Word: gartland
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Dates: during 1990-1999
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...much concentration could stifle creative lending, and if one of only five major banks in the country fell on hard times, the economy could be crippled. "This is an enormous public-policy issue that needs to be addressed today," warns William Benedetto of the boutique investment- banking firm Benedetto Gartland & Co. He argues that the Citigroup deal is so big that it's dangerous...
...University of Chicago business-school survey also found that second-day buyers could expect returns of 58%--a less than stellar performance since the S&P index of 500 stocks rose 78.5% over the same period. Warns William Benedetto, who heads the New York City investment banking firm Benedetto Gartland & Greene, which helps raise money for start-ups: "The individual investor should not be in the high-tech IPO market, period." If they want a piece of the action, he adds, they should buy IPO mutual funds...