Bored of the traditional mindset that surrounds the Stern School of Business, Rachel Lee wanted to explore what lay outside the bubble of future finance workers. She took a semester off before her senior year, walked into Mischief Tattoo on West Fourth Street and asked for a piercing apprenticeship — while her peers were running after Wall Street’s biggest names. Lee, originally in the Stern class of 2018, graduated this past fall with a B.S. in business with a concentration in marketing. She is currently working remotely as Marketing Project Manager for the Hawaii-based cannabis dispensary PONO Life Maui. She is island hopping in March, leaving Manhattan for new adventures. Her journey began with a familiar story — finance and accounting. But as her school career unfolded, Lee realized that she did not want to follow the tradition track. “I kind of figured out my path later on,” Lee said. “There should be some sort of thing freshman year … [Read more...] about The Stern Student Who Chose Maui Over Wall Street
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Join National Urban League President & CEO Marc H. Morial, Rev. Al Sharpton, Congresswoman Maxine Waters, Congressman Gregory W. Meeks, President & CEO CVS Health, Larry J. Merlo, Susan L. Taylor, CEO & COO Ariel Investments John W. Rogers and more …. New York, NY– The Rainbow PUSH Coalition and Citizenship Education Fund will host its 22nd Annual Wall Street Project Economic Summit, February 20 – February 22, 2019 at The Sheraton New York Times Square Hotel, 811 7th Ave., 3rd Floor in New York City. The Wall Street Project Economic Summit is themed, “400 Years Later: Closing the Wealth Gap, Expanding Opportunity.” It will feature sessions on closing the wealth gap, consumer protection, the state of telecom, the tech industries, diversity, investing globally and in Africa, a fireside chat with Larry J. Merlo, president and CEO of CVS Health, and much more. “We’re looking to expand upon the progress and discuss ways to increase … [Read more...] about Rev. Jesse Jackson’s 22nd Annual Rainbow PUSH Wall Street Project Economic Summit
Annabelle Liang, Associated Press Updated 2:00 am CDT, Thursday, October 11, 2018 A man looks at an electronic stock board of a securities firm in Tokyo, Thursday, Oct. 11, 2018. Asian markets tumbled on Thursday, after Wall Street slumped on a heavy selling of technology and internet stocks. Japan’s benchmark fell by an unusually wide margin of 3.9 percent. less A man looks at an electronic stock board of a securities firm in Tokyo, Thursday, Oct. 11, 2018. Asian markets tumbled on Thursday, after Wall Street slumped on a heavy selling of technology and internet ... more Photo: Koji Sasahara, AP A man walks past an electronic board showing Hong Kong share index outside a bank In Hong Kong, Thursday, Oct. 11, 2018. Asian markets tumbled on Thursday, after Wall Street slumped on a heavy selling of technology and internet stocks. less A man walks past an electronic board showing Hong Kong share index … [Read more...] about Losses on Wall Street rip through Asian financial markets
Sections SEARCH Skip to content Skip to site index Politics Subscribe Log In Subscribe Log In Today’s Paper Advertisement Supported by ByShane Goldmacher Oct. 7, 2018 When Charles Myers, the chairman of a financial advisory firm, hosted four relatively unknown Democratic congressional candidates at his Midtown Manhattan home last month, he netted more money than he can remember collecting from an event that wasn’t headlined by a presidential candidate. “More than ever in my 26-year career on Wall Street, donors are willing to look way beyond concerns of overregulation from Democrats,” said Mr. Myers, a longtime Democratic fund-raiser. They just want to elect “Democrats to serve as a check” on President Trump. The stock market may be booming. Unemployment is hitting record lows. Republicans pushed through $1.5 trillion in tax cuts. But despite all that, for the first time in a decade, the … [Read more...] about Wall Street Is Booming Under Trump. But Many of Its Donors Are Embracing Democrats.
James Clark’s phone rang at 4 a.m. with a message that would have been unthinkable to the Wall Street deal lawyer just months earlier. The bleary-eyed Cahill Gordon & Reindel partner heard the terms of a deal he had helped to negotiate: a plan to stave off insolvency for residential mortgage giant GMAC. Cahill had handled the initial financing on behalf of client Bank of America. “This is the final deal, and we hope you like it,” Clark says he was told that morning in December 2008, “because President Bush is going live with it in three hours.” With the financial crisis deepening, the moment underlined a dramatic shift in power away from the financial services industry. It was just one of many firsts for Wall Street lawyers and their firms over the past decade, as a core client base—investment banks—lost some of its influence. Read these related pieces: Are Wall Street Firms Built to Handle Today’s Financial Services Industry? Why we … [Read more...] about A Crack in the Wall: Elite Wall Street Firms Are Being Put to the Test