Merrill Lynch: Pass me a Sharpie
Any women, minorities, Jews or otherwise handicapped people looking for work at a bulge-bracket bank? Might we suggest Merrill Lynch, where a NASD arbitration panel recently ordered the bank to pay Fariborz Todd Zojaji $1.6 million for firing him over the issue of being Persian? In addition to “sending [the Iranian broker] to a corner to eventually be terminated,” the panel stated that Merrill defamed Zojaji on public record (his Form U5), destroying “claimant’s ability to become employed in the securities industry."
Mark Herr, a spokesman for the Lynchettes said that the bank “regretted the panel didn’t view the evidence in the same light we did,” which is surprising, considering Merrill had registered with the Prejudice? That’s Cool, Whatever panel of arbitration.
This is the second time in a month ML has been caught with its hand in the cookie jar of Iranian hate. On June 27, the bank was sued by the Equal Employement Opportunity Commission for firing Majid Borumand, an analyst with the firm’s global markets and investment banking model development group.
You’ve actually got to hand it to the O’Neals. Where some banks might say, “You know what? We’ve been getting kind of a reputation for condoning sexual harassment and bigotry, maybe we should cool it on the hate for a bit, you know, just dial it down for the time being,” Merrill said, “No, if anything, let’s take it up a few notches and really call attention to ourselves. We’re going to make it work for us.” Next up: a writing utensil sex suit of our very own!
Fired Iranian broker wins $1.6M from Merrill [AP via International Herald Tribune]
U.S. Sues Merrill on Treatment of Muslim Analyst [DealBook]
Comments
Hang on...aren't Iranians caucasians?
Caucasian (commonly referred to as White) race is a major ethnic division of the human species having skin color varying from very light to brown. These people are natives of Caucasus Mountains, which are in the SW region of Soviet Union or Northern region of Iran (depending on the time periods when the borders were established). Iranians are Caucasian or White.
Posted by: Anon | July 24, 2007 10:46 AM
What does an Iranian submarine have in common with a camel? Why they're both full of Iranian seamen!
Posted by: Shecky Buffett | July 24, 2007 10:48 AM
You'd think a firm headed by a 'darkie' would be more sensitive to sand niggers!
Posted by: Al Sharpton | July 24, 2007 10:49 AM
EBITDAL - earnings before interest, taxes, depreciation, amortization, and lawsuits
Posted by: ot | July 24, 2007 11:12 AM
Hey Al,
Ever been to Beverly Hills ???
30% Persian, ATMs in Farsi, more mercedes registered than, etc..
Citibank has a study saying Persians are highest Net worth foreign nationals
Good to be $$$ and young!
Yes, Persians are Aryans; before you know who took that name
Posted by: $ | July 24, 2007 11:43 AM
$, Goldman has a studying saying that Persians have the gaudiest homes ever seen in Beverly Hills.
Posted by: anon | July 24, 2007 12:01 PM
Hey, i'm not saying they have good taste...just tons of shah-cash to burn.
...one had anatomically-detail painted grecian statues....
ps, plenty of Persia-Billionaire-types too:
-Pierre-ebay-Omidyar
-Mall of America builder/family
-Hot Pockets founder/sold to Nestle
-KKR Partner
-Qwest founder/ceo
-Ray Irani, Occidental
-Marathon Oil founder/CEO
-Bebe founder
Posted by: $ | July 24, 2007 12:34 PM
I'd still rather be a White American Male.
Posted by: Short $ | July 24, 2007 12:44 PM
blue carpet & gold curtain rods
Posted by: jt | July 24, 2007 12:56 PM
Short $,
You should, its your country.
Getting rich here and meeting your women sure is fun!
Posted by: $ | July 24, 2007 01:34 PM
why do iranians have to call themselves "persian" when they are actually iranian. fess up, man!
Posted by: Anonymous | July 24, 2007 02:01 PM
why do people have to bitch back & forth about stupid sh!t? Yea, its ok we know its because it beats staring blankly at some lbo model all day
Posted by: long put short $, $ | July 24, 2007 02:06 PM
Yeah, Persian guys get all the tail. Chicks just love greasy, smelley, obnoxious dudes who think they're cool because their parents ran torture chambers for the Shah
Posted by: Reza Palvi | July 24, 2007 02:32 PM
Hey, jeez some perso=bile backlash
-Ok I guess having the Empire, then tripping onto #2 oil reserves, and having 85 million peeps while rest of gulf has only guest people/rent a super-power as cops...makes many grumpy.
-Persian: its a nice smokescreen so we can get right to ivy, job, $$$, babe, etc......worked on you
-Yeah great hi yld mkt today
-Geez Reza.....must say I see more of them with super-models than the pale-wainright III being dumped by wrinkled muffies for a ride back from Marthas' in my Enzo....after tthat yacht ride of course!
Posted by: $ | July 24, 2007 03:15 PM
Stop being a douche bag, $.
Posted by: anon | July 24, 2007 03:23 PM
$ you are still greasy and smell like shit. Also, you would never be allowed into any clubs I belong to; gold digging whores with you or not!!!
