The News: BofA's Retention Plans Hold
And now... Financial Bailout Chapter Two
U.S. Plots New Phase in Banking Bailout [WSJ]
Britain Announces New Bank Bailout [NY Times]
And...
Bailout or no, BofA's brokers will still get their retention bonuses [InvestmentNews]
SEC nominee Schapiro will bulk up enforcement, but slow down IFRS [Journal of Accountancy]
Past performance makes wealthy investors skittish about hedge funds [Hedge World]
PrinceGoldsmith co-founder (Goldsmith) is starting his own recruiting firm [NY Times]
Co-President Singer leaves Ivy Asset Management; Island Brook's Fred Sloan moves into investment officer's chair [NY Times]
In case you hadn't figured this out: A number of banks will fail in 2009 [Jones Day]
