Wiping Blood Off White Buck Shoes
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Citigroup,
President Obama,
Orin Kramer,
Realtytrac,
JPMorgan Chase & Co.,
American International Group,
Barack Obama,
New York,
Chrysler,
Aig,
Goldman Sachs,
Bank of America,
Merrill Lynch,
Dr. Daniel E. Fass,
Morgan Stanley,
University of California,
General Motors,
Wall Street,
Bonus,
Lehman Brothers,
Great Recession,
White Shoe,
New York Times,
U.S. Census,
London Telegraph,
David D. Kirkpatrick,
Business News
In New York, the oldest and snobbiest financial ventures are called "white shoe" firms. Their arrogance, risky investments and confounding dealing in derivatives threw the rest of us into the Great Recession.
Leo W. Gerard | Posted 10.23.2009 | Business