Dayamn - Benmosche Says He Wants Wall Street IPO Underwriting Fees Cut by 50%

[ByLoSellHi]

This is a great indicator of weakness, when someone such as Benmosche publicly announces underwriting fees should be cut in half. These endeavors are a hugely and fatly profitable line of work for the big boys.

http://www.bloomberg.com/apps/news?pid=20601109&sid=anJxfV42kTdo

 

[brocklanders]

This guy is good. He sure doesn't start a new job quietly. Give those bankers/lawyers the middle finger /check/... then take a vacation.../check/ then talk smack to NY AG.../check/ he's only been at AIG officially for two days but he's ok in my book.