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.
St. Louis has a 2014 population estimated at 317,000 in the city limits, but the Greater St. Louis area is the 19th largest metro area in the US with a population of 2.85 million. St. Louis enjoyed its highest population during the 1950's, when it was home to 857,000 people and ranked 8th in the country. The city was still the largest in Missouri in 1980, but it has since been dwarved by Kansas City.