Bondholder Kenneth Dart, after staying quiet, says he wants full payment—just like Paul Singer
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A federal judge in New York refuses to exterminate an asbestos union's inflatable rat, saying "Scabby the Rat" is covered by the First Amendment
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U.S. consumers are more likely to believe marketing materials that include charts and other scientific-looking things
This year's must-have Silicon Valley office accessory: a $199 bear costume
Spencer Platt/Getty Images
By Ben Levisohn
The Lehman bankruptcy one year ago sent many financial workers into new professions. But it wasn't the beginning of the exodus. The onset of the recession in 2007 started a wave of Wall Street layoffs that saw jobs in finance plummet from 8.4 million in August 2007 to 7.8 million today. With jobs hard to come by, many Wall Street exiles decided to leave finance and look for other opportunities. For a select group, franchising offered the opportunity to start a new business—but not quite from scratch. Here are stories of 11 former finance professionals who have moved on to franchising.