dealbook.blogs.nytimes.com - 11/6/2008
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The first clues are emerging that Wall Street pay will plummet this year — but perhaps not enough to satisfy the financial industry’s critics, The New York Times’s Ben White writes.
Bonuses, which soared to record heights in recent years, could drop by 20 to 35 percent across the industry, ...
An Expected End to Goldman’s Long Winning Streak
dealbook.blogs.nytimes.com 12/16/2008 — Goldman Sachs, long the envy of Wall Street, has not reported a loss since the stock market crashed in 1929. But the panic of 2008 is about to put an end to its long, profitable run, The New York Times’s Ben White writes.
After dodging the kind ...
The Highest Paid Man on Wall Street
thedailybeast.com 1/9/2009 — While just about every top banking executive declined a bonus this year, a relatively unknown former Lehman Brothers snagged himself a $25 million a year contract. Some are crying foul. In addition to everything else, 2008 will be remembered as the ...
Resurrection on Wall Street
online.barrons.com 3/14/2009 — YES, VIRGINIA, THERE STILL IS LIFE ON WALL STREET. After a year that saw the bankruptcy of Lehman Brothers and forced mergers involving Bear Stearns and Merrill Lynch, Goldman Sachs and Morgan Stanley seem on course for a profitable first quarter and ...
Former Bear Stearns CEO Greenberg Says Wall Street Is ‘No More’
bloomberg.com 12/9/2008 — Dec. 9 (Bloomberg) -- Alan “Ace” Greenberg , the former Bear Stearns Cos. chief executive officer who is approaching his 61st year on Wall Street, said the investment-banking model he helped pioneer is defunct. “There’s no more Wall Street,” ...
A Wall Street Soirée, Amid the Storm
dealbook.blogs.nytimes.com 12/17/2008 — The financial world has suffered many a blow this year. But the most recent of these troubles was officially sotto voce at the UJA-Federation of New York’s Wall Street Dinner on Tuesday night.
While it came up again and again in informal ...
The Rescue Squad
dealbook.blogs.nytimes.com 10/7/2008 — The reshaping of the financial landscape over the past seven months has involved an army of bankers, lawyers and other executives. DealBook traces the sometimes tangled webs that bind the advisers and players in the rescue efforts that remade Wall Street.
Credit Crisis - Reshaping Wall Street
reuters.com 10/27/2008 — Graph: 12 key dates in the demise of Bear Stearns 1: Dec 14, 2006 Bear Stearns posts record earnings, touting huge profit gains from then-booming businesses advising on mergers and arranging credit derivatives, distressed debt and leveraged finance ...
Deal Journal - WSJ.com : Mean Street: Why I'm Buying the Financials
blogs.wsj.com 10/7/2008 — Well, you can’t say 2008 has been boring. Bear Stearns, gone. Lehman Brothers, gone. Merrill Lynch, gone. Washington Mutual, gone. Wachovia, gone. Fannie and Freddie, basically gone. AIG, almost gone. meanstreet Absolute carnage. The fastest ...
Bonuses are 10% of bailout
angrybear.blogspot.com 10/20/2008 — The Guardian reports: Financial workers at Wall Street's top banks are to receive pay deals worth more than $70bn (£40bn), a substantial proportion of which is expected to be paid in discretionary bonuses, for their work so far this year - despite ...
Contemplating CAPM
optionarmageddon.ml-implode.com 11/21/2008 —
—What if there’s no such thing as a risk-free asset?—
The foundation of so-called “modern” portfolio theory is the concept of diversification. A well-constructed portfolio should have a mix of asset ...
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