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Davis Polk halves bonus in line with rivals
Published December 2, 2008, 2:41 am, The Lawyer
Davis Polk & Wardwell has matched Cravath Swaine & Moore and Simpson Thacher & Bartlett in halving its 2008 bonuses. ...
Extreme Makeover at Morgan Stanley
Published November 26, 2008, 4:04 am, New York Times
Call it Morgan Stanley 2.0. Two months ago, Morgan Stanley, one of the grandest names on Wall Street, transformed itself into an old-fashioned bank holding company in a desperate bid to survive the financial crisis.
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