Word: eyeful
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...financial crisis is a great opportunity to build out our franchise," says Shawn Matthews, the chief executive of Cantor Fitzgerald & Co., the firm's investment banking subsidiary. "The dislocation in the financial markets has caused others to take the eye off the ball, allowing us to gain market share." The parent company is still headed by Howard Lutnick, who is the CEO of Cantor and chairman of a publicly traded subsidiary BGC Partners, which is 40% owned by Cantor. Lutnick was famously taking his son to his first day of kindergarten on September 11 and not in Cantor's offices...
...firm is taking advantage of the crisis to expand into more areas of investment banking. Teevan has hired 35 people since joining Cantor, with an eye toward building out its high-yield-debt sales and trading business. Other areas Cantor is looking to for expansion include the business of offering advice to troubled companies on how to refinance their debt. The firm is also hoping to break into the business of underwriting stock and bond offerings. "I am very happy I made the move to Cantor," says Teevan. "This place has been rebuilt and it is thriving...
Type 2 diabetes is growing fast in the U.S. - more than 23 million Americans have the disease and another 57 million are hovering dangerously close to developing it - and the diagnosis automatically puts patients at increased risk of other health problems, including heart disease, stroke, kidney problems and eye abnormalities...
...It’s a wonderful thing—even small things, like picking my son up from school or having breakfast with my family, are highly meaningful. When you break out of [the campaign], it’s an eye-opening experience because you remember, ‘Wow, this is what life is like...
...filled in for “Favorite Music” and $30,000 paid by the Harvard Concert Commission for Wyclef Jean to stay home. The compromise pick of Ben Folds ushered in a brief detente, but it was immediately followed by a long nightmare of Third Eye Blind, Gavin DeGraw’s big brother, and some rap group from the ’90s. At the end of it all, as if to blot out the last remaining hope that the kind of music I like might make a fledgling stand on campus, fate intervened and aborted Girl...