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This is an old revision of this page, as edited by 68.173.2.68 (talk) at 01:37, 5 October 2008 (→‎no mention of John Gutfreund's admittance of involvement in treasury bond scandal and Buffet as interim chair: new section). The present address (URL) is a permanent link to this revision, which may differ significantly from the current revision.

Why did Salomon Brothers collapse in just 1 week?

I think the reason of Salomon Brothers's collapses is very important topic.

This is a company, which ever passed the great depression, but why it finished by sub prime mortgage crisis? Many people should be confused as me. —Preceding unsigned comment added by 202.147.35.104 (talk) 06:30, 24 September 2008 (UTC)[reply]


Liar's Poker

To get an insight into the the Salomon Bros. I recommend the readers to read Liar's Poker by Micheal Lewis, where he shartes his experince woking with the company in 80s.

Yes, this is very true and I have inserted a section into the article describing this non-fiction semi-autobiographical book in more detail. Ivankinsman (talk) 11:08, 11 December 2007 (UTC)[reply]
The section on Liar's Poker reads like it was written by a 12 year-old. Bad summary, inconsistent tenses, weak structure. FYI. —Preceding unsigned comment added by 69.181.237.61 (talk) 09:04, 15 December 2007 (UTC)[reply]

Cul-de-sac redirection

7 World Trade Center is also called the Salomon Brothers Building and is often referred to as such in the media. Yet, Salomon Brothers Building redirects to this article about the Salomon Brothers instead of 7 WTC. In this article there is no mention of the World Trade Center or 7 WTC. 87.234.117.192 (talk) 17:45, 29 January 2008 (UTC)[reply]

I've found out how to fix this and did. 87.234.117.192 (talk) 00:02, 30 January 2008 (UTC)[reply]

article virtually silent on years 1910-1990

also, seemingly passing mention of Salomon dominance (along with NYC-based boutique firm, Lepercq, de Neuflize & Co. Incorporated) in creating the first mortgage-backed security (public or private). For some years from the mid 1970s into the 1980s (until about 1985?), these two firms were virtually the only players in the nascent MBS market. almost all were private placements mostly to state pension funds (public employees, teachers, etc.)...primarly through "GNMA pass-through certificates" (sale of assets) and "pay-through bonds" (debt offerings by thrifts (S&Ls and savings banks); home builders; and mortgage bankers). all this was prior to the explosion of the MBS (and CMO and CDO and other asset-backed securities) market that is well known today. —Preceding unsigned comment added by 68.173.2.68 (talk) 01:32, 5 October 2008 (UTC)[reply]

no mention of John Gutfreund's admittance of involvement in treasury bond scandal and Buffet as interim chair

http://findarticles.com/p/articles/mi_hb5037/is_199108/ai_n18310774 - site provides teaser to 1991 article in the economist - "A STRANGE blend of alarm mixed with hope prevails at 7 World Trade Center as Salomon Brothers struggles to survive the biggest crisis in its 81-year history. The chairman (John Gutfreund), president (Thomas Strauss) and vice-chairman (John Meriwether), who admitted on August 14th to having sat on evidence of fiddling in the firm's Treasury-bond department, have resigned. Two others have been fired.

"A new chairman and chief executive, Warren Buffett, Salomon's largest private shareholder, has swept in from the plains, vowing that he will leave as soon as he has swept out the ..."