Tag Archives: Investment Banks

Will Blankfein be the sacrificial goat?

There’s a lot of talk going around that Goldman Sachs is begging the SEC to settle its fraud suit, and that it is agreeing to pay as much as $1 billion in fines just to make the whole thing go … Continue reading

Posted in business, politics, Uncategorized | Tagged , , , , , | 2 Comments

And yet more proof that retention bonuses are stupid

There’s an excellent piece in the NYTimes chronicling the many times Citigroup has risen and fallen over the last decade. I do remember, in fact, when Sandy Weill, head of Travelers (which many of you may not realize actually evolved … Continue reading

Posted in business, Wall Street | Tagged , , , , , , , , , , , | 14 Comments

So, are the banks indulging in ostentation, generosity or good marketing?

That’s not a rhetorical question.  I can’t decide where I stand on this — and how often do you hear that admission from me? Apparently, the investment banks — the highflyers like Goldman Sachs as well as the strugglers like … Continue reading

Posted in business | Tagged , , , , | 10 Comments

Let the banks bid for AIG business

Image via Wikipedia The NYTimes is appalled that the same folks that benefitted from the AIG bailout — Goldman, JPMorgan, by now you know all the hated names — now stand to make close to $1 billion in fees by … Continue reading

Posted in business | Tagged , , , , | 2 Comments

Strike another one for us codgers!

The MetLife Mature Market Institute and Boston College’s Sloan Center on Aging and Work just issued Engaging the 21st Century Multi-Generational Workforce, a study that confirms what us grayhairs have known all along: Companies guilty of age discrimination are shooting … Continue reading

Posted in business | Tagged , , , , , , , | 3 Comments