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	<title>Wall Street Folly &#187; investment banking</title>
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	<link>http://files.wallstreetfolly.com/wordpress</link>
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		<title>Lloyd Blankfein&#8217;s speech to the Council of Institutional Investors</title>
		<link>http://files.wallstreetfolly.com/wordpress/2009/04/lloyd-blankfeins-speech-to-the-council-of-institutional-investors/</link>
		<comments>http://files.wallstreetfolly.com/wordpress/2009/04/lloyd-blankfeins-speech-to-the-council-of-institutional-investors/#comments</comments>
		<pubDate>Tue, 07 Apr 2009 14:49:00 +0000</pubDate>
		<dc:creator>WSF</dc:creator>
				<category><![CDATA[Bonuses]]></category>
		<category><![CDATA[Compensation]]></category>
		<category><![CDATA[Goldman Sachs]]></category>
		<category><![CDATA[Lloyd Blankfein]]></category>
		<category><![CDATA[Politics]]></category>
		<category><![CDATA[U.S. Treasury]]></category>
		<category><![CDATA[banking]]></category>
		<category><![CDATA[Council of Institutional Investors]]></category>
		<category><![CDATA[investment banking]]></category>
		<category><![CDATA[speech]]></category>
		<category><![CDATA[TARP]]></category>
		<category><![CDATA[Wall Street]]></category>

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		<description><![CDATA[
Lloyd Blankfein Speech to the Council of Institutional Investors, April 7, 2009 					 							 						Lloyd Blankfein Speech to the Council of Institutional Investors, April 7, 2009			WallStreetFolly 							Remarks by Lloyd C. Blankfein to the Council of Institutional Investors
Spring Meeting , April 2009 						 				
 Publish at Scribd or explore others:  Finance  Business &#38; Law [...]]]></description>
		<wfw:commentRss>http://files.wallstreetfolly.com/wordpress/2009/04/lloyd-blankfeins-speech-to-the-council-of-institutional-investors/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Video: CNBC interview with B of A&#8217;s Ken Lewis &#8211; $BAC</title>
		<link>http://files.wallstreetfolly.com/wordpress/2009/04/video-cnbc-interview-with-b-of-as-ken-lewis-bac/</link>
		<comments>http://files.wallstreetfolly.com/wordpress/2009/04/video-cnbc-interview-with-b-of-as-ken-lewis-bac/#comments</comments>
		<pubDate>Thu, 02 Apr 2009 14:02:00 +0000</pubDate>
		<dc:creator>WSF</dc:creator>
				<category><![CDATA[Bonuses]]></category>
		<category><![CDATA[Compensation]]></category>
		<category><![CDATA[Revolving Door]]></category>
		<category><![CDATA[Bank of America]]></category>
		<category><![CDATA[Banks]]></category>
		<category><![CDATA[Implants]]></category>
		<category><![CDATA[investment banking]]></category>
		<category><![CDATA[Ken Lewis]]></category>
		<category><![CDATA[Politics]]></category>
		<category><![CDATA[TARP]]></category>

		<guid isPermaLink="false">http://files.wallstreetfolly.com/wordpress/2009/04/video-cnbc-interview-with-b-of-as-ken-lewis-bac/</guid>
		<description><![CDATA[On retaining talent:




On the stress tests;


On the economy &#8211; mixed signs may mean we&#39;re nearing the bottom:


]]></description>
		<wfw:commentRss>http://files.wallstreetfolly.com/wordpress/2009/04/video-cnbc-interview-with-b-of-as-ken-lewis-bac/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Jimmy Fallon Video: Save the Bankers</title>
		<link>http://files.wallstreetfolly.com/wordpress/2009/03/jimmy-fallon-video-save-the-bankers/</link>
		<comments>http://files.wallstreetfolly.com/wordpress/2009/03/jimmy-fallon-video-save-the-bankers/#comments</comments>
		<pubDate>Mon, 09 Mar 2009 16:49:00 +0000</pubDate>
		<dc:creator>WSF</dc:creator>
				<category><![CDATA[Videos]]></category>
		<category><![CDATA[investment banking]]></category>
		<category><![CDATA[Humor]]></category>

		<guid isPermaLink="false">http://files.wallstreetfolly.com/wordpress/2009/03/jimmy-fallon-video-save-the-bankers/</guid>
		<description><![CDATA[
&#8220;Save the bankers and make the world a better place&#8221;
]]></description>
		<wfw:commentRss>http://files.wallstreetfolly.com/wordpress/2009/03/jimmy-fallon-video-save-the-bankers/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>You&#8217;ve been downsized from your Wall Street job? Look at the bright side: now you can grow a beard</title>
		<link>http://files.wallstreetfolly.com/wordpress/2008/12/youve-been-downsized-from-your-wall-street-job-look-at-the-bright-side-now-you-can-grow-a-beard/</link>
		<comments>http://files.wallstreetfolly.com/wordpress/2008/12/youve-been-downsized-from-your-wall-street-job-look-at-the-bright-side-now-you-can-grow-a-beard/#comments</comments>
		<pubDate>Thu, 11 Dec 2008 14:39:00 +0000</pubDate>
		<dc:creator>WSF</dc:creator>
				<category><![CDATA[Hedge funds]]></category>
		<category><![CDATA[Revolving Door]]></category>
		<category><![CDATA[investment banking]]></category>
		<category><![CDATA[Banking Culture]]></category>
		<category><![CDATA[Fashion]]></category>

