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...panelists also attempted to allay student's fears about job security in the wake of Merrill Lynch's announcement Tuesday that it was laying-off 3,400 employees, or roughly 5 percent of its work force...

Author: By Benjamin G. Delbanco, CONTRIBUTING WRITER | Title: HBS Grads Stress Security of Business Careers | 10/15/1998 | See Source »

...that its collapse could have severely damaged those lenders, forced a spiral of securities sales and shaken confidence in the already wobbly world financial system. Long Term Capital, if not exactly too big to fail, loomed too large on the balance sheets of institutions like J.P. Morgan and Merrill Lynch...

Author: /time Magazine | Title: The Brightest and the Brokest | 10/5/1998 | See Source »

With the fund collapsing, a Who's Who of Wall Street bankers and brokers feverishly huddled for two days on the 10th floor of the Federal Reserve Bank of New York City last week to draw up a rescue package. Among the princes present: Merrill Lynch chairman David Komansky, Travelers Group chairman Sanford Weill, and Goldman Sachs senior partner Jon Corzine...

Author: /time Magazine | Title: The Brightest and the Brokest | 10/5/1998 | See Source »

...people each month find themselves hooked into the Internet, trading for $8 a pop, loving the excitement and potentially the rewards. But has online trading turned the stock market into a giant casino that threatens the financial lives of Americans? That's what John Steffens, a Merrill Lynch vice chairman in charge of stock brokerage, contends. He has gone to war against Internet trading in a series of public speeches, chronicled last week in the Wall Street Journal, urging individuals to abandon their free-trading ways and stick with the good old-fashioned (and expensive) hand-holding, broker-to-client...

Author: /time Magazine | Title: Online Menace? | 10/5/1998 | See Source »

...collection of schoolbook cliches, but without the visual flourish that marked the earlier passages. The hell that Woody Allen presented satirically in Deconstructing Harry is far more frightening than the absurdity in What Dreams May Come. Perhaps no director could reconcile presentations of heaven and hell successfully--David Lynch could certainly do the latter--and in this situation, Ward fails at both tasks...

Author: By Jeremy J. Ross, CRIMSON STAFF WRITER | Title: Hell is a Dour Robin Williams; Heaven Can't Stand Him Either | 10/2/1998 | See Source »

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