I say, you’re naive. Read the newspaper, number one. Number two, if you put your compensation in a one-year context to define your overall level of happiness, you’ve got a problem which is much bigger than the job. And number three, if you are really unhappy, just leave. I mean, life’s too short.

Morgan Stanley chairman and CEO James Gorman, to those employees grumbling about lower compensation and the capping of cash bonuses at $125,000 this year.

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