DOCSLIB.ORG

One of Wall Street's Most Recognized Experts Joins Trinity Financial Board

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
One of Wall Street's Most Recognized Experts Joins Trinity Financial Board Peter Grandich, Managing Member 219B Morris Avenue, Spring Lake, NJ 07762 [email protected] DATE: February 1, 2016 CONTACT: Peter Grandich 732-642-3992 [email protected] One of Wall Street’s Most Recognized Experts Joins Trinity Financial Board SPRING LAKE, NJ - Trinity Financial Sports & Entertainment Management Company, a division of Peter Grandich & Company, announced today that Guy Adami has joined the firm’s Corporate Advisory Board. “While he may not score points on the gridiron, in my opinion Guy Adami is one of the very few Wall Street experts who scores a touchdown whenever he speaks,” said Peter Grandich, founder and managing member of Trinity Financial. “In a sea full of highly biased and more-wrong- than-right investment advice, Guy Adami is a refreshing breeze of prudent, humble investment insight. I urge our clientele to make Guy’s commentary apart of their research.” Grandich explains that the purpose of Trinity Financial Advisory Board is to provide guidance to the firm’s unique niche clientele. Through their own life experiences, faith-filled advisory board members can help guide athletes and entertainers through many of the challenges that celebrity can often bring. Adami adds, “I’m truly honored that Peter Grandich feels I can assist his clientele. I’ve been a long-time admirer of Peter’s work and consider him a close, personal friend.” About Guy Adami: Guy is an original member of CNBC’s Fast Money. He is currently the Director of Advisor Advocacy at Private Advisor Group in Morristown, New Jersey. Private Advisor Group is comprised of a network of nearly 500 advisors with assets approaching $16B. Guy has held numerous key leadership roles in the financial services industry. He began his career at Drexel Burnham Lambert in 1986 and was quickly promoted to Vice President and Head Gold Trader. He then joined Goldman Sachs in 1996 as the head gold trader and one of the many proprietary traders within the Fixed Income Currency and Commodity division. In the spring of 2000, Adami joined the U.S. Equities division of Goldman Sachs where he was put in charge of the firm’s Industrial/Basic Material group. Guy is the Vice Chairman of the NJ Chapter of The Leukemia and Lymphoma Society and is a graduate of Georgetown University. He is also a board member of Invest in Others. In August 2012, Guy completed the New York City Ironman. Follow him on Twitter: @GuyAdami About Trinity Financial: Peter Grandich is founder of Trinity Financial, Sports & Entertainment Management Company, a division of Peter Grandich & Company. Trinity Financial offers specialized services for professional athletes and entertainers, as well as the public-at-large. Providing internationally-acclaimed guidance on matters of finance since 1984, Grandich is also the founder of Peter Grandich & Company. His autobiography, Confessions of a Wall Street Whiz Kid, now in its third edition, and has received critical acclaim. It is available online at ConfessionsOfaWallStreetWhizKid.com. Grandich is also the founder of the Athletes & Business Alliance, a private organization of professional athletes and business executives who exchange ideas and build relationships in a supportive, mutually-beneficial environment. The organization’s website is www.ScoreForBusiness.com. Trinity Financial Sports & Entertainment Management Co., LLC., is located at 219B Morris Avenue, Spring Lake, New Jersey 07762. For information, go to www.TrinityFSEM.com, contact Peter Grandich by email at [email protected] or call 732-642-3992. – X X – .
Load more

Recommended publications
  • THE WALL STREET JOURNAL. © 1990 Dow Jones & Company, Inc
    THE WALL STREET JOURNAL. © 1990 Dow Jones & Company, Inc. All Rights Reserved. VOL CXXII NO. 66 WESTERN EDITION WEDNESDAY, APRIL 4, 1990 RIVERSIDE, CALIFORNIA 50 C E N T S By DAVID J. JEFFERSON originally set for $25 million, was to have been more attuned to the needs of small clients than is the Wall Street firms still generally neglect the Staff Reporter of THE WALL STREET JOURNAL co-managed by Drexel Burnham Lambert Inc. Wall Street. “The regionals are closer to the middle market. “The result is that we’ve had a Wall Street’s biggest investment bankers are But Drexel's parent, Drexel Burnham Lambert businesses that are doing the transactions, not wide-open field,” Mr. Greene says of the writhing after the collapse of junk bonds and Group Inc., filed for bankruptcy-law protection only geographically but also in temperament,” regionals. megamergers, but many regional investment Feb. 13 and has said it plans to liquidate its says Richard Himelfarb, executive vice president firms are on a roll. And that’s good news for assets. of Legg Mason Wood Walker Inc., a Baltimore Improving Staffs entrepreneurs who rely on the regionals to “We were able to go back to the client and concern that does transactions in the $10 million arrange and finance acquisitions and other say we’d like to continue to perform on this,” to $100 million range. Moreover, as Wall Street lays off investment strategic deals. Allen Weintraub, Advest's president, says. The top people at regional firms routinely bankers in droves, many of the regional firms are Not long ago, Wall Street investment bankers “That’s proof that things can be done regionally, pay personal attention to clients.
