Hints and tips:
...Mr Flatt likens the system to Goldman Sachs’ former partnership, with insiders promising to forgo most outside business interests, and departing executives ceding their shares to younger partners in exchange...
...covered — thanks in part to a 5 per cent dividend on offer in a market where interest rates are close to zero....
...Lehman Brothers Q1 2008 - “Confidence in the underlying enterprise of the business” As Chief Financial Officer Erin Callan took the microphone to run through Lehman Brother's first quarter a decade ago,...
...It is unclear whether his successor will be able to turn things round....
...of interest provision....
...Deutsche Bank assigned the mortgage to an entity called Aquila Alpha LLC in March of 2016, according to a foreclosure complaint filed on 4 Nov 2016....
...Mr Sammann put his finger on it by saying: “This is a watershed moment for FX as we redefine who we are as an industry and where we’re going.”...
...Japan was quick to denounce the confiscation of the vessel, warning it could have a “chilling effect on all Japanese companies doing business in China”....
...“Opinions of government economic policy soured, though, as only 9 per cent of respondents thought the government was doing a good job,” economist Cooper Howes said....
...For years, that successor was assumed to be Gary Cohn, chief operating officer. But with Mr Blankfein’s apparent comfort in his position, some insiders have been speculating about Mr Cohn’s future....
...Jack Griffin lasted five months as chief executive of Time Inc, and Laura Lang, who will leave once a successor is appointed, has been there just over a year, writes Andrew Edgecliffe-Johnson in New York...
...Berkshire also sought to displace Nationstar, a mortgage company backed by Fortress Investment Group, as the stalking horse bidder for the mortgage business....
...The trustee representing the US taxpayer’s interest in Ally Financial had earlier expressed opposition to the break-up fee proposed by Nationstar....
...“Goldman Sachs is getting its come-uppance for insisting it was doing God’s work even as it paid itself a king’s ransom,” wrote Kathleen Shanley of Gimme Credit, a corporate bond research service, in a note...
...Bill Dudley, Mr Geithner’s successor at the New York Fed, said last month: “From the moment the US government made it clear that its goal was to prevent AIG’s bankruptcy in order to stem a broader collapse...
...In 2004, Mr Fuld picked Joe Gregory, a former commercial paper trader, as president and chief operating officer – effectively his successor. Mr Gregory personified Lehman’s loyal, co-operative culture....
...Mr Cayne resigned in January, having been under pressure since the collapse of two Bear-run hedge funds last summer. Alan Schwartz, his successor, has not had time to steady the ship....
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