Word: beginninges
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The intern, of course, wasn't the only one who was risking the firm's dollars. McDonald, himself a relatively junior trader, had a Lehman-funded trading account of $450 million. In the years leading up to the financial crisis, Lehman Brothers built up huge positions in real estate, derivatives...
Indeed, it was these so-called principal investments that did in Lehman Brothers. In 2006, Lehman Brothers generated 58% of its revenue from proprietary transactions, up from 33% in 1998. In 1998, Lehman held just $28 billion in securities and other financial instruments. By 2007, at the beginning of the...
I have grown added chest hair since buying “NFL Blitz,” I think. But the effects of the game on my blocking group and me have been more profound. The whole thing started like this: One day, as I often did in the beginning of...
But at about the time the show reaches off-Broadway, the shtick starts to get a bit stale. Hunter's attempt to exclude the too-committed Heidi from the Broadway run puts an exceptionally cliché bump in the fabulous foursome's trail, while the inclusion of any of the...
“We’ve been working towards that process from the beginning,” Erickson says. “I’m very excited about that; it’s going to be great...my goal now is to help him learn how to coach.He...