		<guid isPermaLink="false">http://files.wallstreetfolly.com/wordpress/2008/12/youve-been-downsized-from-your-wall-street-job-look-at-the-bright-side-now-you-can-grow-a-beard/</guid>
		<description><![CDATA[And apparently lots of people have been (including a bunch of investment bankers and hedge funders that we know):
After Jorge Hendrickson lost his job at a Manhattan hedge fund three weeks ago, he stopped shaving. &#34;I&#39;ve shaved for so long, and it&#39;s nice to be able to look at the positive side&#34; of losing a [...]]]></description>
		<wfw:commentRss>http://files.wallstreetfolly.com/wordpress/2008/12/youve-been-downsized-from-your-wall-street-job-look-at-the-bright-side-now-you-can-grow-a-beard/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Investment banking bonuses could drop over 70% at BNP Paribas; even &#8220;the best performers may be affected&#8221;; more people will get ZERO bonuses</title>
		<link>http://files.wallstreetfolly.com/wordpress/2008/11/investment-banking-bonuses-could-drop-over-70-at-bnp-paribas-even-the-best-performers-may-be-affected-more-people-will-get-zero-bonuses/</link>
		<comments>http://files.wallstreetfolly.com/wordpress/2008/11/investment-banking-bonuses-could-drop-over-70-at-bnp-paribas-even-the-best-performers-may-be-affected-more-people-will-get-zero-bonuses/#comments</comments>
		<pubDate>Fri, 21 Nov 2008 13:35:00 +0000</pubDate>
		<dc:creator>WSF</dc:creator>
				<category><![CDATA[Bonuses]]></category>
		<category><![CDATA[investment banking]]></category>

		<guid isPermaLink="false">http://files.wallstreetfolly.com/wordpress/2008/11/investment-banking-bonuses-could-drop-over-70-at-bnp-paribas-even-the-best-performers-may-be-affected-more-people-will-get-zero-bonuses/</guid>
		<description><![CDATA[Lumps of coal: Bloomberg reports that after BNP Paribas&#39; Q3 profit stumble, investment banking bonuses could drop 70% or more &#8212; and in more cases, to the dreaded bagel:

Most employees will have their bonuses reduced, more people than in the past will receive no bonus at all, and even the &#8220;best performers may be affected,&#39;&#39; [...]]]></description>
		<wfw:commentRss>http://files.wallstreetfolly.com/wordpress/2008/11/investment-banking-bonuses-could-drop-over-70-at-bnp-paribas-even-the-best-performers-may-be-affected-more-people-will-get-zero-bonuses/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>With fees to Wall Street banks drying up, will there be more consolidation?</title>
		<link>http://files.wallstreetfolly.com/wordpress/2008/08/with-fees-to-wall-street-banks-drying-up-will-there-be-more-consolidation/</link>
		<comments>http://files.wallstreetfolly.com/wordpress/2008/08/with-fees-to-wall-street-banks-drying-up-will-there-be-more-consolidation/#comments</comments>
		<pubDate>Mon, 25 Aug 2008 13:19:00 +0000</pubDate>
		<dc:creator>WSF</dc:creator>
				<category><![CDATA[Fees]]></category>
		<category><![CDATA[investment banking]]></category>
		<category><![CDATA[M&A]]></category>

		<guid isPermaLink="false">http://files.wallstreetfolly.com/wordpress/2008/08/with-fees-to-wall-street-banks-drying-up-will-there-be-more-consolidation/</guid>
		<description><![CDATA[Fees generated by the big Wall Street banks and boutiques have dried up in a
big way and the Wall Street Journal&#8217;s Heard on the Street column suggests that there
may be more pain on the way.&#160; And that could lead to consolidation.

Senior bankers warn that after a tough first half, the outlook has deteriorated further. Does [...]]]></description>
		<wfw:commentRss>http://files.wallstreetfolly.com/wordpress/2008/08/with-fees-to-wall-street-banks-drying-up-will-there-be-more-consolidation/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Cityfile&#8217;s 59th &amp; Fifth power grid</title>
		<link>http://files.wallstreetfolly.com/wordpress/2008/07/cityfiles-59th-fifth-power-grid/</link>
		<comments>http://files.wallstreetfolly.com/wordpress/2008/07/cityfiles-59th-fifth-power-grid/#comments</comments>
		<pubDate>Mon, 14 Jul 2008 21:33:00 +0000</pubDate>
		<dc:creator>WSF</dc:creator>
				<category><![CDATA[Hedge funds]]></category>
		<category><![CDATA[investment banking]]></category>
		<category><![CDATA[Law firms]]></category>

