Monday, February 1, 2010

The Coleman Group Morgan Stanley Burlingame

It is interesting to see how internal departments facilitate operations. While looking at some of the lack of coordination and acumen with fellow employees. I feel an environment that does not communicate, and presents a power struggle is a counteractive environment. Until this group can resolve its internal issues I would not recommend leaving my capital under their supervision.
There is an unbelievable lack of over site from the upper level management which causes friction with lower level employees. There were already enough issues with the firm and its auction preferred shares, and the liquidation process. There is a manta that states, "When in doubt, stay out". And as I've seen that if management continues to live in a bubble, they will continue to lose revenue streams to their competitors.

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