Entries tagged "banker"
Would you like a bailout? Are you a banker frustrated at politicians or a politician frustrated at bankers? Do you want to track the national debt? There's an iPhone app for that.
'Joe the Trader,' a former proprietary trader at a major U.S. bank who blogs for Recessionwire, has 'bearish wishes' for the recent rally.
At The Deal's Fifth Annual Private Capital Symposium, Gary Parr, vice chairman at Lazard, spoke about the rise of sovereign wealth funds. In the last eight months, sovereign wealth funds have invested over $110 billion in institutions because the institutions needed the capital, Parr said. "Many of these investments were in both American and foreign financial institutions. This is because they can put a sizable amount of capital to work immediately," he said....
Gary Parr, the vice chairman of Lazard, spoke at The Deal's Fifth Annual Private Capital Symposium Wednesday morning about the rise of sovereign wealth funds. ...
Now I'm as happy as the next guy to beat the crap out of someone who's already staggering. But The New York Times' assault on Citigroup Inc. Thursday takes that to an absurd place. The piece, which purports to look at the big bank a decade after Sandy Weill (pictured at right) and John Reed merged Travelers and Citicorp, rides a big, simple idea -- Citigroup is a mess right now, effectively wrecking Weill's legacy and any notion of universal banking -- that's backed by a tissue of arguable-bordering-on-silly statements, some small and annoying, a few big and important. ...
