Word: firms
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...scale of 1 to 10, with 10 being a bank in perfect condition, Citigroup may end up with a 2 on its stress test. The government will require it to take more taxpayer capital and the firm may then have ample reserves. Wells Fargo (WFC) could achieve a grade of 8 and then not need to take any financial support from the Treasury. Wells Fargo's shareholders then benefit because their shares are not diluted...
...Moreover, with the once-rosy prospects of the financial industry now a distant memory, undergraduates here at the College—and at similar institutions—must realize that the days of simply expecting a firm to offer lucrative summer internships to nearly every qualified applicant are over. Unfortunately, most summer internships do not cover rent and plane tickets or offer a lavish monthly bonus—the way things are going now, you may not be paid at all. Those Harvard students who simply assumed that an entry-level analyst position would somehow magically materialize for them will...
...graduate of Harvard Business School, was remembered by Currier tutors and students for being an “extremely helpful and accessible” resource—editing students’ personal statements and resumes during recruiting season—he only worked briefly at a consulting firm, Bain & Company, in Boston...
...flying Oval Office" with all the communication and security gear slated for the final 23, due to be delivered by 2019. With the first batch currently beginning flight tests, the Connecticut congressional delegation has been urging the Pentagon to shift some of the work to Sikorsky Aircraft. That Connecticut firm built every presidential helicopter since President Eisenhower was the first to regularly fly in one, until the tradition was broken by the 2005 award to Lockheed Martin and its European partners, Italy's Augusta and Britain's Westland...
...Since leaving office in 2004, Locke has worked for a Seattle law-firm, specializing in China. As the nation's one-time top Chinese American politician, Locke has kept in close contact with his parent's homeland. He arranged for Chinese President Hu Jintao to start off his first state visit in 2006 to America in Seattle, and has met privately with Chinese Premier Wen Jibao - a rare event for any U.S. politician. He also ran a leg of the Olympic torch relay before 2008's Beijing Olympics...