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Wall Street Sets Up Shop in DC

Firms descend on Washington to work on the bailout

By Matt Cantor, Newser Staff

Posted Nov 8, 2008 11:59 AM CST

(Newser) – With Washington the focal point of the financial crisis, consulting, real estate, and legal firms are moving from New York to DC, the Washington Post reports. Financial firms see vast opportunities to advise DC companies on the bailout bill and fight for Treasury contracts. Why... Read full story »

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Wall Street Sets Up Shop in DC

Firms descend on Washington to work on the bailout

Wall Street • relocation • consulting • Washington, DC • bailout • financial crisis

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More Newser Stories

Dems May Cave on Consumer Agency

Proving they serve banks, not families, says Elizabeth Warren

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High-risk model hasn't changed, could lead to new crisis, says Reich

Wall St. Looks to Skirt Bonus Limits With Padded Salaries

Attempt to skirt new rules could anger shareholders

Skirting Pay Cap Will Be a Piece of Cake

Obama proposal leaves wiggle room, and Wall St. usually good at finding it

Feds Let Lehman Fail—Then Loaned It $138B Anyway

Paulson & Co. say cash was to 'facilitate orderly wind-down' of trades, but questions persist

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