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Wealthy Morgan Stanley executive William Bryan Jennings accused of stabbing cabbie and using racial slurs (UPDATE)

Posted in March 2nd, 2012

Update

William Jennings, who is co-head of North American fixed-income capital markets at Morgan Stanley, has been placed on leave of absence.

Sources said the bank is waiting to see how the matter is resolved before reinstating him.

Leo Civitillo, who holds dual titles as global co-head of derivatives and co-head of fixed income, is expected to be named the sole head of Morgan Stanley’s North American fixed-income business.

Original story

A 47-year-old New York City investment banker was arrested by police in Connecticut and charged with a hate crime after threatening and assaulting a New York City cab driver over a fare.

According to the police report, Darien resident William Bryan Jennings, of Knollwood Lane, was charged with second-degree assault, theft of services and second-degree intimidation based on race or bigotry.

The incident stems from a December 22, 2011 incident but Jennings was arrested on Wednesday.

The cab driver told police he had driven Jennings from NYC to his $3.6 million home in Darien around midnight in December 2011.

The driver said after he got to Jennings’ home the banker refused to fork over the $200 cab fare and began insulting him with racial slurs and threatening him.

After Jennings refused to pay the fare, the cabbie drove around town trying to find a police officer with Jennings in the back seat of his vehicle.

It is believed that sometime during the ride to locate a police officer the driver put his hand in the cab’s partition and Jennings, who works for Morgan Stanley, stabbed it with a pen knife.

Jennings, who did not file a police report at the time of the incident, said he was the victim because the cab driver kidnapped him. He also claimed that the cab-driver wanted another $100 over the $200 cab fare.

Eugene Riccio, Jennings attorney said that his client stabbed the driver after he became fearful for his safety when the driver began running stop signs. He said that his client accidentally stabbed the driver when the cabbie tried to take the knife away.

Jennings eventually jumped out of the cab when the driver stopped in front of the Darien Sport Shop near I-95.

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2 users commented in " Wealthy Morgan Stanley executive William Bryan Jennings accused of stabbing cabbie and using racial slurs (UPDATE) "

marty said,

in March 3rd, 2012 at 6:06 pm

He was kidnapped by a guy in cab..The cabbie should have called the police after dropping him off instead of kidnapping him…sound like it will be thrown out.

marty said,

in March 3rd, 2012 at 6:17 pm

I wasn’t there so I can’t say who is at fault…but this “hate crime” protected class status stuff is Orwellian….If someone is robbed and shot by a person of color and called
a ‘cracker” ..no “hate crime”…but boy oh boy
every non caucasian slighted always raises the
“race”card…thanks to the Democratic party and their legions of ambulance chasers….back in the homeland…the sheep can ride in the front with the women in the back covered from head to toe,and if your real lucky you get kidnapped and beheaded if the ransom isn’t paid up..you don’t get to ride around…not that this has anything to do with the night in question…the banker should have had a licensed firearm…than he would have been let go and the cabbie would have called the police from his cell phone,,and than this murky situation would have been cleared up…if it was a sexy female in the back of the car…she could have claimed reverse hate crime status…its hard to be an old strait white guy working for a bank these days!!