NEW JERSEY (OCN) — Is Deutsche Bank worried about Thacher Proffitt?
Well, sources has it that Deutsche Bank has been keeping a close eye on the white-shoe law firm.
What they (Deutsche Bank) aren’t worried about now is money as they rejected funds from a 500 billion euro bank bailout package approved by the German government back in October 2008.
Thacher Proffitt on the other hand has to worry about finding tenants to sublease office space at Two World Financial Center. One less trouble is maintaining the White Plains office whch closed around October 2008.
It will be interesting to see in 40 years (TP&W 200th anniversary) how the firm tries to keeps its dominance in the law community.