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Greg Fleming, former president of Merrill Lynch, is probably the highest-ranking Wall Streeter to make the move so far. Earlier this year, after Merrill was acquired by Bank of America, Fleming decided to exit the newly combined firm for Yale Law School. This semester, he is teaching a class that brings financial professionals to New Haven to explain the economic events of the past year - and the class is drawing praise not just from students but other teachers. (Read "Facebook's Latest Role: College Guidance Counselor...
...Wall Streeters looking for a new career. The dean wanted to expose the students to someone with real-world finance experience at a time when the financial markets seemed more confused than ever. Chrin had just completed one of the most notable acquisitions of his career, advising his firm, JPMorgan Chase, on the purchase of Bear Stearns. In mid-January, Chrin called the dean to say he had found someone: himself...
...buzz is being generated by muscle cars or luxury of the "if you have to ask, you can't afford it" variety. Crowds also gathered around cars made by a company largely unknown outside of China, the Shenzhen-based firm BYD (Build Your Dreams). Started as a rechargeable-battery maker, BYD is making a headlong push to become a world leader in what some analysts believe could be the industry's post-internal combustion engine future: electric cars. (See the 50 worst cars of all time...
...likely to face any criminal or civil charges as it relates to this. And the pending investigation was something that he brought up to us." - Robert Gibbs, White House spokesman, expressing the Obama Administration's confidence in Rattner, even after the investigation related to his firm came to light, (Reuters, April...
...withdrawal of about 20,000 federal troops. But declaring "victory" in Chechnya also adds to the sense that Kadyrov has become the tail that wags the Russian dog. He has been lobbying for a pullout for months and experts say it will allow him to strengthen his already firm grip. "He has built a state within a state," says Doukaev. "The Kadyrov government is a problem for Moscow. They have no control over him. This decision gives him a free rein to operate...