Business class:

Gentner Drummond likes money and seeks power. 

For laughter they make bread, and wine will gladden the living: and silver will answer with all. Ecclesiastes 10:19

At Morgan Stanley, I worked side-by-side with Scott McDavid (now Global Head of Equities at Barclays). He reported to Pete Santoro MIT '93 (now Global Co-Head of Equities at Millennium), and above him, Ted Pick (now Chairman and Chief Executive Officer at Morgan Stanley). I reported directly to Scott McDavid and I worked within seeing distance of the other two. Scott McDavid witnessed me being abused on the desk and I still went on a daily Starbucks coffee and tea run at a location in Times Square for a few people as part of my job. One of them would prompt me at 2pm by saying my name and the word, "coffee." Another person, who ordered tea, once threatened to punch me in the face at work. This was around the same time as the other one shoved me while I was at my desk. One day on the desk, I said that I signed up for a job and not a fraternity. People seemed to think that I was suicidal. I wasn't. I was very aggressively treated by multiple people on the desk run by Scott McDavid.

A file shows an email that was sent by me personally. I sent this email more than two months after I was told by Scott McDavid that I was being let go. I was fired on June 7th, 2016. Scott McDavid lied to me about my career and tried to greet me like a friend despite being someone who was taking my life as his own personal support system. He gave advice, regarding my personal decisions, that would impede me financially and cost me more money for rent. This includes the neighborhood where I was renting an apartment and how I was interacting with other managing directors. He discouraged me from living in Harlem and suggested it was dangerous. At one point, he asked me how much the rent was at a specific place in a different neighborhood and (in the same conversation) talked about an analyst's salary. He said that it is okay to manipulate people if you do it for a good reason; those are his words.

In a conversation in an office, I directly asked about how to get promoted and whether I should take steps to make anybody at the firm like me so that I could be promoted. Scott McDavid directly said that he promotes based on merit. I am exercising a largely worthless First Amendment right to free speech. Scott McDavid is unable to prove that any of these truths are false.

I have been almost entirely without an employer for nine years, apart from approximately four months of employment. I received a Bachelor of Science degree from MIT in 2014, and after that, I have accepted every job offer that I have received and I have even considered working at a place that would indebt me for access to greater capital than I have. I have flown into New York City for interviews. I have interviewed by phone from a motorcycle parked roadside in a jungle in Guatemala. That was in 2017.


Scott McDavid set up a one-on-one termination meeting on June 7th, 2016, in which he told me that there would not be a position available to me on the single-name options desk where he had hired me. After the termination meeting, Scott walked out and another person entered the room. Other traders on the desk took turns telling me what to change about myself. When one person left, another person came in, and so forth until every trader on the desk had participated except one person. Thomas Hauch did not participate at all and referred to it as a gauntlet when he was talking to me about it later. Tom was the only other analyst on the desk. According to Scott in the one-on-one meeting, I had one month to find a position outside of the firm before being let go. This later became two months and one week per his authorization. That contradicted what he had said in the termination meeting. I did not find a job and left at the end of that time.

The last email I sent at Morgan Stanley was sent accidentally.

Today is my last day at Morgan Stanley.

It turns out that, for a young person at Morgan Stanley, gamesmanship and perception are a bigger part of success than profitability or product mastery. I have heard from a number of my friends, including other young people who have left this firm, that Morgan Stanley systemically mismanages its young talent. I certainly feel that way. Working here was a humiliating experience due to the treatment I received, and getting fired despite fighting to keep Scott's book above water while he was moving and having his first kid, without being allowed to make any big trades, was a tough contradiction between good performance and damning results.

My next step is to trade vol at a firm where I will be judged by the quality of my work, ideally further downtown.

Phil Crawford's beard makes him look like a dipshit.

Arya

Phil's beard was not a major hindrance in my day-to-day work. The email was sent internally on August 12th, 2016. The email contains the word "fired," and I was instructed to say that, technically, my departure marked the conclusion of the two-year analyst program. That was technically true and I was intimately aware that I had been fired. Travis Chmelka from Goldman Sachs texted me immediately after Scott McDavid walked out of our termination meeting. It was a matter of seconds. I went out with the trader from Goldman Sachs for drinks on the same day that I was fired from Morgan Stanley. Scott McDavid has privately denied setting up that interview.

I traded options for myself after leaving.