UBS, which is among the banks most battered by the credit crunch, said today that it would separate its flailing investment bank from its lucrative business of managing money for rich people, and, adding in its asset management arm, now exist as three autonomous divisions. Writing down more than $42 billion in assets over the [...]
This morning The Daily Deal told me that Wallstrip has a little West Coast competition. I don’t know if I’d go that far. Jesse Draper, recent UCLA theater grad, cable TV actress, and, oh yeah, daughter of venture capitalist Tim Draper (see, for context: Hotmail, Skype, Baidu), is Valley Girl (original and timely), a big-smiled, [...]
