With Goldman, Sachs & Co. laying off 10% of its work force, Heidi Moore declares its "Not Your Father's Goldman Sachs, Not Your Father's Wall Street." (Deal Journal)
Talking about fathers, tech entrepreneur Jim Clark, who helped start Netscape, is engaged to marry a swimsuit model half his age. (peHUB)
Meanwhile, Sen. Chuck Schumer, D-N.Y., offered some fatherly advice to bankers during congressional hearings: "I remain especially concerned that, in the Treasury's zeal to make the capital injection program easily digestible for the banks, we're feeding them a little too much dessert and not making them eat enough of their vegetables." (Reuters DealZone)
On the subject of the credit crisis, Felix Salmon took issue with Clusterstock's Joe Weisenthal's suggestion that the credit crunch is all in our head. (Portfolio)
For a thought on how we got into this mess, Kenneth Klee at Dealscape's sister blog Corporate Dealmaker highlights a London School of Economics publication that simply argues: Finance grew much bigger than anybody who doesn't work in the field really needs it to be. (Corporate Dealmaker)
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