After years of legal wranglings, Wall Street firm Morgan Stanley agreed to cough up $54 million yesterday to pissed-off women employees. (Morgan Stanley earned over $1 billion last quarter, so it's not like they'll fucking notice.) One of the litigious chicks will get $12 mil; the rest will be disbursed among 340 eligible women, if they remember to come forward to file claims. Hey ladies! Soup's on! Come and get it.

Morgan Stanley is the third Wall Street firm to pay big bucks — Smith Barney and Merrill Lynch have previously paid out more than $100 mil combined. This pattern could very well lead one to believe that Wall Street boys would much rather be assholes and pay out millions of dollars than keep their money by merely not behaving like retarded frat boys while at work.
Morgan Stanley Settles Bias Suit With $54 Million [NYT]
Wall Street Women Win [NYP]