Raise Capital and Generate Fees!
Article :
July 2008
As Merrill looks to shore up its own finances and raise capital, its passive 20% stake in the ubiquitous Bloomberg is on the block, with the information services firm owning the right of first refusal on any deal. So if the terminal monster company wants to buy itself back, it ought to have an easy source of financing, its first customer, Merrill itself!
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The Rising
Article :
June/July 2008
From the ruins of that unthinkable day comes, at long last, a rebirth.
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First Among Equals
Article :
June/July 2008
In time for the Olympics, Beijing rolls out its luxury welcome mat.
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NYFR: Cure For What Ails Ye?
Article :
May 2008
A broker in the U.S. is reportedly cooking up the next generation Libor: the New York Funding Rate, or NYFR, a Frankenstein that could be unleashed upon the world as soon as today. While we submit that perhaps the U.S. should be a bit more concerned about its widows and orphans getting slammed by the nation’s inflation-indexed savings bond paying out 0% for the first time ever, we digress. The broking firm launching “nyfer” assures us that it isn’t looking to replace Libor, as it reflects very different market fundamentals, but we say why not go for broke? If the pound is pounding the U.S. dollar, why shouldn’t we also get grabby with London? And now, here’s exactly how this very special toggle is expected to work.
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Inside The Deal Shop
Article :
April 2008
As the rest of Wall Street scales down, Ken Moelis aims to build the next great investment bank, one relationship at a time. By offering a lot of autonomy — and leaving a little bit of equity on the table — Affiliated Managers Group has found the key to successful acquisitions.
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Inside the Deal Shop: The Networker
Article :
April/May 2008
As the rest of Wall Street scales down, Ken Moelis aims to build the next great investment bank, one relationship at a time.
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Terminal: Ninth Wonder Of The World
Article :
March 2008
Where to find a jaw-dropping edifice that opens into a very special lounge.
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Terminal
Article :
February/March 2008
A jaw-dropping edifice opens with a very special lounge.
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Inside Man?
Article :
February 2008
Police investigating the trading scandal at Société Générale were moving on Sunday toward a theory that the bank’s alleged pusillanimous pussyfooter, whom the bank blames for losing it nearly $7.2 billion, might not have acted alone, as he and the bank have claimed.
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Terminal: Case For Globalization
Article :
December 2007
How Narita’s new South Wing became the transfer-friendly Star of the East.
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Toy: Paperless Airplanes
Article :
December 2007
Great news for all you voracious readers out there who hate lugging your library of books around: Sony is now guaranteeing you’ll never run short of reading material again. Good reading material, that is.
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A Case for Globilization
Article :
November/December 2007
Narita’s new South Wing has become the transfer-friendly Star of the East
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Paperless Airplanes
Article :
November/December 2007
A new Sony guarantees you’ll never run short of reading material again
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Terminal: The Lounge You Won't Leave
Article :
September 2007
Qantas's new Sydney showpiece is about as full-service as it gets.
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A Lounge You Won't Leave
Article :
September/October 2007
Qantas’s new Sydney showpiece is about as full-service as it gets.
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Spector is Out
Article :
August 2007
Warren Spector, a co-president of Bear Stearns and their head of stock and bond trading, resigned yesterday. Though, for Spector, it reportedly was not a "you can't fire me, I quit" situation. The New York Times reported that James Cayne, the CEO, asked for Spector's resignation, adding "I can’t work with you anymore.” Spector was said to be "blindsided" by the request. However, this news likely does not come as a shock to many people following Bear Stearns: Two of their hedge funds failed last month, and Spector's departure was predicted by almost every major news outlet over this past weekend.
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Home Equity: California Dreamin’
Article :
June 2007
The subprime scare may be dwindling the audience for the nation’s real-estate show, but in L.A. a few big-budget projects are still poised for blockbuster openings.
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Terminal: Frankfurt's Top Club
Article :
June 2007
Lufthansa’s new flagship is less an airport than a glorious time machine.
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Bad Deal: LTV’s Acquisition of Jones & Laughlin Steel (1968)
Posting :
Good Deal, Bad Deal
:
05/08/2007
The purchase of Jones & Laughlin Steel plunged the company into the problematic and cyclical steel business, about which it knew nothing.
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California Dreaming
Article :
May/June 2007
The subprime scare may be dwindling the audience for the nation’s real-estate show, but in L.A. a few big-budget projects are still poised for blockbuster openings By Lisa Selin Davis
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Prime Holdings
Article :
March/April 2007
It is your faithful steed. Your right-hand man. Your portable Fort Knox. Drop a dignified briefcase down on the table, and it declares you a man of manners and means. These elegant attachés —
whether swinging by your side through your daily commute or securing the plans of your latest acquisition — will carry
that weight in grand style.
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Mao, Myself and I
Article :
March/April 2007
The takeout version of the Chinese capital
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Rarefied Air
Article :
Premiere Issue
Flight delayed? In Thai Airlines’ new showpiece lounge, that’s cause for celebration
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