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...crisis is a great opportunity to build out our franchise," says Shawn Matthews, the chief executive of Cantor Fitzgerald & Co., the firm's investment banking subsidiary. "The dislocation in the financial markets has caused others to take the eye off the ball, allowing us to gain market share." The parent company is still headed by Howard Lutnick, who is the CEO of Cantor and chairman of a publicly traded subsidiary BGC Partners, which is 40% owned by Cantor. Lutnick was famously taking his son to his first day of kindergarten on September 11 and not in Cantor's offices when...
...That sucks.”“It’s cause my Mom lost her job.”“Oh.”“Yeah.”“I moved a lot when I was younger cause of my parents.”“You did?”“Yeah. It’s hard making new friends at first and stuff, but eventually you feel like you’ve always been there.”“I wish I didn?...
...until freshmen entered their second semester. The sororities agreed to the reforms, but all 15 fraternities balked - and moved off campus. Marc Stine, a Greek advocate hired by CU's Alumni Interfraternity Council, says it was a little like a rebellious son leaving home. "As he drives away, the parent stands at the door shaking his fist and yelling, 'You'll never make it out there.'" (See pictures of the college dorm's evolution...
...four terribly long rows, the wooden coffins were draped with flowers or soccer jerseys, some left strikingly bare apart from a silver crucifix. But several caskets stood out for another reason: always with the smaller white one perched atop the larger, they held a parent and young child set to be buried together. From Turin in the northwest to Taranto in the southeast, the entire length of Italy's boot-shaped peninsula spent Friday absorbing the broadcast images of the state funeral for the victims of the L'Aquila earthquake: a toy motorcycle placed on top of one such mini...
...shut down in early May if unions don’t agree to cost-cutting measures hasn’t fazed many members of the Harvard community. Talk about the shutdown began after executives at The New York Times Co.—The Globe’s parent company—threatened to close the Boston newspaper if The Globe’s unions did not agree to a decrease in pay and the end of company contributions to pensions, which would total $20 million. The announcement comes as newspapers across the country have announced cutbacks, buyout programs...