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• Meltdown trips up aspiring investment bankers
Still, after leaving an asset management job to get his MBA, he's determined to see out his plan of working as an investment banker in New York, London or elsewhere. His mood and that of his classmates, he maintains, has switched from shock and ...
• American Airlines plans à la carte pricing
Much of this magic, called “yield management,” is invisible to passengers, but it results in people in the same cabin paying wildly different amounts for the same flight. Executives at Air Canada, which revamped its fare structure and began ...
• Astros Player Charged In Hotel Brawl
GALVESTON, Texas - Houston Astros pitcher Brandon Backe posted bond Sunday after he was arrested during a brawl at a Galveston hotel, KPRC Local 2 reported. Galveston police said Backe and 10 others, including a Federal Emergency Management Agency ...
• House panel grills Lehman chief about bonuses
Waxman read excerpts from Lehman documents in which a recommendation that top management should forgo bonuses was apparently brushed aside. He also cited a Sept. 11 request to Lehman’s compensation board that three executives leaving the company be ...
• World markets plunge on fears of growing crisis
Everyone is losing confidence,” said Mark Tan, who helps manage about $20 billion of equities and bonds at UOB Asset Management in Singapore. “The problem now is that the lack of foreign confidence could affect the Asian consumer, which would ...