The below email was sent to John Mack, upon his return to Morgan Stanley as its new CEO (note: he has since retired, but remains Chairman of Morgan Stanley's Board of Directors). The request to meet to resolve the referenced employment fraud was not only rebuffed, actions against Spencer Young were substantially stepped up.
Over time, John Mack proved himself to be a profound hypocrite, and an exceptionally evil man, and the information Mr. Young now possesses on Mr. Mack's subsequent wrongdoings is enough to send Mack to prison, which is why such outlandish efforts were later made to silence Mr. Young.
Importantly, had Mr. Mack taken 15 minutes to meet with Mr. Young, the MorganStanleyGate matter would have been resolved back in 2005, Maria Young would still be alive today, their family would be very much close and loving, as it had always been.
Instead, Mack directed an increase in an unending series of unlawful and malicious acts against Mr. Young, which created unimaginable chronic stress over many years, and eventually taking a lethal physical toll on Maria Young, thereby killing her.
Subject: Congratulations // Parallels To Your Experience With Phil Purcell . . . As Well As With The Ron Perelman Matter // Request For A Meeting
Date: 7/5/2005, 1:42 AM
From:"Spencer C. Young" <SpencerCYoung@aol.com>
To:John Mack <john.mack@morganstanley.com>
Organization:Spencer C. Young Investments, Inc.
John –
Congratulations on your appointment to CEO of Morgan Stanley -- a position originally promised to you as quid pro quo for the instrumental role you played in the merger of Morgan Stanley and Dean Witter. I'm sure Dick Fisher is smiling and quietly applauding from above. With hind sight, perhaps your only regret is that you trusted Phil Purcell to be a man of his word. As I have told my three sons, "the cream always rises to the top" -- ergo, bravo for your perseverance in proving this so.
I bring to your attention a matter of somewhat similar circumstances, also having parallels with the Ron Perelman matter. Specifically, I have been a victim of an egregious breach of contract and Machiavellian scheme carried out by Warren Friend and John Westerfield of Morgan Stanley. Through fraudulent internal misrepresentations and hectoring, I was terminated after having created and trademarked the most successful proprietary brand of CMBS on Wall Street, to wit, “IQ®, representing Institutional Quality”. Specifically, my professional ethics were blasphemed and my personal integrity was defamed. Moreover, legitimate efforts for re-employment have been tortiously interfered with by Morgan Stanley, perhaps because group heads at firms such as AXA, Aegon, GMAC, Apollo, JPMorgan and Union Central Life had agreed to work for me in a new, competing endeavor, called Project Atlas. I was so vexed by what Warren Friend and John Westerfield perpetrated, that I wrote an epigrammatic poem as a cathartic release, which has been published by three periodicals, including one by Mensa, an intellectual society at which I am a lifetime member. I have attached this document, which includes translations and explanations directly related to this matter -- I merely changed or omitted names in the interest of proper decorum and discretion.
Morgan Stanley refused to enter into any settlement negotiations, so I was left with no alternative but to file a claim with the NASD for $10 million plus damages – and I am contemplating increasing this amount because of additional damages realized from delay tactics and failure to produce discovery information, similar to the unsavory legal tactics recently revealed in the $1.45 billion judgment granted to Ron Perelman.
This ordeal has taken an enormous toll on me and my family. Specifically, Morgan Stanley's invidious actions have caused a tremendous financial and emotional strain, and has forced me to seek business opportunities outside of New York Duke University
in Durham and Chapel Hill away from my wife and other two sons in New York
I would like to arrange a face-to-face meeting with you, as I believe you and I would be able to gain quick resolution to this matter -- you will likely recognize me from conversations we had during your original tenure at Morgan Stanley. By way of background, I joined Morgan Stanley in 1997 to jump start originations in Real Estate Debt Capital Markets, and did so by making sweeping operational changes. Accordingly, commercial mortgage originations increased 5 fold (to $2.5 billion) in
less than two years. I also established CreditSource® Commercial, utilizing the Dean Witter retail brokers to market commercial mortgage financing. Prior to that, I launched the CMBS principal transaction business at JPMorgan, and in so doing, became well acquainted with Dick Fisher's brother, David.
I have a similar regret -- to wit, having trusted Warren Friend and John Westerfield. Simply stated, I'm looking to: (1) clear my sullied name and reputation, (2) receive fair recompense; and (3) be given a legitimate opportunity to demonstrate that I am also the "crème de la crème".
Sincerely,
Spencer C. Young
