Word: morgan
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...billion purchase of U.S. investment bank Donaldson, Lufkin & Jenrette by Credit Suisse Group bumps the Swiss bank up to the broker-dealer heavyweight division that includes industry leaders Goldman Sachs, Merrill Lynch and Morgan Stanley. It also keeps CS in step with its main Swiss rival, United Bank of Switzerland, who announced two months ago it was buying PaineWebber...
...next deal may be coming soon. Goldman Sachs, Merrill Lynch and Morgan Stanley managed to build international investment banking operations on their own; others may have to get out their checkbook, like Credit Suisse and UBS, if they want to catch up. Most likely to get swallowed: independent securities firms such as Bear Stearns, Lehman Brothers and J.P. Morgan. And at today's prices - Credit Suisse paid $90 for DLF shares that were going for $65 on Monday - that makes them must-swallows for investors...
...CANDIDATE] 5 Buddy Lee* [PROS] Casual dress implies D.C. outsider status [CONS] Only 13 inches tall [CANDIDATE] 6 Captain Morgan [PROS] Running mate Playboy playmate Kalin Olson helps secure male vote [CONS] Frequently spotted in taverns *Buddy Lee's is a write-in campaign and is not endorsed by the Lee Jeans Company. Buddy was unavailable for comment
Which explains why such corporate underwriters as Morgan Stanley Dean Witter, SBC Communications and Philip Morris wrote big checks for both fetes. Total cost of the two parties: about $1 million...
...guns and social decay. Cutler set out instead to capture a poignant crossroads--"when you're a kid, rushing to grow up, and an adult, hanging on to the last vestiges of childhood." High dares, subversively, to find decency in its children of suburban comfort, from Morgan to soulful jock Robby to Kaytee, a winsome songwriter with a defensive ironic streak...