Posted by: Reez | July 24, 2007 03:28 PM
Ok anon,
I got a bit carried away.
If it wasnt for the good Uncle/Peanut farmer, I would have the biggest BMW concession in Tehran and be worth $10 Billion.
In stead got make due as a NYC stud with few mil to blow...on these blondes
Posted by: $ | July 24, 2007 03:29 PM
reez,
My cologne is open to criticism... but my skin will never wrinkle before your pasty muck.
Read up....the whole meatpacking district is run by a persian-jew from Great Neck
Club: Oh, you mean the Maidstone or Winged Foot....oh yeah the West Course championship tees, I teed-off when you were still caddying there.....great grandmas there must say!
OK, I need that model for my call with TPG at 4...so stop blogging and crank those IRRs NOW!!!!!!!!!!!!!!!!!!!!!!!
Posted by: $ | July 24, 2007 03:37 PM
Claiming the meatpacking District just shows what a wanna-be you are.
There's a race sponsored by the New York Yacht Club this afternoon; why don't you come by with your Yacht? Oh that's right, you can't, they don't accept sand-niggers who think they're hot shit because they grandmas were camels.
Posted by: $ | July 24, 2007 03:43 PM
3:43pm
You took my meatpacking bait b/c you are 4 yrs out of date.....lik every other jr. IB'r.....Mr. Ohio
Ever been to the real clubhouse.......in Newport, RI?
Name me the best naval architect in Newport, then we can talk turkey.....
oh thats right your boss has the invite on his desk......and your yachting experience is via J. Crew catalog
Biggotry does produce twerpy little preps too
Posted by: $ | July 24, 2007 03:54 PM
$, have fun trying to be cool. you know you are a sweaty, gross, hairy cab driver. and you mom sucked the Ayatolla's cock
Posted by: reza | July 24, 2007 04:04 PM
4:04
Strong comeback.
When you get promoted out of the bull-pen and Normandy-court let us know.
My boat is named "High Cotton" built by Sparkman & Stevens and can be viewed in Newport, RI for the genteel of you.
Posted by: $ | July 24, 2007 04:15 PM
We're having dinner at Sala's Friday night. sorry, no greaseballs allowed
Posted by: WASP | July 24, 2007 04:23 PM
Hey $, HIgh Cotton is a model of boat built by Sparkman; nice try you pretender!!
PS You momma still blew the Ayatolla
Posted by: Reeza | July 24, 2007 04:26 PM
4:26
thats what i meant you dufus....
In 20yrs you can charter once for Muffies 60th bday
Posted by: $ | July 24, 2007 04:34 PM
No it's not what you meant, you said "My boat is named "High Cotton" built by Sparkman & Stevens and can be viewed in Newport, RI for the genteel of you."
You got caucght in a lie, you were busted. You don't have a yacht, you don't gop to any hot clubs, you get no white pussy and you still smell.
and your mom still blew the Ayatolla
Posted by: REEZA | July 24, 2007 04:39 PM
Thats true, its called "High Cotton"
Post your email and I will email the hail shot from the back
And what will you do if I produce digital pictures?
I will get midieval on you....ah......thats right you work in the doc center or library
Posted by: $ | July 24, 2007 04:52 PM
everyone i know from newport is old money WASP and bigoted as hell.
can't imagine they'd give an iranian the time of day.
Posted by: Auto | July 24, 2007 05:23 PM
ps, this is not my boat
Although, I see if you are a poor little analyst and google it shows up:
http://powerandmotoryacht.com/megayachts/1200highcotton/
The Sparkman & Stephens (you didnt even correct the spelling) website doesn't list High Cotton under current, past, archive models.
Now, I named it after a book (go to amazon). So, if it happens to be some geezer model from 1629, mazoltoff
So, I think we are all waiting for an email.....yes, set a fake one up at yahoo, so we dont see that you work at some 4th tier bucket shop.
Posted by: $ | July 24, 2007 05:24 PM
5:23
I am sure they are.
Nevertheless, they will have you in the dining room of the NYYC and breakfast on that crappy little stone deck, and sleepover in those converted barn dorms, as long as you have some PE member-dork who has you over, hoping you will sell your buddies company to him....and he'll be crying about his divorce and want to head to to St. Tropez on your next jaunt.
Everything has a price, and if you got the $$$ who cares if their biggots or leppers...let em rot.
ps, If you ever go over to Monaco you'll see how the other half lives...and it makes Sala, Hamptoon look like coney island.
I had no idea the jr. punks were such angry little bastards....
Posted by: $ | July 24, 2007 05:35 PM
hey $,
FYI ray irani is not Iranian, he's 100% Lebanese http://en.wikipedia.org/wiki/Ray_Irani
get your info right next time eh buddy
Posted by: jeff johnson | July 24, 2007 11:04 PM
why don't you dummies take your conversation somewhere else?! This blog is about a serious issue. It'
s about time for Wall Street to learn about Civil trights in this country. Merrill management has to be held accountable for 50 years of bigotry!
Posted by: DealOrNoDeal | July 26, 2007 03:54 PM