Behind the plush image
When you think of an investment bank, the image that probably comes to mind first is a well-dressed banker sitting in a plush office on the top floor of a skyscraper. He or she leisurely sorts through a stack of papers on the desk, or takes an [...]
NOT under the TARP
TARP funds may have given America’s large investment banks short term loans of operating capital, but it has also given these banks black eyes in the perception of investors. The reaction is understandable; if an investment bank is in so much trouble that they require taxpayer funds [...]