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The trip from statehouse to big house

...supporter of Wall Street while in Congress, will be taking a top executive position at ... wait for it ... an investment bank, with an annual salary of nearly $3.5 million.Let's rush to say that there's nothing illegal about the Cantor...
Opinion lending fell."They're just struggling to grow, and then they didn't have the strength out of the investment bank to help offset that," said Shannon Stemm, financial services analyst for Edward Jones. "All around, it's just...
Southern California firm invades northland to sell snowsleds

...machines on the snow this winter,'' said Joe Sullivan, a research analyst with Dougherty & Co., a Minnesota investment bank that helped Redline raise its first round of capital. ''I think they have everything put together to be able to...
Too much focus on money, not enough on infrastructure

...mergers of commercial banks and investment banks. Commercial banks make their...activities, such as bridges. Investment banks make their money with speculative...protected commercial banks and investment banks were allowed to fail, that...
State incentives give a boost for Cook Inlet

...also includes new tax credits for development of third-party gas storage facilities. Cook Inlet badly needs new investment, Banks said. The region has been producing since the late 1950s and existing fields have declined to the point that many...
New oil company hopes to restore production quickly

...Pacific was a casualty of the meltdown," Wilcox said. "They were highly indebted, needed cash and were backed by investment banks." Hall called the eruption of Redoubt and subsequent west side shut down, "the final nail in the coffin," for...
Fascism alive and well in USA

...mega-corporate banks. The commercial banks, Wall Street investment banks and insurance industry were allowed to join allow some co-mingling of the commercial and investment banks. By 1999 the Glass-Steagall Act was repealed and...
Legislating sound banking practices gives glimmer of hope

...Banker" Robert G. Wilmers believes "Glass-Steagall Act-the Depression-era law that separated commercial and investment banks - should never have been abolished."Wall Street Billionaire investor Carl Icahn stated on CNBC Fast Money that...

...shareholders only a token penny dividend each quarter.Still, said Daniel Alpert, managing partner at the New York investment bank Westwood Capital LLC, Pandit did "pretty much all he can do to turn the bank around."He said it will be hard...
Destruction of train station sends commuters back to the future -- on the ferry

...introduction to ferries. ''I had only a vague idea the ferry was there,'' said Raj Chauhan, 30, who works at an investment bank and used to take the train. For the first couple of weeks, it was difficult as ferries struggled to meet the sudden...


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