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To: Mephisto who wrote (22088)5/21/1999 2:09:00 PM
From: Mephisto  Respond to of 24894
 
Why did Morgan Stanley pay $10,000 to police informant involved in an employee's arrest last year?

The employee's lawyer had "let the firm know that they were contemplating" a racial discrimination lawsuit.

"Morgan Stanley has yet to offer a full explanation or to provide supporting invoices or tax documents that would show that the payment was made for a legitimate business purpose, lawyers involved in the matter said. The Manhattan District Attorney's office announced an investigation of the firm this week, months after it learned of the $10,000 payment.

Failure to explain the payment leaves Wall Street's richest security firm under a cloud.

A discrimination lawsuit filed Wednesday by Christian Curry, the former employee, cites the payment as evidence that Morgan Stanley conspired to entrap him after his lawyer let the firm know that they were contemplating the discrimination suit.''

Excerpt from The New York Times, C10, Friday, May 21, 1999.