    [Show full text]
  • Drexel Burnham Lambert Archival Finding Aid
    MUSEUM OF AMERICAN FINANCE Drexel Burnham Lambert Archival Finding Aid Museum of American Finance 11/17/2014 Notable Subjects: Drexel Burnham Lambert, I.W. Burnham II, Frederick Joseph, Robert E. Linton, Michael Milken, investment banking, high yield bonds, junk bonds, bankruptcy. Historical Significance Drexel Burnham Lambert was a prominent Wall Street investment bank forced into bankruptcy in 1990. It was founded as a small brokerage firm, Burnham and Company, in 1935 by I.W. “Tubby” Burnham. In 1973 Burnham and Company merged with Drexel Firestone to form Drexel Burnham, and in 1976 it merged with the American arm of the Belgian firm George Bruxelles Lambert and was renamed Drexel Burnham Lambert. By the mid 1980’s DBL was ranked among Wall Street’s top investment banks, employing over 10,000 people. Its success was fueled by its creation of a market for first-issue junk bonds, allowing low-credit companies to raise capital by issuing bonds rather than having to offer their stock. In 1986 DBL came under investigation by the U.S. Securities and Exchange Commission involving insider trading and other illegal trading practices. Under extreme pressure from the government and a subsequent decline in DBL’s business, the company filed for bankruptcy in February of 1990. Scope and Content: The Drexel Burnham Lambert collection at the Museum of American Finance consists of internal company memoranda and correspondence; financial statements of the firm; consolidated income statements; info about profit sharing; info about health care and retirement benefits for employees; DBL Exposure, issues of a publication for employees; settlement with the SEC; Chapter 11 bankruptcy material; DBL Liquidating Trust material; journals and newspaper articles about DBL; DBL objects including banners, t-shirts, buttons, etc.
    [Show full text]
  • Glass-Steagall: Lest We Forget
    Florida State University Law Review Volume 11 Issue 1 Article 5 Spring 1983 Glass-Steagall: Lest We Forget Lawrence F. Orbe III Follow this and additional works at: https://ir.law.fsu.edu/lr Part of the Banking and Finance Law Commons Recommended Citation Lawrence F. Orbe III, Glass-Steagall: Lest We Forget, 11 Fla. St. U. L. Rev. 163 (1983) . https://ir.law.fsu.edu/lr/vol11/iss1/5 This Comment is brought to you for free and open access by Scholarship Repository. It has been accepted for inclusion in Florida State University Law Review by an authorized editor of Scholarship Repository. For more information, please contact [email protected]. COMMENTS GLASS-STEAGALL: LEST WE FORGET* LAWRENCE F. ORBE III I. INTRODUCTION In response to the Great Depression, federal legislation was en- acted to separate commercial and investment banking. However, the gradual sophistication of the banking industry and the creation of a plethora of new financial services offered by banking institu- tions have blurred this statutorily mandated division. This com- ment will trace the history of this legislation and delineate the principle actors responsible for its formulation. Next, an analogy * For earlier discussions of the Banking Act of 1933 (Glass-Steagall Act) and related issues, see Beatty, What are the Legal Limits to the Expansion of National Bank Services? 86 BANKING L.J. 3 (1969); Beatty, The Incidental Powers of National Banks, 4 NAT'L BANKING REv. 263 (1967); Chase, The Emerging Financial Conglomerate: Liberalization of the Bank Holding Company Act, 60 GEO. L.J. 1225 (1972); Clark and Saunders, Glass- Steagall Revised: The Impact on Banks, Capital Markets, and the Small Investor, 97 BANKING L.J.
