Wall Street
Incentive pay projected up to 25%Posted by RJ and Makay on May 22, 2012 |
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Pay projections on Wall Street are looking up. Based on recent first quarter financial results, published by Allan Johnson of Johnson Associates Inc., Wall Street is on track for 25% gains this year. First quarter results show a “significant improvement” from 2011. That doesn’t reflect a worsening of the current economic environment.
Citigroup hires “Watson”Posted by RJ and Makay on Mar 06, 2012 |
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Watson, the IBM-developed supercomputer that was victorious against human champions of the game show Jeopardy last year, will soon be strutting its stuff in an advisory role on Wall Street. Citigroup Inc., the nation’s third-largest lender, became Watson’s first financial services client, IBM announced yesterday. In its risk management, portfolio and client role, Watson will analyze customer needs and process economic, financial and client data to grow Citi’s banking and investment services.
Obama support may be dwindling on Wall StreetPosted by RJ and Makay on Jan 12, 2012 |
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President Obama’s $35,800-a-plate fundraising dinner last week on the Upper East Side of New York was conspicuous--not for who was there, but for who did not attend. No-shows included Jamie Dimon, Lloyd Blankfein and Richard Parsons. Some observers believe that Wall Street has spurned Obama for his anti-business rhetoric and “fat cat” references about bankers.
Winston Churchill (British Orator, Author and Prime Minister during World War II. 1874-1965)
