The News: Cutting Back in the Midwest

Chicago massacre of banking titans [Financial Times]

Several Wall Street institutions are said to be reducing their footprint in Chicago, shedding both rank-and-file staff and their top managers for the region.

Banker, broker, soldier, spy [Breakingviews.com]

Rating the possible successors for Morgan Stanley CEO John Mack, who turns 65 in November.

At Geithner's Treasury, Key Decisions on Hold [Washington Post]

Important unresolved questions are piling up in part because of vacancies in the department's top ranks.

DLA Piper Cuts Associate Pay [AmLaw Daily]

How to Master the Art of Executive Interviewing [The Wall Street Journal]

People:

JonesTrading Hires High End Derivatives Team [Jones Trading, via PRNewswire]

Michael A. DiGregorio Joins Korn/Ferry as Chief Financial Officer [Korn/Ferry International, via PRNewswire]