Strategist offered partnership

Article Abstract:

Goldman Sachs, the last of the major investment banking partnership, has offered strategist Abby Joseph Cohen to become an exclusive partner. Goldman Sachs offered partnerships to 57 people, including Cohen, giving the company a total of 245 partners. The partnership offer finally makes Cohen, who went to work for Goldman Sachs after the 1990 collapse of her former employer, Drexel Burnham Lambert, a full-fledged, prominent figure on Wall Street. People outside Goldman Sachs regarded the offer as long overdue for Cohen, who was not offered a partnership the last time new partnerships were offered, which was in 1996.

Comment:

Offers strategist Abby Joseph Cohen to become an exclusive partner

Securities Dealers, Investment Banking and Securities Dealing, Analytic staff changes & profiles, Goldman Sachs and Co., Article

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Verizon reaches tentative deals with 2 of 3 unions

Article Abstract:

Verizon Communications has reached a tentative agreement with the International Brotherhood of Electrical Workers and one of two bargaining units for the Communications Workers of America. The tentative agreements cover 50,000 of Verizon's workers. The agreements, if ratified by the unions, would replace contracts that expired on Aug 6. The contracts would provide a 12% increase in wages over the three-year contracts and improve benefits and job security.

Telecommunications, Personnel administration, Verizon Communications Inc.

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