Monday, September 22, 2008

Wall St. Era Ends; Death of I-Banks

The Death of the Investment Bank
Scraping Wall Street Model - WSJ
Wall St. Era Ends Fed, GS, MS press releases
Both banks may have to shed some assets to come into compliance with the rules that govern bank holding companies. For instance, they may have to sell commodity production facilities like power plants that they have owned in the past. But they will have up to five years to dispose of the assets and may be able to keep them in private equity subsidiaries.

How?Why? Merrill Was Saved and Lehman Lost

Twitter Updates

    follow me on Twitter

    Call Rosenthal Recruiting to Discuss your Hiring Needs and Career

    (973) 826-0537