Bankers Use Company's Seamless Account to Order Steak, Lobster Dinners
Seamless food delivery service is a glorious online tool for rainy nights or late days at the office; but for Wall Street bankers, it seems like it's a great ticket for a free first-class meal.
Fast Company reports that some Morgan Stanley bankers are using absent co-workers $25 stipend to rack up money — enough to purchase "a $90 dinner of steak, lobster, mac & cheese, and calamari." Seriously? No greens with that?
Others are tricking the system to buy booze (typically not allowed in the office). "It's not uncommon to pool money together, place a large order for random items, then call the store and request that they bring beer instead," the reporter writes.
Then, there are people who go into the restaurant to pick up their orders, others who reroute their meals to their apartments, and a killer story about Morgan Stanley CEO John Mack buying a case of Perrier for an employee who complained about the $25 cap.
Even more ludicrous? According to Seamless stats, in 2011, one corporate user ordered some 2,600 orders total (more than seven meals a day). And while teachers or educators tend to order pizza, investment bankers go for sushi. We can assume that educators don't even get a $25 stipend, so the 99 percent must not be too happy about this.