Reading this on a mobile device? Try our optimized mobile version here:

November 1, 2012
Sign upForwardArchiveAdvertise
Daily newsletter from NYSSA for investment professionals

  Top Story 
  • Former SEC chairman Levitt scrutinizes NYSE closure
    Arthur Levitt, the former chairman of the Securities and Exchange Commission, said NYSE Euronext overreacted when it shut down the markets for as long as it did because of superstorm Sandy. Though New York was battered by a 13-foot storm surge, the trading floor "was not compromised by the flooding," said Duncan Niederauer, CEO of NYSE Euronext. The market's closing, however, was aimed more at employee safety than inability to function. InvestmentNews (free registration) (10/31) LinkedInFacebookTwitterEmail this Story
Why Warmth Is Critical to Your Career
If people think you have low interpersonal warmth, "you have something like a 1-in-2000 chance to make the top quartile of effectiveness as a leader," according to Kellogg School of Management Professor Loran Nordgren. Read more.
  Industry Update 
  • AIG boosts real estate investment to cut Wall Street exposure
    Faced with record low interest rates, American International Group is expanding its direct investment in real estate, the firm's CEO Robert Benmosche said. "You can’t sell the building as easily as you can sell a mortgage-backed security," he said. "But your ability to hold it on your books and hold on through a crisis may actually be better." Bloomberg Businessweek (11/1) LinkedInFacebookTwitterEmail this Story
  • Corporate bond sales surge as investors hunt for returns
    Corporate bond sales this year are near the 2009 record as investors pursue higher returns than seen in government bonds and as companies take advantage of low borrowing costs. "There's a lot of money out there looking for a home. Government bonds give you almost nothing, so you're left with corporate bonds, which give you a little bit more than nothing," said Elisabeth Afseth of Investec Bank. Bloomberg (10/31) LinkedInFacebookTwitterEmail this Story
  • Other News
Secure Cloud Collaboration without Complications
There are plenty of options to consider when it comes to cloud collaboration services, and knowing what to look for can make the difference between getting a secure solution or one that puts your data at risk. Read our whitepaper to get the basics on how to choose the best solution for you.
  New York Focus 
  Career Development 
  • How CEOs weathered the superstorm
    Chief executives were forced to improvise as Sandy lashed the East Coast. Lands' End CEO Edgar Huber converted a room in his mother-in-law's apartment complex into a makeshift corporate headquarters, while Foot Locker chief Ken Hicks kept on working despite power outages at his Manhattan office and home. "You can be reasonably self-sufficient with a cellphone and a lantern," he says. The Wall Street Journal (10/30) LinkedInFacebookTwitterEmail this Story
  On The Economy 
  • Survey: C-level investment professionals lend more weight to election
    Eighty percent of respondents to a recent CFA Institute survey think the outcome of the presidential election will affect the U.S. recovery, while 63% think the election will affect the global economic recovery. Half of all respondents think the impact on the U.S. economic recovery will depend on who wins the election. Meanwhile, 29% think there will be an impact regardless of who wins. The survey also provided some insight into the thinking of members of the C-suite, with 72% of C-level executives thinking the election will affect the global economic recovery, compared to 62% of respondents who hold other titles. SmartBrief/SmartBlog on Finance (10/31) LinkedInFacebookTwitterEmail this Story
  Financial Products 
  • Prudential rolls out high-yield mutual fund
    Prudential Investments introduced a mutual fund targeting investors seeking higher income during a time of historically low interest rates. The Prudential Short Duration High Yield Income Fund buys high-yield bonds, foreign securities, emerging-market securities and securities sold by small- and mid-capitalization issuers. (10/29), Bloomberg (10/31), The Wall Street Journal (10/31) LinkedInFacebookTwitterEmail this Story
  NYSSA News 
  • Advanced Excel for Data Analysis -- IN-PERSON and ONLINE -- Nov. 7
    Any skilled financial analyst on top of his or her game needs to be able to efficiently execute detailed data analysis. This course will teach you advanced Excel tools that will streamline your process and enable you to conduct more in-depth analyses with sophisticated number crunching. LinkedInFacebookTwitterEmail this Story
NYSSA Links ->Home page  |  NYSSA's Blog  |  Programs  |  Corporate Resources  |  Membership

Nature does not equally distribute energy. Some people are born old and tired while others are going strong at 70."
--Dorothy Thompson,
American journalist and radio broadcaster

LinkedInFacebookTwitterEmail this Story

Subscriber Tools
Print friendly format | Web version | Search past news | Archive | Privacy policy

Associate Publisher:  Abiy Bekele 212-450-7919
A powerful website for SmartBrief readers including:
 Recent NYSSA SmartBrief Issues:   Lead Editor:  Bridget Lux
Sales Account Director:  Jasmine Rogers
Mailing Address:
SmartBrief, Inc.®, 555 11th ST NW, Suite 600, Washington, DC 20004
© 1999-2012 SmartBrief, Inc.® Legal Information