    [Show full text]
  • A Transactional Genealogy of Scandal: from Michael Milken to Enron to Goldman Sachs
    University of Pennsylvania Carey Law School Penn Law: Legal Scholarship Repository Faculty Scholarship at Penn Law 2013 A Transactional Genealogy of Scandal: From Michael Milken to Enron to Goldman Sachs William W. Bratton University of Pennsylvania Carey Law School Adam J. Levitin Georgetown University Follow this and additional works at: https://scholarship.law.upenn.edu/faculty_scholarship Part of the Accounting Commons, Accounting Law Commons, Business Administration, Management, and Operations Commons, Business Law, Public Responsibility, and Ethics Commons, Business Organizations Law Commons, Corporate Finance Commons, Law and Economics Commons, and the Securities Law Commons Repository Citation Bratton, William W. and Levitin, Adam J., "A Transactional Genealogy of Scandal: From Michael Milken to Enron to Goldman Sachs" (2013). Faculty Scholarship at Penn Law. 1515. https://scholarship.law.upenn.edu/faculty_scholarship/1515 This Article is brought to you for free and open access by Penn Law: Legal Scholarship Repository. It has been accepted for inclusion in Faculty Scholarship at Penn Law by an authorized administrator of Penn Law: Legal Scholarship Repository. For more information, please contact [email protected]. A TRANSACTIONAL GENEALOGY OF SCANDAL: FROM MICHAEL MILKEN TO ENRON TO GOLDMAN SACHS WILLIAM W. BRATTON* ADAM J. LEVITIN† ABSTRACT Three scandals have reshaped business regulation over the past thirty years: the securities fraud prosecution of Michael Milken in 1988, the Enron implosion of 2001, and the Goldman Sachs “ABACUS” enforcement action of 2010. The scandals have always been seen as unrelated. This Article highlights a previously unnoticed transactional affinity tying these scandals together—a deal structure known as the synthetic collateralized debt obligation involving the use of a special purpose entity (“SPE”).
    [Show full text]
  • Requiem for a Market Maker: the Case of Drexel Burnham Lambert and Below-Investment-Grade Bonds* By
    Working Requiem for a Market Maker: The Case of Drexel Burnham Lambert and Below-lnvestment-Grade Bonds Paper Elijah Brewer III and William E. Jackson III Series Working Papers Series Issues in Financial Regulation Research Department Federal Reserve Bank of Chicago December 1997 (WP-97-25) FEDERAL RESERVE BANK OF CHICAGO Requiem for a Market Maker: The case of Drexel Burnham Lambert and Below-Investment-Grade Bonds* by Elijah Brewer III Research Department, 11th Floor 230 S. LaSalle Street Federal Reserve Bank of Chicago Chicago, Illinois 60604-1413 and William E. Jackson III Kenan-Flagler Business School Campus Box 3490 McColl Building University of North Carolina Chapel Hill, North Carolina 27599-3490 JEL Classification Numbers: Gl, G2, G21, G28, L8 [Please Do not Quote without permission from Authors] December 1997 ’We thank Jennifer Conrad, Jason Greene, Gail Greenfield, Anil K. Kashyap, George G. Kaufinan, Randall S. Kroszner, Richard McEnally, Kathryn Moran, Richard Rendleman, Clifford Smith, Henri Servaes, Daniel Sullivan, participants at UNC-Chapel Hill’s Finance Area Summer Seminar Series, Federal Reserve Banks of Atlanta and Chicago Seminar Series, and the Western Economics Association 1997 meetings, for valuable comments and suggestions. The research assistance of Jeffrey P. Ballou, Justin L. Brewer, Timothy M. Mumane, Peter Schneider, Budhiphol Suttiratana, and Nancy E. Waddington is greatly appreciated. The views expressed here are those of the authors and do not represent the Board of Governors of the Federal Reserve System or the Federal Reserve Bank of Chicago. Requiem for a Market Maker-. The Case of Drexel Burnham Lambert and Below- Investment-Grade Bonds ABSTRACT In this article we add to both the financial intermediation and market microstructure literature by examining the market reactions surrounding the withdrawal of a major financial intermediary and market maker from a specific securities market.
