Word: bankers
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...real estate, people pay for location, and last week Coldwell Banker showed homeowners just how pricey that premium can be. In a survey of more than 300 markets, the real estate brokerage found that a 2,200-sq.-ft., four-bedroom house in a neighborhood "typical for corporate middle management" can vary in cost by up to $1.2 million depending on the city. The most expensive locale was La Jolla, Calif.; the least costly was Binghamton, N.Y. How much would you have to spend in a market of your choosing? Go to ColdwellBanker.com click on Site Map, then Info Center...
MISTRIAL DECLARED. In the federal case against FRANK QUATTRONE, 48, star technology banker for Credit Suisse First Boston, on obstruction-of-justice charges related to an email he sent that appeared to urge employees to destroy documents as the bank was under investigation; after a judge found the jury to be deadlocked; in New York City. Prosecutors said they would probably retry the case...
...large hotel there is a record of your last visit and whether you lodged a complaint, but that's altogether different from arriving in a city and finding someone who remembers you and your taste in art or food or wine. Barry Knox, 63, a retired investment banker from New Canaan, Conn., says everyone knows him when he walks in the door at the 10-room Jackson Court, one of the four Joie de Vivre inns in San Francisco. He has been back to the property half a dozen times since 1998, paying about $180 a night...
...this recruiting event are being truthful to themselves. Most of us would not like investment banking. It does not make people happy. Talk to anyone who has done it—most pack their bags after a few torturous years. In the words of one of the most successful bankers ever to come out of Morgan Stanley (and a Harvard alum), “An old banker is a failed banker...
...friend, this process is as reflexive as breathing, and that is part of the problem. If you think that I’m being presumptuous because YOU actually like banking: Stop. Relax. Take a deep breath. Think about whether you are actually going to enjoy what being an investment banker is all about. Think about why you assume that it is so great, and why this wanna-be strap-hanger I overheard was trying so hard to convince a recruiter (and, it seemed, himself) that he loved it so much...