if it wasnt for mack shed be loooong gone.
Morgan Stanley’s Cruz Cruises to $13.6 Million Bonus
After, pulling down a $7,740,000 bonus last year, Morgan Stanley’s acting president Zoe Cruz, who’s been at the firm since 1982, was rewarded yesterday with 236,738 shares worth $13.6 million. Sounds good to us, but knowing the competitive juices that flow in these places, it’s possible Ms. Cruz won’t be entirely pleased about the fact that Neal A. Shear, co-head of institutional sales and trading, received a bonus worth $16.2 million. Overall, the firm’s top 17 execs walked away with $111.7 million of stock.
Morgan Stanley Bonuses [NY Times]
Zoe Cruz Comp Profile [Forbes]
Comments:
because the I-bankers don’t like her? they don’t matter anymore… it’s all about fid and prop trading now..
hmmm, i-bankers? vikram pandit was an i-banker? john havens was an i-banker? what about guru Ramakrishnan...was he an i-banker too?
get your facts straight.
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