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...troubles will shift the balance in the M&A business again. "We are being approached by more and more clients who are concerned about getting services from entities that are having trouble," says Kenneth Berliner, who is the president of top boutique investment bank Peter J. Solomon. "How much longer are the bankers who work there going to stick around...
Viswanath added that the economic crisis has disproportionately affected certain groups, like the poor and disenfranchised, which leads to heightened public health concerns among these demographics. He said that when people lose jobs, they lose access to insurance and can no longer afford medication—another timely issue that Koh will have to address...
...partisans. But a majority of Americans out in America are dialing back or turning off their ideological autopilots, thanks to the economic crises, Obama's approach and the post-Cold War realities. With the Soviet Union gone and China socialist in name only, the specter of communism is no longer haunting us, and charges of socialism have lost the political power they had for most of the past century. Rather, it's suddenly capitalist piggishness that provokes genuine rage. When nearly half the House Republicans vote for a confiscatory 90% tax on Wall Street executives' bonuses, the old "class warfare...
...ecology of business and employment at the high end has already been transformed by the Wall Street crash. The end of the boom in the financial industry means that careers manipulating money will no longer be so seductive to such a disproportionate share of our best and brightest. Among the 2007 graduates of Harvard College who went straight to work, half the kids heading to banks and consultancies said that if money weren't an issue, they'd be embarking on different career paths, and the 20% of the class that went to work in public service, politics, the arts...
...step in the opposite direction, away from gimmicks and grand theories, toward a re-examination of the most basic and eternal tool in the game of nations. He does not dispute that the world has changed: globalization exists, as do Osama bin Laden and dirty weapons. The U.S. no longer possesses the military and economic supremacy it had after World War II, but it still has unrivaled power to lead - meaning the ability to build coalitions to attack the world's problems. Gelb is a prickly moderate. He does not mince words. "Republicans act like rabid attack dogs...