ANNE DONNELLON DUN GIFFORD Campbell and Bailyns Boston Office: Managing The Reorganization As he stepped off the elevator onto the 25th grade of the Federal course Office Tower at 7:30 on a December morning, Ken Winston, regional gross revenue film director for the Boston office of Campbell and Bailyn (C & B), bumped into Paul Callahan, the top-grossing salesperson in the office. Callahan, his eyebrow deeply furrowed, was on his way downstairs. Leaving so soon, Cal? joked Winston. I just got off the ph ane with Jim Harrington at Ashland Capital, said Callahan, referring to one of his biggest accounts. He says he wanted to have coffee originally the markets open. He would like to k this instant why I put ont come around as much every more over there. It seems things are more complicated now for them, not less. This was not the first time Winston had heard grumblings lately about some of the changes that had taken place recently in the Boston office. Much of the discontent could no doubt be attributed to a meltdown in the mortgage-backed securities market that had rocked the financial earthly concern for six months nowâ"and pushed C & Bs sales force to the limit.
The international crisis, triggered by the collapse of billions of dollars worth of mortgage-backed securities, had remaining Winstons sales force scrambling to help customers minimize losses on their bond portfolios. But even more unsettling had been the bare-assed sales assignments Winston had announced half way through 2007, which were testing the skillsâ"and patienceâ"of his staff and their customers. Do No As Winston walked across the occupation floor to his glass-walled office, the 16 bond salespeople and 13 support staff he managed were just starting their day, cracking jokes, assessing playoff prospects for New Englands football game team, and predicting interest rate changes at the Federal Reserve. The daily 7:45 a.m. conference call with the New York research and trading team would be starting soon. Pulling a laptop out of his... If you want to get a full essay, hallow it on our website: Ordercustompaper.com
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