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McGladrey Capital Markets

CIT Investment Banking Services

 
 
 

Wall Street Coming to Main Street?

Robert Cohen, president of Cohen's Fashion Optical Inc., got a call from someone at Deutsche Bank's U.S. arm. The Frankfurt-based giant—best known for financing such multibillion-dollar buyouts as Hilton Hotels and First Data—thought it could find a buyer for the company if Mr. Cohen was interested in selling.

“I was surprised to hear from Deutsche Bank,” Mr. Cohen says. “Normally, I think they look for much larger clients.”

How the mighty have fallen....

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