Perdido 03

Perdido 03

Saturday, March 3, 2012

Morgan Stanley Banker Stabs Cab Driver On Way Home From Charity Auction, Still Has His Job

Can you imagine the outrage if this had been a teacher:

A high-ranking Morgan Stanley banker has been put on leave after being charged with bias-motivated intimidation and assault in a case involving a late-night taxi ride.

William Bryan Jennings, 47, was charged with second-degree assault, theft of services and intimidation by bias or bigotry for allegedly stabbing a Middle Eastern cab driver in December and making racially charged statements on his way home from the bank’s charity auction, a spokesman for the police department in Darien, Conn., said Friday.

A spokesman for Morgan Stanley confirmed the charges and Mr. Jennings’s leave.

Mr. Jennings, the Americas co-head of fixed income and capital markets for Morgan Stanley, refused to pay a cab fare for a ride back to his home in Darien from a charity event in New York in the early hours of Dec. 22, according to his lawyer, Eugene Riccio. Police say Mr. Jennings balked at the amount of the fare, using racial slurs and threatening the driver, then stabbed the driver’s hand with a pen knife when the driver reached through a partition into the back seat.

Here is what Jennings said happened:

In an interview on Friday afternoon, Mr. Riccio denied that his client had stabbed the cab driver or used racial epithets, and said that Mr. Jennings had been “taken against his will” when he refused to pay what he considered an outrageous fare.

According to Mr. Riccio, the driver, while stopped in the driveway of Mr. Jennings’ house, demanded $294 for the hour-long ride from Manhattan to Darien, where Mr. Jennings lives. Mr. Jennings, who has taken similar cab rides “many times over the years” and is “familiar with generally what it costs,” refused to pay the full amount, which was roughly double what he was accustomed to paying.

The driver then threatened to drive Mr. Jennings back to New York City if he didn’t pay the fare, Mr. Riccio said. Mr. Jennings tried to exit the car, but found the doors locked from the inside.

“He couldn’t get the door open,” Mr. Riccio said.

At that point, the driver sped away, with Mr. Jennings still inside, Mr. Riccio said. Mr. Jennings demanded to be let out of the car, then removed the knife from his bag as the driver neared a Connecticut Turnpike on-ramp. Mr. Riccio characterized the knife as a “pen knife” Mr. Jennings “uses for fishing,” and said that after the driver grabbed the knife, Mr. Jennings was able to exit the car and run roughly a mile back to his house.

Mr. Jennings did not come forward to police immediately because, Mr. Riccio said, he had “fear for his safety and that of his family.”

According to his 2001 New York Times wedding announcement, Mr. Jennings is a Williams College graduate and holds an M.B.A. from Northwestern.

As for why Mr. Jennings decided to take a taxi home to Connecticut after the charity auction, Mr. Riccio said that another mode of transportation “fell through,” and said Mr. Jennings took “what transportation was available to him.”

Mr. Jennings was released on $9,500 bail and is set to appear in court next week.

This happened in December.

It's now March.

Jennings the violent criminal by night has been working his Wall Street criminal job by day since the incident.

I love the excuse for why he didn't come forth to claim he had been "kidnapped" by the cabbie:

Mr. Jennings did not come forward to police immediately because, Mr. Riccio said, he had “fear for his safety and that of his family.”

Uh, huh - sure.

In the end, this guy thought he could get away with this because a) he is a bankster b) he works for Morgan Stanley and c) the government treats people from either of those categories with impunity.

As a matter of fact, so does the press.

Now had Jennings been a teacher, the story would have been front page in the Post the next day and the Murdoch hacksters would have been calling for his firing sans trial and conviction.

Once again, another example of the dual system we have in America for banksters and everybody else.

But also the dual system we have in this country for teachers and everybody else.

If you're a teacher, you are presumed guilty until you can prove your innocence.

Just ask this teacher from Graphics.

He was arrested for allegedly touching a student, the chancellor says he is outraged over this incident, and yet prosecutors agreed to the teacher's release without bail which is a move that, according to the anti-teacher NY Post:

Signalled the potentially iffy status of the case

Too bad his name and face were all over the media, the chancellor has already indicated he thinks he's guilty of the charges and the cops made sure to perp walk him into the precinct.

Guess he should have been a Morgan Stanley bankster.

Then he would have gotten the kid glove treatment and Chancellor Walcott would have said he deserves a presumption of innocence until he is proven guilty.


  1. Don't think the banker should be happy until at least the cabbie is wearing an orange jumpsuit. Plus for the DA to get fired. And run out of town. Plus the same for the DPD police chief.

  2. I don't think him keeping his job really matters. The fact that he stabbed a cab driver seems to be what is more important.

    I'm a cab driver in Chicago. I've often thought of what I would do if someone didn't pay a big fair. The thought of locking keeping the doors locked and driving them back to their original destination has occurred to me. It very well may have happened the way Mr. Jennings said happened.

    But this could be easily avoided if the cab industry changes its customs. The cab industry is the only transportation industry I know that pays after service. Try boarding a plane, train or bus and request to pay later.