Word: morganize
(lookup in dictionary)
(lookup stats)
Dates: during 2000-2000
Sort By: most recent first
(reverse)
What Seth needs in a hurry--that is, before he turns 30--is a Ferrari, a closetful of Armanis, a couple of mil--and, oh yes, respectability. That's where J.T. Marlin, the brokerage firm, comes in. O.K., it isn't exactly J.P. Morgan. It is, in fact, as the title of writer-director Ben Younger's morally earnest yet very lively first feature has it, a Boiler Room...
...Haas School of Business at the University of California, Berkeley, and chairman of the White House Council of Economic Advisers during the first Clinton Administration, pointed out that the Internet is starting to roll through financial industries as it has through American retailing. Big brokerage houses like Morgan Stanley Dean Witter and Merrill Lynch are launching online services against burgeoning upstarts like Charles Schwab and E*Trade--just as Internet-based brokers start to offer subscribers such customized services as video interaction with financial advisers. The losers? Maybe neither. "These new approaches aren't displacing anyone," said Tyson, "but allowing...
When this happens, it will bring us full circle. A century ago, this country had a capitalist elite personified by such business titans as J.P. Morgan, John D. Rockefeller and Andrew Carnegie. Then we spent the whole 20th century trying to replace it with other kinds of elites--two of them, to be specific. Now we're headed right back where we started...
...past decade was different, marked by mergers designed to focus companies on a core business and drive down unit costs. Corporations unloaded subsidiaries worth $1.5 trillion in the '90s, according to J.P. Morgan. Mergers are not risk-free, as the overexpanded First Union has proved, but for the most part, banks buying banks--and utilities buying utilities and drugmakers buying drugmakers--has worked. And with so much focus on efficiency, these deals have done a lot of Alan Greenspan's job for him, reining in prices and inflation...