In a beautifully worded and heartfelt tribute to the late banking legend Bruce Wasserstein, his friend Martin Lipton recounts the 6 traits that Wasserstein believed a great banker ought to possess.
Investment Bankers
Is BankersBall Extinct?
Is the all-about-investment-bankers website BankersBall the latest victim of the credit crisis? If so, isn’t it the most deserving victim left? Hardcopy relics of the Age of Free Money have ceased publication this year and the world hasn’t quite stopped spinning on its axis. Trader Monthly, one of the douchiest rags ever printed, ran out of money sometime in…
Retraining Investment Bankers in New York City
According to a story in the New York Times, Mayor Michael Bloomberg plans to stem the loss of talent and jobs from the ailing financial sector by retraining investment bankers, similar to what Detroit has done with it’s laid-off auto workers. With an expected 65,000 total jobs to be lost on Wall Street, will Bloomberg’s…
