Longform recently did a great podcast with...
In 8 years, he turned Bloomberg into a $US2 billion company.
Too many 'young men who knew nothing' on Wall Street.
[credit provider=”The Mirror” url=”http://www.mirror.co.uk/news/top-stories/2010/12/17/rape-victim-was-jailed-after-attacker-pressurised-her-into-lying-115875-22788854/”] The New York Times’ Peter Lattman reports that the former secretary to William R. Salomon, a former top partner at Salomon Brothers, was arrested and charged earlier this year with allegedly stealing nearly $2 million from the 98-year-old former bank executive. A court filing shows [.PDF] that Karen R. Febles, […]
[credit provider=”AP Images” url=”http://www.apimages.com/OneUp.aspx?st=k&kw=bloomberg&showact=results&sort=creationdatelower%3Aalphabetical&intv=None&sh=10&kwstyle=and&adte=1342471567&pagez=60&cfasstyle=AND&rids=167aaa1edfe2da11af9f0014c2589dfb&dbm=PY2000&page=1&xslt=1&mediatype=Photo”] Michael Bloomberg started his New York City story sweating in his underwear in Salomon Brothers’ vaults.And in a little over 20 years he turned a $10 million severance package from that now defunct bank into a multi-billion dollar company Wall Street can’t live without.
[credit provider=”Photoshopped by Business Insider, Photos from Wikimedia Commons and AP” url=”http://www.apimages.com/OneUp.aspx?st=k&kw=salomon%20brothers&showact=results&sort=relevance&intv=None&sh=10&kwstyle=and&adte=1341322420&pagez=60&cfasstyle=AND&rids=c1fc74ce66e5da11af9f0014c2589dfb&dbm=PY2000&page=1&xslt=1&mediatype=Photo”] As we anxiously await the film adaptation of Michael Lewis’ seminal Wall Street book, “Liar’s Poker,” we figured we’d take a few moments to re-familiarise ourselves with the rise and fall of the book’s most infamous subject: Salomon […]
[credit provider=”Christie’s” url=”http://www.christies.com/lotfinder/slideshow.aspx?saleid=23908″] John Gutfreund, the former head of legendary investment bank Salomon Brothers, is probably best known for his role in books like Liar’s Poker.Now you’ll get to know him for his (and probably his wife’s) taste.
Although the Salomon name no longer adorns any financial giant, its legacy is common knowledge even for the financial neophyte.