Barclays’s purchase of Lehman Brothers Holdings’ brokerage in the falling markets of September 2008 occurred in “the riskiest week of my life,” the UK bank’s chief executive said. “Markets were collapsing,” Barclays group chief executive John Varley told a federal judge today in Manhattan. “We needed to ensure there was a buffer between assets and liabilities. We needed to be able to look regulators in the eye and say the deal would be capital accretive.”
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Some housing pundits report the demand for housing is strong, while these same pundits, on another day say that we are in a housing affordability crisis. Can the two narratives be accurate at the same time?
Fortune Magazine and Great Place to Work this week announced the winners of its 2020 Best Companies to Work For list, ranking America’s best workplace environments for large companies. And multiple industry titans in the housing space made the list.