Is This the One? Bankers Worry as Layoffs Build

Not so long ago, when a bulge-bracket firm like Merrill Lynch laid off 75 investment bankers, the news would be splashed across the front page of The Wall Street Journal ‘s Money & Investing section. Beat reporter Charles Gasparino would break the story, citing a highly placed, close-to-the-matter source, and Merrill would refrain from comment. Read More