Word: bankses
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Are you kidding me? "Oh, you betcha," she said - and one might even argue that you betcha is American for "Yes, we can." At least, in a certain sort of America: the land of simple truths, where nothing Barack Obama does makes sense. I mean, why bail out the big...
At Citigroup, Eugene McQuade is running the bank's North American retail-banking operations. McQuade was formerly the head of Merrill's banking operations - a considerably smaller job than the one he has at Citi. Investment banks Jefferies and recent upstart Moelis & Co. have also picked up former top Merrill...
Perhaps the feeling of family that used to be felt at the firm formerly nicknamed "Mother Merrill" is the strongest at Deutsche Bank. The German financial-services firm has hired more than a dozen Merrill Lynch bankers, including brothers David, Eric and Seth Heaton. Eric Heaton used to be the...
In response to a question from the audience, Krugman critiqued President Barack Obama’s recent proposal to break up large banks for not addressing “the essence of the financial crisis.”
In the Northwest, the contraction in commercial construction came late, says Eric Franklin, spokesperson for the Pacific Northwest Regional Council of Carpenters. "We're at the bottom now." Across a membership of 26,000 in 42 locals in five states unemployment ranges from 21% to 35%. One bright spot: a...