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10. Goldman Sachs is cutting back on its sides of fries. That is, to cut costs in these trying times, the bank has reduced its dinner allowance from $25 to $20. &lt;p&gt;9. Lehman bigwigs are still on top at Barclays&amp;#8212;the bank unveils its groups&#39; new heads and most bios contain the words Lehman Brothers. &lt;p&gt;8. Despite getting hammered this year, taking billions in write-downs, UBS says its model is a winner. Who knew? &lt;p&gt;7. Wells Fargo, the soon to be parent of a bank called Wachovia, reports a tough third quarter (profit fell 25 percent), sending its shares down ever so slightly, making a minor dent in the pocket of its largest shareholder, Mr. Warren Buffett. &lt;p&gt;6. JPMorgan Chase had good news and bad news. The good news was its third quarter earnings were above zero. The bad news was&amp;nbsp;earnings fell 84 percent versus last year. In other JPMorgan news, CEO Jamie Dimon said this&amp;nbsp;about yesterday&amp;#8217;s (forced) bailout initiative: &amp;#8220;We hope it will work.&amp;#8221; (We are glad to hear it, Jamie.) &lt;p&gt;5. Stop the insanity! Or at least the spending, says New York Attorney General Andrew M. Cuomo in a letter to AIG. &lt;p&gt;4. Whew, that was a close one: looks like CEOs&amp;#8217; fat paychecks will not be affected, after all, even after nine chiefs signed a sheet of paper last night agreeing that executive compensation will be curtailed at their firms. (Apparently, the phrasing of that document is just a little bit vague &amp;#8230; can you say &lt;em&gt;window dressing&lt;/em&gt;?) &lt;p&gt;3. The &lt;em&gt;Times&lt;/em&gt; unveils the drama behind yesterday&amp;#8217;s bailout, and apparently, Hank Paulson gave the CEOs of the largest recipients of the $250 billion capital infusion an option: My way or the highway. &lt;p&gt;2. Do-w! Another several-hundred point plummet for the granddaddy of all indices. Hey, wasn&amp;#8217;t there some big capital infusion thing announced last night? I guess retail sales&amp;nbsp;figures trump the Fed&amp;#8217;s plans. &lt;p&gt;1. McCain&amp;#8217;s Last Stand: during the third and final presidential debate, expect plenty of &amp;#8220;and this, my friends, is why my economic plan will work&amp;#8221; beginning at 9 p.m. EST, from the campus of New York&amp;#8217;s Hofstra University.&lt;/p&gt;

Derek Loosvelt

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Investment Banking Internships for Summer 2027 Are Open: How, When, and Where to Apply

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