    [Show full text]
  • SEC News Digest, 01-10-1985
    ~est Issue 85-7 NOnCE OF COMMISSIONMEEl.aS Following is a schedule of Commission meetings which will be conducted pursuant to provisions of the Government in the Sunshine Act. In general, the eo.ission expects to follow a schedule of holding closed meetings on Tuesdays, and open meet- ings on Thursday morning. Meetings on Wednesday, and if necessary On Thursday afternoons, will be either open or closed according to the requirements of agenda iteme under consideration. The COmmission will not normally meet on MOndays or Fridays. Visitors are welcome at all open meetings, insofar as space is available. Meetings will be held in the Commission Meeting Room, Room 1C30, at the Commission's headquarters· building, 450 Fifth Street, N.W., Washington, DC. Persons wishing to photograph or videotape commission meetings must obtain permission in advance from the Secretary of the Commission. Persons wishing to tape record a Commission meeting should notify the Secretary's office 48 hours in advance of the meeting. CLOSED MEETING - TUESDAY, JANUARY 15, 1985 - 10:00 a.m. The subject matter of the January 15 closed meeting will be: Formal orders of inves- tigationr In~titution of administrative proceedings of an enforcement natureJ Settle- ment of administrative proceedings of an enforcement natureJ Institution of injunctive actionsJ Opinion. OPEN MEETING - TUESDAY, JANUARY 15, 1985 - 3:00 p.m. The subject matter of the January 15 open meeting will be: The commission will meet with representatives from the American Society of Corporate Secretaries to discuss matters of mutual interest including, among other things, bene- ficial ownership disclosure rules, tender offer regulation and shareholder ~unica- tions.
    [Show full text]
  • This Is the Beginning of Mur # Z37
    FEDERAL ELECTION COMMISSION WASHINGTON. D.C. 20463 THIS IS THE BEGINNING OF MUR # Z37 D~ATE FILMED CAMERA, NO. ___ C -MRAA 0 9 PUBLIC RECORD INDEX - RUR 2395 1. Memo, 17 Mar 87, John D. Gibson (Reports Analysis Division) to Lawrence M. Noble (Acting General Counsel), subJ: Referral of Drexel Burnham Lambert Political Action Committee, w/atch (RAD Referral Pkge). 2. First General Counsel's Report, 20 Apr 87. 3. Certification of Commission Action, 23 Apr 87. 4. Ltr, 4 May 87, Scott E. Thomas (Chairman, FEC) to Doris C. Lindbergh (Treas., Drexel Burnham Lambert Political Action Committee), w/atch (Factual and Legal Analysis). 5. Ltr, 9 Jun 87, Paul A. Merolla (Senior V.P. & Deputy General Counsel, DBL-PAC) to Scott E. Thomas. 6. General Counsel's Report, 17 Jul 87. 7. Certification of Commission Action, 17 Jul 87. 8. Ltr, 22 Jul 87, L.M. Noble to P.A. Merolla. 9. General Counsel's Report, 11 Dec 87. 10. Certification of Commission Action, 16 Dec 87. 11. Ltr, 22 Dec 87, L.M. Noble to P.A. Merolla w/atch (executed conciliation agreeement). -END- NOTE: In preparing its file for the public record, O.G.C. routinely removes those documents in which it perceives little or no public interest, and those documents, or portions thereof, which are exempt from disclosure under the Freedom of Information Act. 87NF-61 THROUGH 87NF-75 *0 p FEDERAL ELECTION COMMISSION WASHINGTON. 0 C 463 Match 17, 1987 LAWRENCE K. NOB ACTING GENE S THROUGH: STAFFJOHN C.DIRE SU 0N . JOHN D.
