- Goldman Sachs Still Shines for MBAs Who Ignore ‘Hype’
- Soros, Citadel Hire Hedge-Fund Analysts From Galleon
- UBS Lays Out Employee Ethics Code
- Murdered Merrill Banker’s Wife Appeals Her Conviction
- Ex-Merrill Banker Bayly Won’t Be Retried in Enron Barge Case
Goldman Sachs Still Shines for MBAs Who Ignore ‘Hype’ – Bloomberg
…..“I’m not looking at it for that $20 million bonus,” said Zenel, 24, who is pursuing a master’s degree in business administration at the Massachusetts Institute of Technology Sloan School of Management in Cambridge. “I’m more looking at it as an opportunity to work for a solid firm that has a track record of success.”….
Goldman Sachs hasn’t seen any decline in job inquiries from MBA students since last year, Sandra Hurse, vice president for global recruiting, wrote in an e-mail.
“Our applications numbers remain on par with previous years, and attendance at our recruiting events on campus this year were high,” Hurse said……
Soros, Citadel Hire Hedge-Fund Analysts From Galleon – Bloomberg
Eric Wasserstrom and Rajeev Patel will analyze the financial-services industry for the New York-based hedge-fund firm started by billionaire George Soros, according to a person familiar with the matter, who asked not to be identified because the information is private. Wasserstrom didn’t return a telephone message seeking comment. Patel declined to comment.
Charles Benziger was hired as a consumer-industry analyst at Citadel, said Devon Spurgeon, a spokeswoman for the Chicago firm run by Ken Griffin. Benziger, who was a portfolio manager at Galleon, is joining Citadel’s San Francisco office……
UBS Lays Out Employee Ethics Code – Wall Street Journal
UBS AG Tuesday issued an employee code explicitly banning staff from helping clients cheat on their taxes, as part of the Swiss bank’s effort to restore its reputation after a messy U.S. probe into hidden offshore accounts.
“We do not provide assistance to clients or colleagues in acts aimed at deceiving tax authorities,” according to the code, which is prefaced with remarks from UBS Chairman Kaspar Villiger and Chief Executive Oswald Grübel. The code, which also addresses issues such as financial crime, competition, confidentiality and diversity, is meant as a response to wrongdoing in UBS’s U.S. offshore arm, which has since been shuttered…..
Murdered Merrill Banker’s Wife Appeals Her Conviction – Bloomberg
Nancy Kissel, imprisoned for life for murdering her Merrill Lynch & Co. banker husband, began her final appeal against the conviction in a Hong Kong court today.
Chief Justice Andrew Li and four other Court of Final Appeal judges heard her lawyer, Gerard McCoy, argue that irregularities in her 2005 jury trial may have caused her an injustice. The appeal continues tomorrow…..
Ex-Merrill Banker Bayly Won’t Be Retried in Enron Barge Case – Bloomberg
Former Merrill Lynch & Co. investment banking chief Daniel Bayly won’t be retried for his alleged role in what prosecutors said was a scheme to inflate Enron Corp.’s 1999 earnings through the sham sale of Nigerian power-generating barges, a judge ruled.
U.S. District Judge Ewing Werlein in Houston dismissed charges against Bayly today “upon motion by the United States and in the interest of justice,’’ according to an order posted on the court’s Web site…..
Tags: Citadel, Convictions, Enron, Ethics, Galleon, George Soros, Goldman Sachs, Legal, MBA, Revolving Door, UBS
