Word: bankers
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Debunking various misconceptions about the qualifications required to become an investment banker, Frates said "you don't have to be an economics or math major to succeed in investment banking...
CHINA. This is a market that wants to bust at the seams, so despite shoddy standards of disclosure, investment banker Chen says it makes sense to invest there. To play it safe, he says, buy only the 10 or so Chinese stocks traded in the U.S. as ADRS. The vast majority of companies in China are burdened with excessive debt, but the ADRS are in better shape. His favorites: Huaneng Power, Shanghai Petrochemical and China Southern Airlines...
...instead of moving it to a cheap labor haven like Mexico or taking the insurance payout and retiring. What's more, he kept all 2,700 staff on the payroll for three months and paid their health insurance for three more. It took nearly two years and an understanding banker, but Malden Mills had a reopening ceremony last week, and Feuerstein hopes to have the last 70 workers rehired soon...
This time he's Nicholas Van Orton, super-rich investment banker, too busy to pay attention to his ex-wife--"She married a pediatrician or a gynecologist, or a pediatric gynecologist"--and too stuffy to bond with his rakehell brother Conrad (Sean Penn). As a birthday present, Conrad gives Nick a card for CRS, Consumer Recreation Services, an outfit that devises elaborate, personalized games for select clients. And now Nick is the lucky--or doomed--fellow chosen to play. Nick...
...years ago, a convicted child rapist working as a technician in a Boston hospital riffled through 1,000 computerized records looking for potential victims (and was caught when the father of a nine-year-old girl used caller ID to trace the call back to the hospital). How a banker on Maryland's state health commission pulled up a list of cancer patients, cross-checked it against the names of his bank's customers and revoked the loans of the matches. How Sara Lee bakeries planned to collaborate with Lovelace Health Systems, a subsidiary of Cigna, to match employee health...