Morgan Stanley to Cut 1,000 Brokerage Jobs

There is a pronounced beginning of a pattern on Wall Street.

http://www.bloomberg.com/apps/news?pid=20601087&sid=ayCuJzxxsZsY&refer=home

 

Love that headline: "Morgan Stanley to Cut About 1,000 Jobs, Person Says"

Did a person really say that?

 

Nice. Time to call up my recruiter friend at MS to get me a job there.

 

hmm. They missed Christmas. It would have been a nice touch, and very predictable, to do this over Christmas.