    [Show full text]
  • GGD-88-48FS Securities Regulation
    Y I-ssq / * United States General Accounting Office . Fact Sheet for the Chairman, ‘GAO Subcommittee on Oversight and Investigations, Committee on Energy and Commerce, House of Representatives Marc+ 1988 SECURITIES /I REGULATION Hostile Corporate Takeovers: Synopses of Thirty-Two Attempts . * P ““““,I. ““.“_1-“1”“1 _ __-111 --_I ----- l-“,-l---ll--_-l ---- -~ - --_- ~ --.. -. .--l-llllll ~ ‘km”-“..-_-.---- 1 Inked States General Accounting Offlce Washington, DC 20548 General Government Division B-23041 3 March 4, 1988 The Honorable John D. Ding@11 Chairman, Subcommittee on Oversight and Investigations Committee on Energy and Commerce House of Representatives Dear Mr. Chairman: Your December 16, 1986, letter requested our assistance on several issues relating to developments in the securities markets. This fact sheet provides information on one of the issues, hostile corporate takeovers. Specifically, as agreed with the Subcommittee on January 11, 1988, we are summarizing information on 32 takeover contests initiated in calendar year 1985. Appendix I identifies the target and bidding companies involved and the result of each contest. In order to obtain information on specific aspects of the hostile corporate takeover process, we selected those takeover attempts involving nonfinancial target companies in which bidding companies filed tender offers with the Securities and Exchange Commission (SEC) in calendar year 1985. We excluded takeover attempts involving banks and other financial institutions because these entities are subject to different regulatory requirements. The SEC filings from which we obtained most of the information are the Tender Offer Statement (Schedule 14D-1) , the Beneficial Ownership Statement (Schedule 13D), and the Solicitation/Recommendation Statement-Tender Offer (Schedule 14D-9).
    [Show full text]
  • Vita Professor David F. Hawkins Education
    VITA PROFESSOR DAVID F. HAWKINS EDUCATION: D.B.A. Harvard Business School 1962 M.B.A. (with distinction) Harvard Business School 1958 A.B. (cum laude in general studies) Harvard University 1956 SPECIAL HONORS AND AWARDS: Business History Review Newcomen Society Award, 1963 California Management Review McKinsey Award, 1970 Financial Analysts Journal Graham & Dodd Scroll, 1977 Institutional Investor All American Research Team, 1976 – 2003 Harvard Business School Premier Case Collection (11 citations) 2008 BUSINESS EXPERIENCE: Accounting Consultant, Merrill Lynch, New York, New York, 1990 – 2003. Consulting Associate, Aerion Resources Corporation, Inc., Brookline, Massachusetts, 1980-present. Director, AGCO Inc., Atlanta, Georgia, 1991-1993; Chairman of Audit Committee. Accounting Consultant, Drexel Burnham Lambert Incorporated, New York, New York, 1972-1990. Director, Hadco Corporation, Salem, New Hampshire, 1966-1989; Chairman of Audit Committee. Director, Guaranty Federal Savings & Loan Association, 1985; Chairman of Audit Committee. Executive Assistant to the Managing Director and Corporate Secretary, Australian Carbon Black Pty. Lyd., 1958-1960. President, Kenmore Management Associates, Inc., Boston, Massachusetts, 1969-74. 2 TEACHING EXPERIENCE: Research Assistant, Harvard Business School, 1960-1961 Research Associate, Harvard Business School, 1961-1962 Assistant Professor, Harvard Business School, 1962-1967 Associate Professor, Harvard Business School, 1967-1969 Professor, Harvard Business School, 1970-present (Lovett-Learned Professor 1993-present) OTHER ACTIVITIES: Financial Accounting Standards Advisory Council, 1979-1983, (Committee on Agenda, 1980-1983). Financial Accounting Standards Board Task Forces on: Accounting for Changing Prices (1979), Usefulness to Investors and Creditors of Information Provided by Financial Reporting (1984-87). Trustee, Mount Holyoke College, South Hadley, Massachusetts, Audit Committee and Finance Committee, Buildings and Grounds Committee, Proxy Committee, Education Committee, Resources and Priorities Committee, 1984-1994.
