Having already admitted to killing her Merrill Lynch banker husband, Robert, Mrs Nancy Kissel faces another day of adversarial questioning by the prosecution. As a result, much more of Mrs Kissel's earlier testimony is rapidly crumbling.
Post Scriptum. How financial institutions and some of their employees make humongous amounts of money in and from capitalism: Kissel was a vice president in Goldman's Asian special situations group, helping the firm become one of the biggest investors in bad debt in the region. Merrill Lynch then hired Kissel from Goldman Sachs Group Inc. in 2000 to head its distressed assets business in Asia outside Japan.
Arcane financial dealings, eh? I am probably wrong, but that job description reminds me of something Woody Guthrie said: some folks steal with a gun, some steal with a fountain pen.
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