Word: wasserstein
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...jugular. "The A380 will be a new flying experience," he says. "That's what the 747 provided in 1970." He maintains that airlines will probably install casinos, gyms or duty-free shopping in the A380's abundant cargo hold. Joseph San Pietro, an analyst at Dresdner Kleinwort Wasserstein, dismisses such a notion as a flight of fancy. "You're not going to be running on a treadmill if you hit turbulence," he says...
...deal will probably go through. "I think for Dresdner it's a fair price and a graceful exit," says John Leonard, a banking analyst at Salomon Smith Barney in London. The merged company has decided to finesse the problem of what to do with the profitable Dresdner Kleinwort Wasserstein investment bank. DKW will be floated on the stock market in about three years as an independent entity, but with Allianz keeping a majority of the shares...
There are plenty of practical applications too--sites that navigate train routes, make concert reservations, find restaurants and follow the stock market, all on the fly. Says Kirk Boodry, a senior analyst at Dresdner Kleinwort Wasserstein, in Tokyo: "These are different animals. The fixed-line Internet is about richness of content. The mobile Internet is about reach of content...
...Wendy Wasserstein Playwright...
...Webber. Deutsche Bank, Germany's largest private financial institution, not long ago purchased Bankers Trust in New York and the Baltimore-based Alex. Brown investment bank, but failed to pull off a merger with its longtime domestic rival, Dresdner Bank. Still intent on growth, Dresdner is set to buy Wasserstein Perella, another U.S. deal-maker, for some $1.3 billion...