A Courageous Move – Editor’s Choice

Leave it to Mark Friedman and Mark Whatley to be countercyclical. During a year when most employees of financial institutions clung to their jobs with the grip of a shipwrecked sailor clinging to a piece of flotsam, Friedman and Whatley left the Merrill Lynch Mothership and decided to try their hand at something a bit more entrepreneurial when they joined their former colleague George Ackert at Evercore Partners. For those of you who don’t know Evercore, it is best known for its leading Merger Advisory and Restructuring Practice involving high profile deals such as the sale of Burlington Northern to Berkshire Hathaway and the restructurings of General Motors, CIT, and MGM Mirage.

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