Since the Lehman collapse, former CEO Richard Fuld has been largely out of the public eye, although he has been spotted at “power lunch” restaurants in New York and was interviewed by a Reuters reporter in remote Ketchum, Idaho.
Read more on the rising sea levels here.
Looking for a sign the economy is turning around, investors keenly await the jobs number for August.
(Linda Stern is a freelance writer. Any opinions in the column are hers. You can follow Linda Stern’s financial notes on Twitter at http://www.twitter.com/lindastern )
Back-to-school sales, weekly jobless data, and an ECB interest rate decision are among the highlights expected on Thursday.
At least 20 of the 30 biggest hedge funds boosted their positions in financial institutions in the last quarter, a sign that Wall Street is ready to bet on more risky sectors in the hope of longer-term rewards.
Ahead of Friday’s employment report investors will look to the ADP survey and Challenger report, as well as the FOMC minutes, for direction.