Word: crisises
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Hands, now living as a tax exile on the island of Guernsey in the English Channel, needs to inject about $200 million into the business by the summer; otherwise, Citigroup gets the keys. His allies say he can raise the money from third-party investors, but that is only enough...
Shortly after the financial crisis, many predicted that employees of firms that either failed or nearly failed would have a hard time finding work on Wall Street, given the poor economic conditions and the stigma of their previous employer. What's more, news that Merrill Lynch had paid out big...
But the recent rebound in profits of financial firms has restarted the Wall Street hiring machine. And former executives from the firms that stumbled in the financial crisis are turning out to be hot commodities. Merrill Lynch is not alone. The failures of Lehman Brothers and Bear Stearns have produced...
Ironically, despite their being at a firm that needed a lifeline at the height of the financial crisis, many former Merrill Lynch executives have ended up in what most of us would consider to be lucrative jobs. Last June, top Merrill Lynch investment banker George Young was hired by Lazard...
My final stop (and a welcome break from the cold) was the small Multicultural Arts Center at 41 Second St. The fascinating and moving photography exhibit, entitled “IRAN: Images from Beneath a Chador,” will be on view through March 19. The photographer, Randy H...