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Krawcheck earned a journalism degree from the University of North Carolina and an M.B.A. from Columbia University. She went to work at Salomon Brothers but soon moved to Donaldson, Lufkin & Jenrette, where she met her husband Gary Appel. In 1994 Krawcheck moved to Bernstein and dived into stock research. She began covering financial-services firms in 1997 and immediately became the most influential analyst in that field. During those years, Krawcheck earned Weill's ire--and respect when she was later proved correct--by dwelling on the pitfalls of Weill's acquisition of Salomon. --By Daniel Kadlec
...insurance business and expand its investment banking side - a "bancassurance" strategy that left Credit Suisse heavily exposed to market vagaries. In 1997, Credit Suisse bought Winterthur for €.5 billion. Three years later, at the top of the cycle, it paid €1.5 billion for U.S. investment bank Donaldson, Lufkin & Jenrette (DLJ) - a deal that proved to be Mühlemann's undoing. This past September, after the group's share price had plunged more than 50% during the year, he was forced out. Into the void stepped two new co-CEOs who formally take over next year: Mack...
...government during the peace process. The raid was the tail end of a major police operation in which documents were seized and arrests were made across Belfast. Two hundred officers staged raids on half a dozen homes, starting just before dawn. Among four people held for questioning was Denis Donaldson, the Sinn Fein official who runs the office at Stormont. The searches were prompted by a theft that occured just a few hundred meters from Sinn Fein's Stormont office, in a dull brick building that houses the last remaining outpost of the British central government in Northern Ireland, which...
...House Press corps is offered the job of White House Press Secretary by a newly elected president. She takes the job and suddenly finds herself defending the political hi-jinx she has spent most of her professional career trying to expose. Kind of a Mary Tyler Moore meets Sam Donaldson thing. The networks hated it. I was told in no uncertain terms that shows about Washington don't sell...
...sacred as Nightline is to news junkies and journalists, the ABC News folks know which way the wind is blowing. They aren't naive, just depressed. "I believe in the capitalist system," says Sam Donaldson, whose future as the host of This Week is up in the air after the retirement announcement of his co-anchor, Cokie Roberts. (According to press reports, ABC is grooming a replacement team of Claire Shipman and George Stephanopoulos.) "We are owned by a company that wants to make money, and I believe that the people who run these companies have...