Bloomberg News has just published its list of the 50 most influential people in financial markets, which includes politicians, businessmen and central bankers. Hedge fund managers have had a horrible year, which explains why not many of them make the list. However, there are some well-known names of big banks and investment giants, such as Lloyd Blankfein, of Goldman Sachs, and Bill McNabb, of Vanguard Group. It's no surprise that it has created countless imitators, as B school graduates reject Wall Street in favor of Greenwich, Connecticut, home to more than 100 investment funds, including the SAC.
Elegantly dressed and wearing designer sunglasses, she was sitting in her 1983 Chevrolet Camaro in a no-go area across the street from the Marine Midland Bank branch, on lower Broadway. During the New Deal years, as well as in the 1940s, much less attention was paid to Wall Street and finance. In reality, most Wall Street banks weren't around the United States selling unreliable mortgages, but were buying and packaging loans from local firms such as Countrywide Financial and New Century Financial, which hit a financial wall during the crisis. In 1700, a new town hall was built in Wall and Nassau using the stones from the bastions as materials for the foundations.
In the early 19th century, both residences and businesses occupied the area, but businesses increasingly predominated and New York City's financial industry became focused on Wall Street. The financial industry has been slowly migrating from its historic headquarters in the maze of streets surrounding Wall Street to the most spacious and glamorous office towers in midtown Manhattan. Byron Wiener, chief investment strategist at Pequot Capital Management Although guessing is rigor on Wall Street, Wien's predictions are anticipated with the sweaty anguish reserved for rising interest rates. Pedestrians easily slip between groups of them when they head to Wall Street from the area surrounding the historic Trinity Church.
Another key point in the area is the New York Stock Exchange building, on the corner of Broad Street. Pier 11, near the east end of Wall Street, is a busy terminal for New York Waterway, NYC Ferry, New York Water Taxi and SeaStreak. He has represented and advised numerous Wall Street firms, including Goldman Sachs, in their relations with regulators, including the SEC. A number of other stock and commodity exchanges have also been located in downtown Manhattan, near Wall Street, including the New York Mercantile Exchange and other commodity futures exchanges, and the United States Stock Exchange.
On September 16, 1920, near the corner of Wall and Broad Street, the busiest corner of the Financial District and in front of the Morgan Bank offices, a powerful bomb exploded. A list of the most influential people on Wall Street could be mostly Goldman Sachs executives, and that wouldn't be bad.