Barely Hired at Morgan Stanley, Trading Savior Nears CEO’s Perch
- Ted Pick has waged bank’s rivalry with Goldman like none other
- He’s a company lifer, and tales of his colorful ascent abound
This article is for subscribers only.
The story at Morgan Stanley goes like this: Gary Cohn, then president of arch-rival Goldman Sachs, boasted he wanted to crush Morgan Stanley like a cockroach.
When Ted Pick heard that, he erupted. In one of his signature blue-streaked tirades, he ordered troops on his Morgan Stanley trading floor to stick it to Goldman.