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...stuck to its case that it has been careful to tell investors exactly what is going on inside the financial unit. Yesterday, the firm said, "We made $8.6B in financial services in 2008, and we have an excellent franchise that we are restructuring to perform in the current environment. Also, we have an "originate to hold" model that is highly collateralized, so we have a more conservative approach than the U.S. consumer banks...
...late-January meeting between Geithner and Fine could signal a change in policy. Some observers say that move would make sense. Bank analyst Meredith Whitney, who recently left Oppenheimer to start her own firm, has said the best plan to restart the financial system would be to give government money to smaller regional banks that could fill the lending void created by the pullback of larger ailing banks...
...cards and surveys. “There’s no one method of preferred communication,” Meyer says. “Everyone has their own and we try to have as many avenues as possible.” Since it was revamped in 2005 by design firm mediumbold, the HUDS Web site has become an integral source of information for the administrators and students alike. With sleek graphics and fun facts, it displays detailed menus and nutritional information. Students can order meals to go and arrange for their pick-up at dining halls across the campus...
...hours” contact policy, under which a designated member of staff at headquarters mans an emergency cell phone 24/7. As an added measure, the staffer is barred from drinking alcohol and riding the T during their shift. Let’s Go has also had issues with publishing firms. After St. Martin’s Press terminated their 25-year relationship when internally commissioned focus groups evaluated the guides as “frivolous” and “silly,” they have shifted their business to Avalon Travel, a specialist in travel publications within Perseus...
Among the passengers on US Airways Flight #1549 was Gerry McNamara, a partner at the executive recruiting firm Heidrick and Struggles. McNamara, a former U.S. Marine officer, wrote an inspirational account of his ordeal for the company's internal newsletter, and it has since been e-mailed around the country. Below, his account of that harrowing day in January...