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Headline: Identity crisis hits party-crashing dealers Source: Euromoney Date: January 2001 Author: Felix Salmon Glenn Grossman doesn’t have a lot of good words for banking consolidation. “Each year the party gets better and attendance improves, and each year we raise less money,” he says. Grossman founded New York’s annual Emerging Markets Benefit for Children’s Charities after attending a similar ball in London. From his position as an executive at Cantor Fitzgerald, he persuaded six banks to pony up $50,000 each as underwriters, and another four to part with $25,000 as sponsors. |
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