He was chairman of the New York Stock Exchange and rose to lead the venerable securities firm Kidder, Peabody, but stepped down after it was caught up in a 1980s insider-trading scandal. Source: New York Times
Posts published in “Stocks and Bonds”
E. Gerald Corrigan, Who Helped Ease ’87 Stock Crash, Dies at 80
By Gotham Rex on May 25, 2022
As president of the Federal Reserve Bank of New York, he favored flooding the financial system with cash to restore confidence among investors. Source: New York Times
BuzzFeed I.P.O. Illegally Shortchanged Employees, Dozens Claim
By Gotham Rex on March 15, 2022
The group is asking for compensatory damages estimated at more than $8.7 million. Source: New York Times
After Pandemic, Shrinking Need for Office Space Could Crush Landlords
By Gotham Rex on April 8, 2021
Some big employers are giving up square footage as they juggle remote work. That could devastate building owners and cities. Source: New York Times
WeWork Will Go Public in a Merger With a SPAC
By Gotham Rex on March 26, 2021
The money-losing office space firm plans to merge with a blank-check company backed by big Wall Street investors. Source: New York Times
Bernadette Bartels Murphy, Pioneering Wall Street Trader, Dies at 86
By Gotham Rex on March 25, 2021
Starting out as a secretary, she became a sought-after financial adviser in a male world and found a national platform for her views on public television. Source: New York Times
New York’s $226 Billion Pension Fund Is Dropping Fossil Fuel Stocks
By Gotham Rex on December 9, 2020
The fund will divest from many fossil fuels in the next five years and sell its shares in other companies that contribute to global warming by 2040. Source: New York Times