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Both decisions reinforce trends that have been changing Wall Street in recent years: the switch from physical to electronic markets and the dispersal of operations away from lower Manhattan into the suburban areas of the greater New York metropolis and beyond.
FORBES: Briefing Book: Howard Lutnick
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He says the reason pensions are underfunded is Wall Street convinced pensions to make a historic switch from bonds to stocks.
FORBES: Lerach Blames Pension Woes On Pay-To-Play -- Theirs, Not His
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Wall Street worries that ever more copper-wire customers will quit and switch to cellular, with its expensive transmission towers and subsidized handsets.
FORBES: Whitacre's Way
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Now that Morgan Stanley and Goldman Sachs, the last two remaining big independent Wall Street firms, have converted to bank holding companies, a legal switch that placed them under the regulatory authority of the Federal Reserve, Mack insists that proper supervision is in place.
NEWYORKER: What Good Is Wall Street?
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If 10% of these patients switch to Tysabri, it would mean an additional 30, 000 MS patients that Wall Street is not counting on.
FORBES: Loving Elan's Latest Comeback
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And there's been plenty of time for his curiosity to evolve: WALL-E has been alone on Earth for seven centuries, ever since the last humans left and neglected to switch him off.
WSJ: 'WALL-E' Is Richly Human Tale of a Robot