Toward the end of 2005, Cassano promoted Al Frost, then went looking for someone to replace him as the ambassador to Wall Street’s subprime-mortgage-bond
Quotes
Anytime you add an intermediary, costs go way up
Joe Cassano, head of AIG unit that caused failure
But even here the story’s messier than its broad outlines. For a start, the guy who had the most invested in A.I.G. F.P. was
Nobleman Fulgencio Orozco arrived in gold mining town Potosi in 1610
“You wish to know why I abhor Christ?” Orozco shot back. “It is because he gives riches to worthless men and common folk, while
Steve Rattner
Rattner covered the big stories of the Carter administration and, in the process, befriended some of its most influential members, who’d later usher him
Pets vs kids
Bob Diamond, head of Barclays, his early days on repo desk
He tells the story of being a young trader, looking with pride at his book of trades because he’d never made a trade that
David Granger, editor of Esquire
We live in a culture that has begun to prize the appearance of accomplishment over actual accomplishment – it amazes me that private enterprise
Serena Williams profanity against umpire
2009 US Open Serena Williams loses match against Kim Cliisters when she is penalized a point for telling the line judge “I’ll shove this
wealthy hotel investors
recoup the $180 million he personally invested in Temenos. “I think that I exhibited an element of hubris,” he said. Resort development “was not