		<guid isPermaLink="false">http://files.wallstreetfolly.com/wordpress/2008/07/cityfiles-59th-fifth-power-grid/</guid>
		<description><![CDATA[
Cool new site Cityfile.com has a great interactive 3D map where you can navigate around and see where the big money firms &#8212; like Icahn &#38; Co, Paulson &#38; Co, Och Ziff, Perry Capital, etc.&#8211;&#160; are located around 59th Street and Fifth Avenue.&#160; &#160;Above is a screen shot;&#160; the interactive tool is here. 
]]></description>
		<wfw:commentRss>http://files.wallstreetfolly.com/wordpress/2008/07/cityfiles-59th-fifth-power-grid/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Citigroup: 10% of investment banking jobs set for cuts</title>
		<link>http://files.wallstreetfolly.com/wordpress/2008/06/citigroup-10-of-investment-banking-jobs-set-for-cuts/</link>
		<comments>http://files.wallstreetfolly.com/wordpress/2008/06/citigroup-10-of-investment-banking-jobs-set-for-cuts/#comments</comments>
		<pubDate>Mon, 23 Jun 2008 13:05:00 +0000</pubDate>
		<dc:creator>WSF</dc:creator>
				<category><![CDATA[Citigroup]]></category>
		<category><![CDATA[Credit Crunch]]></category>
		<category><![CDATA[Revolving Door]]></category>
		<category><![CDATA[investment banking]]></category>

		<guid isPermaLink="false">http://files.wallstreetfolly.com/wordpress/2008/06/citigroup-10-of-investment-banking-jobs-set-for-cuts/</guid>
		<description><![CDATA[

According to this morning&#8217;s Wall Street Journal sources, Citigroup will be slashing 10% of its investment banking division&#160; jobs with M&#38;A bankers exspected to be hit hard&#8230;. 

&#34;Citi indicated earlier this year that
it would be resizing this business in response to market conditions and as part
of our ongoing re-engineering efforts,&#34; spokesman Dan Noonan said, without
confirming [...]]]></description>
		<wfw:commentRss>http://files.wallstreetfolly.com/wordpress/2008/06/citigroup-10-of-investment-banking-jobs-set-for-cuts/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Everyone knows that Bear Stearns stockholders got screwed; now JP Morgan is admitting it</title>
		<link>http://files.wallstreetfolly.com/wordpress/2008/06/everyone-knows-that-bear-stearns-stockholders-got-screwed-now-jp-morgan-is-admitting-it/</link>
		<comments>http://files.wallstreetfolly.com/wordpress/2008/06/everyone-knows-that-bear-stearns-stockholders-got-screwed-now-jp-morgan-is-admitting-it/#comments</comments>
		<pubDate>Tue, 17 Jun 2008 21:32:00 +0000</pubDate>
		<dc:creator>WSF</dc:creator>
				<category><![CDATA[Jamie Dimon]]></category>
		<category><![CDATA[investment banking]]></category>
		<category><![CDATA[Bear Stearns]]></category>
		<category><![CDATA[JPM Chase]]></category>

		<guid isPermaLink="false">http://files.wallstreetfolly.com/wordpress/2008/06/everyone-knows-that-bear-stearns-stockholders-got-screwed-now-jp-morgan-is-admitting-it/</guid>
		<description><![CDATA[

At a meeting of 1000 employees &#8212; in JP Morgan&#8217;s cafeteria, CEO Jamie Dimon and investment banking co-heads Steve Black and Bill Winters admitted to the newly combined investment banking staff what the rest of the world pretty much knew already &#8212; that Bear Stearns is worth much more than the $10 bargain bin price [...]]]></description>
		<wfw:commentRss>http://files.wallstreetfolly.com/wordpress/2008/06/everyone-knows-that-bear-stearns-stockholders-got-screwed-now-jp-morgan-is-admitting-it/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Video: Ken Moelis &#8211; Keynote speaker at the Deal&#8217;s Private Equity Symposium</title>
		<link>http://files.wallstreetfolly.com/wordpress/2008/05/video-ken-moelis-keynote-speaker-at-the-deals-private-equity-symposium/</link>
		<comments>http://files.wallstreetfolly.com/wordpress/2008/05/video-ken-moelis-keynote-speaker-at-the-deals-private-equity-symposium/#comments</comments>
		<pubDate>Thu, 15 May 2008 14:45:00 +0000</pubDate>
		<dc:creator>WSF</dc:creator>
				<category><![CDATA[investment banking]]></category>
		<category><![CDATA[Kenny Moelis]]></category>

		<guid isPermaLink="false">http://files.wallstreetfolly.com/wordpress/2008/05/video-ken-moelis-keynote-speaker-at-the-deals-private-equity-symposium/</guid>
		<description><![CDATA[





&#34;My mother called me up at the end of the equity bubble, and&#8230; you know I have been at the heart and seen some of the problems, and my mother said, &#8216;Hey how come you never go to jail?&#8217; ,and I said &#8216;Gee, Thanks Mom&#8217;&#8230;The &#8216;everybody&#8217;s doing it&#8217; excuse doesn&#8217;t hold when people are wondering [...]]]></description>
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		<slash:comments>0</slash:comments>
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