New York Times scribe Andrew Ross Sorkin’s much-anticipated book Too Big To Fail may be the closest we’ll ever get to being a fly on the wall during last year’s financial crisis. The book, which is due out on October 20 , has more than its fair share of memorable quotes.

We do deals. Bruce Wasserstein did deals, a lot of them, in a career that’s already being called “legendary.” But for the most part, we didn’t see this “artist” of M&A at work; instead, the Bruce we knew was an enthusiast of the media and for journalism. It’s been said often enough, but Bruce came up with the idea for a national newspaper to cover deals.


 
 Contribution limits for 401(k) plans will remain unchanged next year, the Internal Revenue Service announced today. Leaving the limits at this year’s levels means that 401(k) participants under the age of 50 could contribute a maximum of $16,500; participants aged 50 and above would be able to contribute $22,000. The announcement quieted concerns voiced in the retirement industry earlier this year that contribution limits to 401(k) plans would actually be lowered next year

JPMorgan Chase: $3.6 billion in profits in the last quarter. Goldman Sachs: $3.03 billion.

Imagine being 8 months pregnant, just bought a new home and a husband who worked for Lehman, deciding to leave a “safe” job at IAC to start a business right smack in the middle of the “great recession.” It only makes sense if it is the right business at the right time, and that is Urban Interns . I was very interested in finding out how these Collective-E members went from concept to launch so quickly, and how they are differentiating themselves in the marketplace.


 
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 The SEC’s warning to the Charles Schwab Corp. that it could face civil charges over two fixed-income mutual funds may have a direct effect on current and looming legal actions from investors over losses suffered in the funds. 
 
 
 
 Perhaps most significantly, industry analysts and attorneys said the SEC’s Wells notice could paint Schwab into a corner in the class action now in litigation over the two funds, YieldPlus Fund and Total Bond Market Fund.