The remaining investment banks will trim their budgets by between 2% and 3%, Iati predicts.
"I really thought we had the momentum but credit Iati for making two big shots, " Carissimo said.
Jacob Iati hit a pair of 3-point shots in the final three minutes to seal the win.
Iati hit both ends of a 1-and-1 foul situation to give Albany a 51-47 lead with 20 seconds left.
"I was just looking for an opportunity because I don't care that much about scoring, " said Iati, who averaged 12.2 points this season.
Albany guard Jacob Iati found his shooting touch against Vermont late in the game to carry the Great Danes into the NCAA tournament.
But it is Iati, who followed his older brother, John, to Albany, who will be in the spotlight as the team prepares for the NCAA tournament.
But Iati hit a 3-point shot from the wing and, after a UVM turnover, hit another 3-pointer to push Albany on top 49-45 with 1:35 left.
That changed Saturday when Iati hit two 3-pointers in the closing minutes to lift the Great Danes into the NCAA field for the first time since 2007.
"It's not easy for a young compliance officer to take on a star broker or banker, " says Robert Iati, a research director at TowerGroup, a technology research firm.
After a Vermont turnover, Iati nailed another long shot that provided the Great Danes enough cushion to deny No. 2 seed Vermont its sixth NCAA berth in 11 years.
Robert Iati of TowerGroup, a firm of consultants, points out that broking firms, for example, use information from a wide variety of sources, trading and payment systems, geographical locations and business units.
That changed Saturday when Iati hit two 3-pointers in the closing minutes to lift the Great Danes to a 53-49 victory and into the NCAA field for the first time since 2007.
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