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Vault Message Board: Investment Banking

Topic Name: US Bancorp Libra
Message Name: Libra
Date Posted: 05/07/2000
In Reply To: I mean, maybe I am confused, buy everyone says how great DLJ LA is, and they are high yield right? So if you're going to be in high yield is Libra an okay firm to be at?
Message: I thought Libra was a Mezz shop. Now, if that's true, Mezz is a pretty dead arena. Too much equity running around for the Mezz players to extract their pound of flesh while demanding ratios that were applicable in 1985. Also, USB's ibanking occurs in USB Piper Jaffray, up in Moneyapolis.

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