s way to vague. What worse, the vagueness is giving rise to rumors that are totally untrue. It's fast becoming the Wall Street equivalent of an urban legends. Here’s what didn’t happen: a guy did not urinate on his desk because he was “pissed off.” The real story is so much worse.

In the first place, it wasn’t piss. It was shit. DealBreaker can confirm this much. After that the details get a bit fuzzy. The way we first heard it is that a guy took a dump in the rest room, stomped in it, and then dragged it all over the place by walking around with it on his shoes. Merrill’s story is that there was “an unfortunate accident” in one of the stalls—which we take to mean that some guy smeared his shit all over the bathroom because how the Hell could you miss the toilet—and that another person inadvertently stepped in it and tracked it all over.

So now you know.

http://www.dealbreaker.com/2008/01/like_feces_throwing_monkeys_me.php#more

 

It's all unfortunate to tell you the truth. The real class act would have been to been discreet by leaving and "upper decker".

Those Wall Street types, so uncreative really.


Good Luck!

 

this reeks of stanley o'neal

 

Merrill is lucky that all of their customers that bot CCC paper that was sold as AAA rated didn't take a deuce in the lobby....