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Lucent had five retirees for every worker, putting it in the same club as automakers and companies steel. Greenberg wasted no time in making it clear who was going to be taking the lead.
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In fact, the New World combined two diametrically opposed realities. For the 500 of 850 universities whose endowment was less than $100 million, the average return was 6.
Just that morning Fuld had attended a contentious meeting in downtown Manhattan with Tim Geithner at the New York Fed, imploring him to do something about the short-sellers, who he was convinced were just catching breath their. Among them are the rise of alternative currencies and of virtual or digital currencies such as bitcoin.
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