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...return of two-and-a-half times in a matter of days. It is pointless to figure out what that would be on an annualized basis. Citi is not going to $5,000 in the next year, so doing the math doesn't matter. (See pictures of TIME's Wall Street covers...

Author: /time Magazine | Title: Falling in Love with the Sucker Rally | 3/18/2009 | See Source »

...provides us with a general management education with required courses in leadership, corporate responsibility and accountability,” she said. “The trend of some students selecting Wall Street over management in industry was a result of the market, not the education...

Author: By Shambhavi Singh, CONTRIBUTING WRITER | Title: HBS Responds to Article | 3/18/2009 | See Source »

...said that Goodman chose to relocate largely because of his and his family’s preference to live in New York, rather than the Boston area. In addition to boasting a roster of international law stars, NYU has the attraction of being situated near the United Nations and Wall Street, both of which provide ample opportunities to study globally relevant issues, Alford said. As a result, he said, he was not surprised that Goodman had received an offer to continue his scholarship in what may be the country’s most internationally diverse city. “[Goodman...

Author: By Athena Y. Jiang, CRIMSON STAFF WRITER | Title: HLS Prof To Leave Harvard for NYU | 3/18/2009 | See Source »

...sense, then, perhaps the slurs were a mixed blessing—though they were hurtful, hate-laden, and extremely inappropriate, they spurred us into action. This is not the first time we have heard slighting remarks about the Asian population, but, now that they are appearing on our own walls, we cannot ignore them as we do when we see them in our newspapers. It is unfortunate that we need to wait for the writing on the wall to be motivated into action, but at least a moment for awareness has now come...

Author: By Marion Liu | Title: Only the First Step | 3/18/2009 | See Source »

...Obama promised weeks ago to stop the excessive bonuses on Wall Street, at a time when the existence of the coming AIG bonuses had already been disclosed by the excellent reporting of Bloomberg News. Obama's staff vowed more recently that the further infusion of taxpayer money into AIG, a firm now 80% controlled by the Federal Government, was appropriate and necessary. And now Obama was faced with the fact that his new executive-compensation policy, which applied to only a narrow subset of executives at a few institutions, was powerless to stop the worst violators at AIG from getting...

Author: /time Magazine | Title: Obama's AIG Outrage: All Talk, No Action | 3/17/2009 | See Source »

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