believe that this particular spirit might be the spirit of the seventh earl of derby, his names is james stanley and the reason they think he haunts this place is because in 1651 james was hanging out in this pub moments before he was beheaded in the streets outside of this pub and the chair that he was sitting in just before he was carried out to execution is still inside this pub. >> and we're only seeing his head. >> right. >> which is kind of -- >> or it's a power outage. >> or it could be the night watchman. >> there's no night watchman. the manager of this particular bar who is a skeptic, he said he came into the bar and there was a broken mirror so he went to the security footage to check it out and when he played it, he saw this and then shortly after this little head appeared on camera, the camera stopped working. >> weird. >> one of the better ones we've seen. i do agree, it's good. i think i would have been totally terrified if i was the guy watching this video back for the first time in a dark late-night pub and i saw that. >> sure. >>> hey, everybody, we have more ipad minis to give

the what's app helped morgan stanley tremendously, tried to catch up to jpmorgan. liz: james>> he is doing well. the only thing i could tell you about this is this is where you got to peel back abit. goldman sachs's return on equity is still higher, you want to achieve that, same with jpmorgan. most of the other banks don't have that privilege right now. morgan stanley doesn't have that privilege. this is a very well managed, well loved company compared to everybody else but when the look at the little statistics it is really interesting the number one guy is not number one now. we will follow this horse race throughout the year but we are first to report this, goldman sachs is not number one in m&a right now. liz: at the olympics we will take a bronze, silver, gold. these guys are coming up. >> goldman sachs does not want it. >> they had gold this whole time. thank you. charlie gasparino as you just heard, a huge week for banking technology, the world's brightest minds talking media and communications, everything from the latest twitter to face book's $19 billion deal, what'

i really do think james, and we should point out morgan stanley, they have no comment, the spokesmanr there, i do think this is the kind of guy that worries about this. wall street is a very ambitious place. all these people at the top of these firms want to run it. like every city councilman wants to be president of the united states. most are not qualified to be mayor, much less president of the united states. when you get to this level, essentially all three of them are code number two. you all think you want to run it. they are all ambitious. there is not a lot of other banks out there. i will say fleming heavily courted by other places. i think the bigger problem is not whether fleming leaves, the question is who gorman chooses and at what time. liz: if he leaves today, he goes out on top because he has i dona very nice job. charlie: you have three good people. usually people hate cleveland, isn't it a negative? liz: best location in the nation. be nice. the browns. america. charlie: where did they finish this year? the browns. liz: not nice. take you very much. ali baba helping

and if you look at with james gorman and what he's doing at morgan stanley -- and i notice in your numbersnt or might be taking the lowest amount -- >> we don't have cash bonuses yet. just stock bonuses. >> he has been actually cutting pay across the board at morgan stanley trying to boost the returns to the shareholders and, you know, the truth is that's what they should really be focusing on much more whether they pay themselves an extra couple million. >> morgan, what were you going to say? >> when you look at ceo compensation for last year, not a single bank ceo was on that list, not even close. >> you mean in terms of the top paid. >> top paid executives in 2012. that's one point. the second point is, again, it's all relative. we're talking about restricted stock. stock payments. we're not talking about all cash. and when i used to work at forbes, we looked at billionaire files for the forbes 400 and we looked at restricted stock very carefully because a lot of times that didn't factor into how we valued somebody's net worth. very different than a cash bonus. >> and it's not quite so

it's a blank show in morgan stanley when it comes to fixed income. that is the one thing jamesth management and other areas, when it comes to fixed income, that is still a problem over there that is where we hear likely to be cuts. we have calls out to morgan stanley and goldman sachs. they have no comment right now. but as i said, there is nothing in, it is not like we have the plan in front of us that they're about to cut. we are getting this from inside the firm, people that work that they are, they have, they have the -- ashley: positions here in the u.s. or other offices around the world? >> all over. ashley: all over. >> you know, here's the thing. if you think about it, equity trading, right, the equity, stock departments of, fixed income means bonds broadly, but those departments are largely automated, right? you press a button and you trade a stock. fixed income is still a different. it's a dealer market where people call up and you have to take positions and everything. that is where there is headcount. that is where it becomes problematic, you can not justify the hea