Around a third of assets and 40% of revenues have disappeared, according to Denis Bastin of Oliver Wyman, a consulting firm. Bob Doll, BlackRock's vice-chairman, has estimated that as many as half the world's asset managers are breaking even at best. BGI is among the more successful ones.
St. Joseph had in 1900 the (inflated) census population of 100,000. The city had been promoted âback eastâ by St. Joseph jobbers and warehousemen as the point of departure for the 1849 California Gold Rush--and that publicity and the 1860 Pony Express gave a national exposure to Missouriâs third largest city.
The city of St. Louis, hoping to see a population turnaround after nearly six decades of decline, fell to its lowest level in more than 100 years. The new population numbers from the Census Bureau show the city at 319,000, down 8 percent from 2000. Population estimates had the city closer to 355,000. As well, St. Louis County dropped, by 2 percent, taking its population to below 1 million people. This is absolutely bad news.