Hurricane Sandy – Business Operations on Monday, October 29
We expect that the financial markets will be operating tomorrow and the firm will be open for business. However, given the potential severity of Hurricane Sandy, we have activated our Business Continuity Plans.
These include leveraging our teams in London and other locations around the world for additional support, having designated people work from our Greenwich and Princeton sites and, for most of you, working from home. Earlier today, evacuation zones were declared in some areas, including Battery Park City. Subway, commuter rail and bus services will be suspended in New York City beginning Sunday at 7:00 p.m., with the resumption of transit services unclear at this point.
Individuals deemed critical to the operation of the firm will be notified by their divisions to come to work tomorrow, including at 200 West and 30 Hudson, but only if they can get to work and back home safely. Safety is our number one priority.
Please be mindful of communications from municipal and state authorities, your divisional leadership and your managers.
We will provide further updates as necessary and ask that you pay special attention to messages from the Office of Global Security (OGS). Please also visit the OGS site for more information on Hurricane Preparedness.
Thank you for your cooperation.
Source - The New York Times, Wall Street Prepares to Work From Home as Storm Approaches
The Alchemists: Three Central Bankers and a World on Fire
Hubris: How HBOS Wrecked the Best Bank in Britain
