Word: economists
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...independent concert promoters, business managers, lawyers, agents and venue owners who want a piece of the pie, and allow artists to deliver services "quicker, faster, better and cheaper" to its fans, said Luke Froeb, associate professor at Vanderbilt University's Owen Graduate School of Management and a former senior economist with the FTC and Justice Department. From a stock perspective, Citigroup analyst Mark Mahaney sees significantly bigger growth than Ticketmaster would enjoy...
...Stephen Roach is chairman of Morgan Stanley Asia and was the firm's chief economist...
...would think because of what went on in the financial-services sector - making this recession a million times worse than it had to be - that we might have seen more of an employment shift," says Heidi Shierholz, an economist at the Economic Policy Institute. "Yet the job loss in manufacturing dwarfs what is going on in financial services...
...messes in the mortgage market and elsewhere, many remain optimistic that the financial industry in the U.S., unlike, say, auto-manufacturing, will rebound. As troubled large banks have shed employees, a number of smaller firms and international competitors have moved in to snap up workers. And Keith Leggett, chief economist of the American Bankers Association, says new banks are continuing to be formed, even as other fail...
When the financial giant American Insurance Group began wading into a world of new and complex financial instruments, putting hundreds of billions of dollars on the line, the company’s top brass was unconcerned.AIG had hired Gary B. Gorton—a financial economist at Yale—to use quantitative models to project the worst case scenario for the company’s balance sheet.Using historical data, the models predicted a rosy future not too-unlike the recent, prosperous past, giving AIG’s leadership confidence in entering uncharted markets.But by last September, one of AIG?...