Discussion
citi layoffs, exec bonsus
with the economy in distress, bailouts everywhere, here is another example of executives geting paid bucks, while their co-workers get the shaft and the tax payers will be the ones to foot the bonus bill with more bailout monies. as usual the rich get richer and the middle class pay the bill
Nomura + Lehman
Any thoughts on the buyout of Lehman's IBD arms by Nomura? Obviously this will mean a big cash infusion which could Lehman continue to build on its success in financing. But what about the new entity's prestige and dealflow? I would like to know thoughts about its operations in EU and Asia
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