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...Morgan's transformation came two weeks ago when the firm announced that James Gorman would replace Mack in January. Unlike Mack, and nearly every other head of Morgan Stanley, Gorman has never been an investment banker. Gorman, a former McKinsey consultant, joined Morgan three years ago from Merrill Lynch, where he had run that firm's brokerage force. At Morgan, he was in charge of revamping the firm's brokerage division, and recently integrating the Smith Barney acquisition. Observers say Gorman's background will likely move Morgan further away from its roots...

Author: /time Magazine | Title: How the Financial Crisis Reshaped Morgan Stanley | 9/22/2009 | See Source »

...feeling to take into Friday,” Ingersoll said.Harvard’s performance was not as convincing out of the gate, however, and seemed uncoordinated on the attack. The two teams traded points early on, keeping close until the Crusaders used a kill from offensive maestro Megan Lynch to take a 10-7 lead. Soon thereafter, sophomore Sandra Lynn Fryhofer generated renewed life for the Crimson, letting loose a devastating kill before tossing out back-to-back service aces to tie the score at 11.Several plays later, co-captain Chelsea Ono Horn saved a monstrous strike from becoming...

Author: By Emmett Kistler, CRIMSON STAFF WRITER | Title: Volleyball Rolls Over Holy Cross at Home | 9/22/2009 | See Source »

...term congressman represents the 8th Congressional District of Massachusetts, which is comprised of Cambridge, Somerville, Boston, and Chelsea. He joins the race against fellow democrats Attorney General Martha Coakley, Boston Representative Stephen F. Lynch, Boston Celtics owner Stephen G. Pagliuca, and City Year co-founder Alan Khazei...

Author: By Shan Wang, CRIMSON STAFF WRITER | Title: Capuano Seeks Kennedy Senate Seat | 9/20/2009 | See Source »

...determining Merrill's bonuses. For example, in mid-December Bank of America senior vice president Randall Morrow sent a letter to Merrill's general counsel saying that it was the bank's understanding that the bonuses had been reduced to $3.57 billion. What's more, a former senior Merrill Lynch executive told TIME.com, before the bonuses were actually distributed in late-December a member of Bank of America's human-relations department "went over, line by line" the bonuses that were to be paid to each Merrill Lynch executive...

Author: /time Magazine | Title: The Rise and Sudden Fall of Bank of America's Ken Lewis | 9/18/2009 | See Source »

...romance is the story of a man who helps others deal with loss while staunchly refusing to even begin dealing with his own. Burke hasn’t even spoken to his in-laws since their daughter’s death. Watching Burke help the struggling Walter (John Carroll Lynch), a contractor whose young son died at his construction site, is particularly moving because of the fine balance Walter strikes between tough-guy pig-headedness and desperate vulnerability. Given the subject matter, it is somewhat surprising that the movie shows a knack for perfectly timed humor. Some of Eckhart?...

Author: By Anna E Sakellariadis, CRIMSON STAFF WRITER | Title: Love Happens | 9/18/2009 | See Source »

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