• 30 Mar 2012 at 5:58 PM

Layoffs Watch ’12: Bank Of America

On the one hand, Brian Moynihan et al plan to cut staff next month, which hurts. On the other, they’ve been suggesting to certain at risk employees that they might want to see if they can find a home elsewhere inside the bank prior to D-Day, so that’s nice. Read more »

Earlier this morning, Fortune hosted a breakfast with Vikram Pandit to pick his brain on what’s been a’ poppin’ at Citi and the economy in general. According to Pandit, the Big C will report a profit for the third quarter and he does “not expect the U.S. to go into a recession,” which is all very exciting news. When asked about the individuals occupying Wall Street, he said that their grievances are “completely understandable” and that “trust has been broken between financial institutions and citizens.” And that’s not all. Read more »

The meeting is said to be scheduled for 3PM, leaving the staff, Beamers girls, Morton’s bartenders and the guy who “sells a whole lot of brown-bagged bottles of liquor to UBS employees every evening” plenty of time to freak out that they’re going to potentially told the bank is leaving the state. Alternatively, those who dream of a giant Costco taking over the 100,300 square foot space will have the entire day to salivate over potentially pillaging delicious and moderately priced cheesecakes every day after work. Read more »

He’s does it all the time around the office but never in public, in front of other people.

To: NYU Stern Community

Subject: Interview with Dr. Allan Greenspan, Former Chairman of the Federal Reserve, by John A. Paulson, President of Paulson & Co. Inc

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  • 19 Feb 2010 at 1:05 PM

Regrets: Hank Paulson Wanted To Be A Forest Ranger

Picture 184.pngHank Paulson had a little chat last night at the 92Y with GE CEO Jeffrey Immelt. This must’ve been a tad on the uncomfortable side, since just last week, the two had a spat about the passage in Hank’s book mentioning the September 2008 convo regarding GE’s commercial paper woes they may or may not have had. (Paulson chalked it up to having a bad memory, stress, bird-deprivation, etc).
Anyway, no matter, because the ice was broken by starting with a less controversial topic Hank’s unaccomplished desire to be a forest ranger. “I never wanted to be a forest ranger more than during the crisis,” the former Treasury Secretary said wistfully.

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  • 12 Feb 2010 at 4:10 PM

Andrew Ross Sorkin, Roubini, Malpass Chitchat About Greece

They all agree it sucks. But which one sounds the smartest saying it?