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Bear Stearns Staff Parties On as Banks Scrap Events (Update1)
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While Goldman Sachs Group Inc. scrapped its holiday party for a second straight year and some JPMorgan Chase & Co. bankers had their yuletide gathering in a cafeteria, staffers of Bear Stearns Cos. reunited at a velvet- roped bar that sells bottles of Cristal champagne for $450. About 100 alumni from the defunct securities firm that JPMorgan acquired in March 2008 assembled Dec. 18 at the Dream Hotel’s Rm. Fifty5 on West 55th Street, ...
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New York Senator Charles Schumer warned Wall Street firms to “live up to your responsibilities” and increase lending, particularly to small businesses, while showing restraint on executives’ bonuses. “Get that money out there,” Schumer said in an interview Dec. 23 on Bloomberg Television’s “Political Capital with Al Hunt,” airing this weekend. Banks should make sure the bonuses aren’t “excessive” and are based on merit, Schumer said. The ...
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I went back and forth on how or if at all to write about this story. And in my moment of hesitation, the controversial policy was reversed, well amended. But there are still important questions this debacle brings up. The backstory: This fall, Lincoln University, a historically Black institution in Pennsylvania announced the enactment of a new policy designed to combat the “obesity epidemic” prevalent in younger people, particularly black. ...
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20 hours ago ago from Guaranteed Healthcare | We Don\'t Need Insurance, We Need
We Don't Need Insurance, We Need Guaranteed Healthcare Stories Facts News Blog Home About Contact Press Login Home A Patient’s View of the Senate Christmas Healthcare Gift Posted by Donna Smith - S... on December 24, 2009 - 6:16am By Donna Smith So, all the great fanfare and all the king’s horses. The great and almighty U.S. Senate has spoken. I will have to buy private health insurance – ...
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