Key New Hires Reshuffle the Industry’s Talent Pools; Goldman Sachs Picks Up Popular’s Subprime Business
September 5, 2008
The continuing turmoil and uncertainty in the mortgage and credit markets have created some key personnel acquisition opportunities for a few shops, while giving another major player the chance to pick up some subprime assets on the cheap to augment its existing servicing platform.This week, Merrill Lynch lured Michael Nierenberg from JPMorgan to head the firm’s global...