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The others were Russian sales traders on the equities desk: Dina Maksutova and Georgiy Buznik.
Living in Princeton, N.J., and working at Cantor Fitzgerald on the equities desk, Mr. Reisman, 41, was the perfect suburban daddy, his wife said.
Margins on the debt side of investment banking have generally held up much better than they have on the equities side mainly because debt markets are vastly more complicated.
Lehman was a strong bond house, and many of the former Lehman people at Nomura are on the fixed income side, whereas the new staff on the equities side of the firm come more from all over Wall Street.
On the equities side, Goldman braces for the day when brokers' spreads all but disappear.
"I think it'll have a positive effect on the equities market and attracting foreign investors into Saudi Arabia".
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Yet focusing on the equity premium can still be useful.
The fund initially got off to a slow start on the equity side.
‡ "Junior Can't Borrow: A New Perspective on the Equity Premium Puzzle".
Previously Mr. Benedict worked for Mr. Kelleher on the equity syndicate desk.
"The screamers are on the equity side, but they have no economic standing.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com