Word: banker
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...point where it is no longer constructive for those in search of some answers. Every year, two extremes seem to emerge: the first, that many hundreds of graduating seniors who go through recruiting are betraying their obligations to humanity; the second, that the positive externalities of working as a banker or a consultant justify such a career choice...
...came in 1901 with the creation of U.S. Steel, the first billion-dollar corporation. This was followed by International Harvester, the farm-equipment trust, and the International Mercantile Marine, the North Atlantic shipping cartel. In fact, Morgan presided over so many large-scale industrial consolidations that he recast the banker's role from that of handmaiden to master of industry...
...first investment banker to realize that chain stores would one day dominate retailing, and he got rich by underwriting (and often controlling) such future powerhouses as S.S. Kresge (now K Mart) and Safeway Stores. He set up one of America's first wire houses--brokerage firms with branch offices in different cities connected to the main office by Teletype...
...picked up some of these nuggets from a wonderfully dated biography by Margaret Ingels (Father of Air Conditioning; 1952). The introduction to this respectful book was written by a Chicago banker, Cloud Wampler, who helped bail out Carrier's firm during the Depression and later became its CEO. Wampler wrote, "The stage was set for my unforgettable first meeting with 'The Chief.' I had already been told that Dr. Carrier was a genius and that his talents lay in the field of science and invention rather than in operation and finance. All the same I wasn't prepared for what...
Ever since I learned that consultants and bankers fight evil and poverty wherever they go, I have been mesmerized by their all mighty powers. Whenever my parents would fight, an investment banker from Bear Stearns would come by and exclaim, "I was doing some charts when I heard there was a problem in a residential neighborhood...