Word: salomone
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...Wall Street for fraud. Unlike companies that, however foolishly, want to merge in order to grow, the analysts on Wall Street have been consciously deceiving the public for years. Spitzer’s investigation, and the dirt he has dug up on prominent analysts like Jack Grubman of Salomon Smith Barney and Henry Blodget of Merrill Lynch, has finally prodded the rest of the regulatory agencies into action. Both the Securities and Exchange Commission and the National Association of Securities Dealers are currently investigating Wall Street, fearful of losing control over the brokerage industry to 50 state AGs if Spitzer...
...unlimited possibilities. Women account for only one-third of the $14 billion in annual athletic-footwear sales, but evidence suggests they would be willing to spend more. "Women tend not to be price sensitive. They will pay full price," says Carol Murray, senior analyst for apparel and footwear at Salomon Smith Barney. "And it's clear that color and fashion are as important to women as performance...
...these reasons VW's share price languishes at 1997 levels. "The feeling is that the management in place has tended to give low priorities to investors, having several other constituencies that come higher up the attention screen," says John Lawson, who follows the auto business at Schroder Salomon Smith Barney in London. Adds Ekkehard Wenger, an economist at the University of Würzburg and a vocal corporate gadfly in Germany: "Volkswagen doesn't exist to serve shareholder value, it exists as part of the patronage structure of Lower Saxony...
...world's second largest individual fortune and persuading millions to mimic the low-tech, buy-and-hold style of stock picking he practices at BERKSHIRE HATHAWAY. When a financial firm needs a bailout, the "Oracle of Omaha" usually gets a call. His investment rescued bond-trading powerhouse Salomon Brothers in the early '90s. Buffett, 71, is now active in efforts to get federal backing for insurers exposed to losses in future terror attacks...
...Jenn gets animated. Her hands start waving, her voice raises an octave and expands in volume. Her opera singer attitude comes out as her chest starts to heave and she argues people into the ground with a rapier wit and undying rationality. Her work at 48 Hours and Salomon Smith Barney only hints at Jenn’s capacity for power. Once she puts on her Armani pants suit, Jenn is ready to hit the City and take over the town. Besides an obvious marriage to a rich and successful man, a big house in Greenwich and a bevy...