to be fair to gorman, there was no way he could have known. both taubman and kelleher were really popping, but one of them had to go

 

Such a baller! Kelleher and his entire team must be beating the shit out of themselves.

"I do not think that there is any other quality so essential to success of any kind as the quality of perseverance. It overcomes almost everything, even nature."
 

Frank Sinatra — 'The best revenge is massive success.'

"I do not think that there is any other quality so essential to success of any kind as the quality of perseverance. It overcomes almost everything, even nature."
 
Best Response

Taubman is definitely a unique/rare case. It's not that surprising given the guy is arguably one of the highest profile bankers globally. M&A (product wise) and M&T (industry wise) are both the bread and butter of Morgan Stanley, and Taubman has spent time leading both over a period of ~15 years, before becoming Global Head of IBD.

He is also very familiar with all the companies involved - he worked on Time Warner/AOL in 2000 ($160Bn) as well as Comcast/AT&T Broadband ($58Bn) in 2002

He's basically a modern day Robert Greenhill, Joe Perella etc, and we know how that's turned out

 
abacab:

Looks like MS is still the (possibly lead) sell side advisor for TWC. They did fine. Couldn't represent both sides anyway.

Yes, they're doing fine, but for PJT to do this as an independent advisor is just amazing.

James Gorman is probably sitting in his office overseeing Times Square and just thinking about what shitty decision he made. Although, hindsight is 20/20.

 

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