Mortgage Bailout – Who is getting bailed out?
I have met with some pretty smart people in the last few days. Today I met with a partner at a private equity firm and a week ago I was with a fairly senior World Bank employee. The bail out was top of mind. For my private equity discussion, I was asked what I thought [...]
Imploding banks – who is left with the rubble?
Former Lehman Brothers Building on 50th and 7th Ave I understand how some of those caught up in the implosion must feel having been through the meltdown of Bankers Trust. I remember how hard it was because the bank was such a big part of my life and I internalized it as my “business”, yet [...]
