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Posts Tagged ‘lehman brothers’

Finding sustainable success with Blackstone CEO Stephen Schwarzman

“We were so low that people would take advantage of us. People we knew well would just lie to us. One of my favorites was a company we did an enormous amount of work for and really helped save. We then went to see the CEO and he said, ‘I really love you guys but ...

Why IBM Profits Rose 20 Percent While World Markets Fell 20 Percent

10.12.2008 · Posted in Finance Articles

Amid the panic of investors, brokers, and analysts, world equity markets plunged 20 percent in one week. IBM presented signs of survival as the company prepares to release a full earning report on October 16 that will show a 20 percent jump in profit. The enormous impact of sickly stocks, broken banks, credit crunch, cascading ...