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I was actually running the InvestmentBanking Club at BYU, and you know, thought I was interested in that, interested in going to Wall Street. And so we are very, very focused on making our boards the center of vision and strategy and accountability. I was tentatively committed to go to Lehman Brothers.
I wanted to see the world, and whether it was investmentbanking, or basket weaving really had absolutely no bearing on my decision. What accounts for the difference between the two in your experience working on the trading desk? I wanted a job that would take me away from Paris.
So that was a while back, but nonetheless, I don’t know if it was love at first sight, but we got to get along pretty well, and after a few years working for investmentbanks, he then joined Goldman Sachs. I joined, effectively, Deutsche Bank. We decided to try to have a go on our own. We were 28, 30 respectively.
Excluding the prior year's net investment securities losses, it was up 21%, largely on higher asset management fees and investmentbankingfees. In CCB, we had a record number of first-time investors and acquired nearly 10 million new card accounts. Next, the commercial and investmentbank on Page 6.
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