Word: banker
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...corral the bank's CEO, Jonas Skarssen (Ulrich Thomsen), a dimpled smoothy who woos rebel chiefs on three continents with arms shipments for their would-be revolutions. Osama bin Laden needn't have buttonholed his Saudi relatives for al-Qaeda cash; he could have gone to Skarssen. As the banker tells an African insurgent, "The real value of a conflict, the true value, is the debt it creates." Hearing the outlines of this conspiracy, today's viewer feels almost nostalgic, since it's a nightmare scenario from the first years of the U.S. occupation of Iraq. Who knew, back...
...challenge for The International - for any thriller that's waist-deep in cynicism - is to create a goal the hero can achieve, whether or not that makes any difference. In the movie world, Clive Owen can track, find and eliminate the bad guy. In the real world, a banker like Skarssen is just one bad guy; and a million more just like him, in London, Geneva, Hong Kong and lower Manhattan, are panting to take his place. They all know that, these days, banks don't even have to steal to increase their wealth. They take a congressional slap...
...content, music or apps. Instead, I say this because my daughter is very creative, and when she gets older, I want her to get paid for producing really neat stuff rather than come to me for money or decide that it makes more sense to be an investment banker...
...paid to show up for work on Wall Street; you get paid by what you produce, as a year-end bonus. But it does the raise the question: What, exactly, does a Wall Streeter produce? If a banker or a trader brings in $10 million of profit for his or her firm, it seems reasonable that the individual should get a cut of it. There's also a scarcity premium involved. Presumably, there are only so many folks out there who can bring in $10 million or $100 million in a given year, so you have to include some...
...banking business. A few months ago, BofA's CEO was hailed for running a bank so prosperous that it was able to swallow mortgage lender Countrywide Financial and investment bank Merrill Lynch in the depths of the worst banking crisis in recent history. The trade magazine American Banker named Lewis Banker of the Year in December. Now he's fighting to keep his job. And even if he succeeds, he's got a new partner. The government already has a large stake in his bank, with its $45 billion in preferred shares. The government's ownership could dramatically rise...