Word: lehman
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Dates: during 2000-2009
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...This process, more than a year in the making, shot into overdrive in the wake of the corporate failures and takeovers that began with the collapse of Lehman Brothers on Sept. 15. Less than two weeks earlier, on Sept. 4, the Association for Financial Professionals surveyed more than 350 large companies about how the availability of short-term credit (or the lack thereof) was affecting business. Seventy-one percent said there was no significant impact, 11% said growth had slowed, and only 2% said business had contracted...
That's why Gwyneth Paltrow wore custom-made, 6-in. (15 cm) Alexander McQueens at an Iron Man premiere and Sarah Palin donned Naughty Monkey Double Dare pumps at the Republican Convention and former Lehman CFO Erin Callan navigated Wall Street in skyscraper spikes. Because heels are the perfect shoes for negotiating the complicated landscape where authority meets beauty. Think of them as a peacock's tail--if each feather were also a poison dart...
...just under a month, reporters have been fashioning articles about the financial crisis by simply listing the venerable Wall Street institutions that have met their demise: Bear Stearns, Fannie Mae, Freddie Mac, Lehman Brothers, Merrill Lynch, and, most recently, Washington Mutual...
...sitting around me—sneered that Rogoff didn’t realize that for Harvard students accustomed to jobs at the upper echelon of finance, the usual recruiting suspects remain alive, if not quite well. Indeed, of the behemoths that have gone under in the past months, only Lehman Brothers was a major recruiter at Harvard. The most sought-after financial recruiters—namely Goldman Sachs, J.P. Morgan, and Citigroup—have survived the recent turmoil and have shown their health by buying up the dismembered parts of other firms. If these three remain strong...
...annual Office of Career Services Career Forum included the usual big names: the CIA, Abercrombie & Fitch, NASA, and... Lehman Brothers?... Oh, wait. While many students and recruiters were out in full force at Gordon Track last Friday, lots of the big finance companies failed to make an appearance at the Office of Career Services Career Forum. But that’s not to say that the rockin’ fair was full of doom and gloom. One company that seemed determined to keep the good times coming, despite the plunging economy, was Facebook. “Everyone is very smart...