Word: chased
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Dates: during 2000-2009
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Penn had separate runs of nine, 11, 13 and 18 consecutive points and finished with 42 points on 21 shots from three-point land as it moved the ball quickly, keeping the Harvard players scrambling to chase...
DIED. MERRILL CHASE, 98, immunologist who discovered a new branch of the immune system; in New York City. Working with white blood cells in the early 1940s, he stumbled on cell-mediated immunity; until then antibodies were thought to be the sole source of protection against infection...
...needed a major acquisition for the bank to reach critical mass. When Bank of America beat him in the race to take over FleetBoston Financial in October 2003, he knew he had to move fast or get left behind in the rapid consolidation of the banking industry. J.P. Morgan Chase, which had stumbled after the downturn on Wall Street in 2000 and was looking for a bigger retail presence, as well as an eventual successor to CEO Harrison, turned out to be the ideal match. "Every single one of our businesses is enhanced," Dimon said last week. "Even the ones...
Certainly there's no guarantee that the merger will succeed. The vast majority of big-bank combinations have failed to deliver on their promise, largely as a result of a clash of cultures and loss of focus, and the new J.P. Morgan Chase will still lack the global reach and insurance breadth of Citigroup (the former might also want to acquire a retail brokerage). But as much as anything else, investors are banking on Dimon's stubborn pride to make sure this one will be different. Weill and Dimon may have patched things up at a personal level--indeed, Weill...
Dimon's Big Deal Prodigal son Jamie Dimon returns to Wall Street with the surprise $58 billion merger of Bank One and J.P. Morgan Chase...