Word: barneys
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...said she hoped the event—at which Rep. Barney Frank ’61 (D-Mass.), Rep. Christopher Cox (R-Calif.) and Rep. Michael A. Capuano (D-Mass.) spoke—would raise awareness of Yang’s case and put pressure on the administration to push the Chinese on the issue...
...meeting that followed, at the attorney general's Manhattan office, between Spitzer and Charles Prince, the new head of Citi's subsidiary Salomon Smith Barney, marked the beginning of what is shaping up as a far-reaching peace treaty. Spitzer, who used a $100 million settlement with Merrill Lynch to reform stock research on Wall Street, wants a similar and more expensive pact with Citigroup to address systemic abuses in the way lucrative initial public offerings (IPOs) of stock have been showered on CEOs who sent investment-banking business to Citi. Spitzer is still digging for dirt, so any deal...
...multiple fronts. Among the alleged transgressions: doling out shares of hot IPO shares to WorldCom executives in a bribelike manner to win banking business, devising complex financing to help Enron conceal debt and having stock analysts hype the shares of companies that were investment-banking clients. While Salomon Smith Barney was making the VIPs rich, another Citi subsidiary was charging consumers high fees and above-market interest rates on loans, according to charges Citi just settled with the Federal Trade Commission...
...probe of the financial behemoth. Within days a high-level session followed, and even Spitzer was impressed with Weill's sense of urgency. The meeting that followed, at the attorney general's Manhattan office, between Spitzer and Charles Prince, the new head of Citi's subsidiary Salomon Smith Barney, marked the beginning of what is shaping up as a far-reaching peace treaty. Spitzer, who used a $100 million settlement with Merrill Lynch to reform stock research on Wall Street, wants a similar and more expensive pact with Citigroup to address systemic abuses in the way lucrative initial public offerings...
...Barney Frank ’61 (D-Mass.) Another language—unfortunately, the U.S. is the only country where the typical college graduate is wholly monolingual...