The cowboy financiers

Article Abstract:

The cities of New York, NY, and Chicago, IL, are losing their dominance as international financial centers. The high cost of operating a business in New York has driven away many companies. The New York Stock Exchange and the futures business in Chicago are losing market share to off-market trading.

Stock-exchange, Stock exchanges, New York, New York, New York, Chicago, Illinois

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The would-be king of credit ratings: financiers

Article Abstract:

The publisher of 'Revue des Deux Mondes,' an intellectual periodical of France, is also a quiet, but major, playe rin the financial world. Fimalac's IBCA is looking into buying US company Fitch Investors Service. Lacharriere's career is profiled.

Mergers, acquisitions and divestments, Biography, Credit bureaus, Fitch Investors Service L.P., Fimalac S.A., Lacharriere, Marc Ladreit de, IBCA

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Cowboy socialists

Article Abstract:

Pres Clinton is proposing a drastic reduction in subsidies to land development, as part of his program to reduce the deficit. The measure would encourage corporations and entrepreneurs on public lands to run businesses more efficiently.

Clinton, Bill, Economic policy, Public lands

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