Word: walles
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...course, the Wall Street professionals are also leaving behind the most uncertain time in finance in their careers. The credit crunch has effectively shuttered a number of markets and put a halt to most mergers, leaving some on Wall Street with little to do. What's more, in the past year, financial professionals have gone from masters of the universe to subjects of ridicule. That makes now a good time to switch to a profession that seems more beneficial to society, even to Wall Streeters...
John Chrin, a Lehigh University alum, says the dean of Lehigh's business school approached him late last year to find out if Chrin knew of any Wall Streeters looking for a new career. The dean wanted to expose the students to someone with real-world finance experience at a time when the financial markets seemed more confused than ever. Chrin had just completed one of the most notable acquisitions of his career, advising his firm, JPMorgan Chase, on the purchase of Bear Stearns. In mid-January, Chrin called the dean to say he had found someone: himself...
...Wall St.'s belief about the banks swung 180 degrees in less than a week. The rapid shift of heart took some financial shares down by more than 20% in the first trading day of the week...
...answer may be pulled from the three figures about the economy which have the most bearing on how whether recession is beginning to reverse or not. The first is access to credit. To the horror of members of Congress and the governors of the Fed, The Wall Street Journal came out with an analysis showing that the banks which received TARP funds are lending less now than they were before the facility was created as the handiwork of Henry Paulson...
...without content covering the hottest topics of the day. What a reader cannot find one place, he will find somewhere else. The exceptions to these rules have fallen mostly into the financial news and pornography categories, but news services like Reuters now run summaries of the content of The Wall Street Journal (NWS), even though the paper's readers, many of those who get the Journal online, have...