David Trone
David Trone
global guys half outside profits wherever
These guys are global companies. Goldman has half its revenues come from outside the U.S.. They can find profits wherever they need to.
coming position power recent
Fink is coming from a position of power because of his recent success.
negative product results strength third
On a year-over-year basis, Lehman's results are outstanding, while the negative sequential comparisons are a product of the strength of the 2005 third quarter.
advisory easily estimate firm highest million move places prior quarter revenue
Our estimate of $340 million in advisory revenue easily places the quarter as the highest for the firm post-bubble, and should move 2005 advisory revenues about 28% over the prior year.
thinking
When they say more than half, we're thinking most.
low relatively risk
There are substantial synergies and relatively low integration risk.