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2004

University of Massachusetts Boston

Global Financial Service

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U. S. Competitiveness In The Global Financial Services Industry, Lawrence G. Franko Oct 2004

U. S. Competitiveness In The Global Financial Services Industry, Lawrence G. Franko

Financial Services Forum Publications

The World Trade Center Towers: they were the headquarters of Morgan Stanley, one of the world’s leading investment banks, and of Cantor Fitzgerald, the world’s leading trader of U.S. government bonds. They were also the work location of 9,000 Merrill Lynch employees. The Citicorp Building. The Prudential Tower. The New York Stock Exchange. These actual and recently uncovered potential terrorist targets in the United States are financial services companies and organizations. Add to them the threats to the World Bank and the International Monetary Fund, and one could conclude that seven out of ten terrorists prefer financial services.

This focus …