The Folly of the Macro Investor
Why big-picture predictions often yield paltry results.
Before the Music Stops Again
That sinking feeling
Here's where we stand. The Dow just dropped 346 points, Bernanke said growth should slow "noticeably" in 2008 and retirement announcements have gone out for...
Subprime Mortgage Crisis 2, Financial-Service CEOs 0
Merrill Lynch says it hired former NYSE Euronext CEO John Thain on November 14 to replace the brokerage firm's ex-CEO and chairman, Stan O'Neal, who...
Citigroup's Chairman Retires
Citigroup Chairman and CEO Charles Prince has "elected to retire," according to a November 4 announcement, with no permanent successor in place. Prince is the latest Wall Street chairman to fall victim to the subprime and credit woes that have embroiled the markets in the second half of 2007, and...
Krawcheck to Lead Smith Barney as FA Production Tops $665,000
With headlines about his relationship with CNBC news anchor Maria Bartiromo and warnings from Citigroup Chairman and CEO Charles Prince about spending, Todd Thomson decided...