    [Show full text]
  • The Decline of Investment Banking: Preliminary Thoughts on the Evolution of the Industry 1996-2008, 5 J
    Journal of Business & Technology Law Volume 5 | Issue 1 Article 6 The eclineD of Investment Banking: Preliminary Thoughts on the Evolution of the Industry 1996-2008 Robert J. Rhee Follow this and additional works at: http://digitalcommons.law.umaryland.edu/jbtl Part of the Securities Law Commons Recommended Citation Robert J. Rhee, The Decline of Investment Banking: Preliminary Thoughts on the Evolution of the Industry 1996-2008, 5 J. Bus. & Tech. L. 75 (2010) Available at: http://digitalcommons.law.umaryland.edu/jbtl/vol5/iss1/6 This Articles & Essays is brought to you for free and open access by the Academic Journals at DigitalCommons@UM Carey Law. It has been accepted for inclusion in Journal of Business & Technology Law by an authorized editor of DigitalCommons@UM Carey Law. For more information, please contact [email protected]. 27675 mlb_5-1 Sheet No. 41 Side A \\server05\productn\M\MLB\5-1\MLB106.txt unknown Seq: 1 10-FEB-10 8:10 robert j. rhee* The Decline of Investment Banking: Preliminary Thoughts on the Evolution of the Industry 1996–2008 During the Roundtable discussion on the financial crisis,1 I noted that it was important to understand finance and the financial industry as a part of legal dis- course and education. This paper is a continuation of that thought. The financial crisis of 2008–2009 was shocking in many ways. For me, a major shock was the sudden collapse of three “bulge bracket” investment banks from the competitive landscape in an industry that was already starting to look like an oligopoly. From time to time, investment banks implode due to poor risk management and/or mal- feasance.
    [Show full text]
  • On the Mechanism of Cdos Behind the Current Financial Crisis and Mathematical Modeling with Lévy Distributions
    Intelligent Information Management, 2010, 2, 149-158 doi:10.4236/iim.2010.22018 Published Online February 2010 (http://www.scirp.org/journal/iim) On the Mechanism of CDOs behind the Current Financial Crisis and Mathematical Modeling with Lévy Distributions Hongwen Du1, Jianglun Wu2, Wei Yang3 1School of Finance and Economics, Hangzhou Dianzi University, Hangzhou, China 2Department of Mathematics, Swansea University, Swansea, UK 3Department of Mathematics, Swansea University, Swansea, UK Email: [email protected], {j.l.wu,mawy}@swansea.ac.uk Abstract This paper aims to reveal the mechanism of Collateralized Debt Obligations (CDOs) and how CDOs extend the current global financial crisis. We first introduce the concept of CDOs and give a brief account of the de- velopment of CDOs. We then explicate the mechanism of CDOs within a concrete example with mortgage deals and we outline the evolution of the current financial crisis. Based on our overview of pricing CDOs in various existing random models, we propose an idea of modeling the random phenomenon with the feature of heavy tail dependence for possible implements towards a new random modeling for CDOs. Keywords: Collateralized Debt Obligations (CDOs), Cashflow CDO, Synthetic CDO, Mechanism, Financial Crisis, Pricing Models, Lévy Stable Distributions Collateralized debt obligations (CDOs) were created in lateralized Bond Obligations, or CBO), loans (Co- 1987 by bankers at Drexel Burnham Lambert Inc. Within llateralized Loan Obligations, or CLO), funds (Coll- 10 years, the CDOs had become a major force in the ateralized Fund Obligations, or CFO), mortgages credit derivatives market, in which the value of a deriva- (Collateralized Mortgage Obligations, or CMO) and oth- tive is “derived” from the value of other assets.
    [Show full text]
  • The Decline of Investment Banking Investment of Decline the , Sept
    27675 mlb_5-1 Sheet No. 41 Side A \\server05\productn\M\MLB\5-1\MLB106.txt unknown Seq: 1 10-FEB-10 8:10 robert j. rhee* The Decline of Investment Banking: Preliminary Thoughts on the Evolution of the Industry 1996–2008 During the Roundtable discussion on the financial crisis,1 I noted that it was important to understand finance and the financial industry as a part of legal dis- course and education. This paper is a continuation of that thought. The financial crisis of 2008–2009 was shocking in many ways. For me, a major shock was the sudden collapse of three “bulge bracket” investment banks from the competitive landscape in an industry that was already starting to look like an oligopoly. From time to time, investment banks implode due to poor risk management and/or mal- feasance. The last such collapses were Drexel Burnham Lambert in the United States in 1990 and Baring Brothers in the U.K. in 1995. These occasional implo- sions are not surprising. But the collapse of Bear Stearns, Lehman Brothers, and Merrill Lynch within a matter of a few months in 2008, resulting in the disappear- ance of a large part of Wall Street as we knew it, was inconceivable. In my prior professional life, I worked on Wall Street and the City (London’s financial sector) as an investment banker from 1996 to 2001.2 This was only a few years before the crisis, and yet the industry that nearly collapsed in 2008 seems very different to me as I update myself on the industry.
    [Show full text]