Answer: we have no idea. But we do know that Josh Weintraub -- the Bear Stearns expat recently appointed to the board of directors at troubled lender Residential Capital LLC -- has one hell of a right hook.
Apparently, at some point in the past, Weintraub got in the ring (for charity, natch) with Shane Kinahan at Goldman Sachs. And Weintraub kicked some serious Goldman tail, to some strong profanity and chants of "Bear Stearns" from the raucous crowd.
Something tells us Goldman's laughing now. But we digress. This video is priceless - and we thought it was a fitting introduction of ResCap's newest board member, given that the company he's now helping direct is in for the fight of its life.
Articles written by HousingWire Staff are non-bylined, and typically involve press release coverage and aggregation of coverage appearing elsewhere. So who put all these together? Our entire staff does!
Eight years after we began recognizing women for their influential work in the expanding housing and mortgage finance ecosystem, a traditionally male-dominated field, our Women of Influence list is bigger and better than ever! This year, we honor 85 women who are making lasting achievements in each sector of the housing economy. Read on to learn more about these accomplished women and the strides they are making in their industry segments.
The financial world at large is experimenting with changing its workforce culture in ways not fathomable 10 years ago. For example, in 2011, the dress code for female workers at UBS came to light with unflattering results. In it, the Swiss bank instructed female employees on not just how to dress and how to smell, but also preached the importance for ladies to apply lotion after taking showers. Fast forward to today and fellow Swiss bank, Credit Suisse has now created an official role to boost equal opportunities and create a fair treatment environment. Has the American mortgage industry made similar progress?
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