Three JPMorgan executives tied to the massive trading losses announced last week are expected to resign, Yahoo CEO Scott Thompson stands aside and a hedge fund calls for Aubrey McClendon’s head. Here’s the morning Wall Street roundup: Read More
Eric Rosenfeld enjoyed brief fame last spring as the author of Mrs. Butkiss and the Big Surprise, an instant classic about a “big woman with a big secret…She’s been holding in a fart…forever.”"
Some say the children’s book is an allegory for the financial crisis, but Mr. Rosenfeld’s Crescendo Partners has survived the international explosion just Read More
The covers of the Wall Street Journal and the New York Times‘ business section today both have huge stories on Wall Street pay. And they look very different.
The Times story, “Pay of Hedge Fund Managers Roared Back Last Year,” says that the country’s top 25 hedge fund managers made $25.3 billion last year, Read More
Avon employees who commute on the F train, be forewarned. The makeup company known for its eponymous, door-knocking ladies, and, of course, for its $10 billion in annual revenue, looks to be ditching the West Side for the East, with a 15-year lease out for a new, 250,000-square-foot U.S. headquarters at the William Kaufman Organization’s Read More
Avon, the make-up company known for its eponymous ladies, and, of course, its $10 billion in annual revenue, has a 15-year lease out for new, 250,000-square-foot U.S.headquarters at the William Kaufman Organization‘s shiny glass skyscraper at 777 Third Avenue, according to an industry source.
Neither Jon Zuckerman, of CB Richard Ellis, nor Dale Schlather, of Read More
