Posted on 01/05/2006 9:48:16 PM PST by MRMEAN
NEW YORK -- Morgan Stanley has fired a stock-research analyst and three sales staffers in the Wall Street firm's institutional-stock division after they accompanied one or more clients on a visit to an adult-entertainment club, according to people familiar with the matter.
The firing of the staffers, all men, sent a message that exclusionary, male-only activities won't be tolerated at the firm, according to people familiar with the matter. In mid-2004, Morgan Stanley agreed to pay $54 million to settle a gender-discrimination case. As part of the settlement, Morgan Stanley denied wrongdoing but agreed to take additional steps to promote diversity and conduct antidiscrimination training.
One of the complaints in the gender-discrimination case brought by the Equal Employment Opportunity Commission was that women in the same institutional-stock division had been improperly excluded from certain client-related activities such as male-only golf outings and strip-club visits.
The EEOC complaint in 2001 followed an individual complaint filed with the EEOC in 1998 by a former institutional-stock saleswoman, Allison Schieffelin, who was fired in 2000. She had charged that gender discrimination caused her not to be promoted to managing director.
...
In the recent episode, the four fired employees were all technology-industry specialists who made the strip-club visit during free time while they were attending a three-day Morgan Stanley conference for tech investors in early November at the Arizona Biltmore Resort & Spa in Phoenix.
The firm has a policy against participation in an exclusionary event while on company business, people familiar with the firm said. One rule specifically bars attending adult-entertainment establishments in connection with company business. One or more clients were present at the Arizona establishment, one person familiar with the matter said.
(Excerpt) Read more at online.wsj.com ...
That was my first thought as well.
Yeah, it's not naive to think that a girl you are paying to give you a lap dance is doing it because they like you. People who go to these places are losers who need to get a life...especially if they are over 19 and still doing it.
He was also a hockey player which tells you something.
It tells me that he was no stranger to a good fistfight and you had the smarts to retain all of your teeth.
That would be more up my husband's alley. I'm a big homefront buff, and although I love the history, I don't follow it as much as he does (History Channel 24/7).
My Great-Uncle was POW in Germany, taken at Anzio and held for the duration. They "escaped" and walked for about three days, only to run into some American GI's who told them that the war was over.
Guess that would explain the easy "escape!"
Lawyers are also mercenary as are "expert witnesses." It's set up to be an adversarial system. It isn't perfect, but it functions reasonably well.
"It tells me that he was no stranger to a good fistfight and you had the smarts to retain all of your teeth."
Are you kidding? Hockey fights are like the WWF all show and no substance.
I was working my way through my degree as a niteclub bouncer averaging three fights a week.
I was measuring the dimensions of his grave while he was blubbering in my face.
It's only because the senior partners were ten feet away that prevented me from removing him from the fossil record.
For a thread involving strippers, this is a little tame.
Maybe I'm showing my age by being so down on strippers. It just seems to me that going to a strip joint is like watching your ex wife peel her clothes off in front of your buddies.
It's not exciting, you aren't going to have sex with her and could care less. I just don't get the thrill.
But... maybe just... could it be that... Oh I just don't understand!!!
Strip joints are what they are -- they're good for about the third or fourth stop on a bar crawl the night before a buddy gets married. As a place to do business, they're lacking if for no other reason than the obvious distraction and the noise/music, which far outweighs whatever bond is created by engaging in a small vice together.
As far as the girls are concerned -- I regularly drink in a bar where they hang out -- it's just amateur hour these days. The profession used to be filled with "wised up" chicks with street smarts. Now it's just these goofy girls looking to escape some small town.
The last good stripper I saw was in Vancouver in 1984.
She was an athlete who took a run a the pole and clipped it between her knees seven feet off the ground and held her position while waving at the crowd. She then did a no hands spiral descent and landed on her feet.
The nudity at the end was an anti climax pardon the pun.
This is not the 80s.
The last good stripper I saw was Tempest Storm (don't ask). The show included stand up comics.
This is an attack on MEN and Testosterone by the Feminist. What they want is to neuter all men, and make females the ones in charge. It is reverse sexual harassment. By the way I do not think woman are blocked from going to strip clubs. Bring back the Macho Male.
"This is not the 80s."
Well the posted article tells me that not much has changed in the last twenty years.
I stand by my comments. Entertaining clients at strip bars either on the company dime or your own CC is unprofessional.
I find the whole 'boys will be boys' rationalle completely juvenile.
Do you think Bill Gates got where he is by holding business meetings in strip bars?
Strip bars are for carpet saleman who aren't closing so they try to bribe their clients with a cheap thrill.
"Tempest Storm?"
You totally rock!!!!!!
That is a moment in Burlesque history.
I'm so jealous.
The Georgia Peach herself. She must have been 60 at the time. And there were all these old guys in the audience whooping it up.
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