Feldstein Sees Greece Euro-Exit Pressure as Government Deficit Plan Fails Harvard University Professor Martin Feldstein, who warned almost two decades ago that the euro would prove an “economic liability,” said Greece’s austerity plan will fail and the country may quit the single currency to fix its fiscal crisis.

Jones Lang Lures Rival CB Richard Ellis Team for Investment Banking Unit Jones Lang LaSalle Inc., the commercial property broker that earned $203 million in 2009 selling real estate and arranging financing for transactions, hired three mortgage brokers from rival CB Richard Ellis Group Inc. as it prepares for U.S. property sales to rebound.

Nomura's Sayeed, Architect of Lehman Purchase, to Leave Japanese Brokerage Nomura Holdings Inc. said Sadeq Sayeed, who engineered the bank’s purchase of Lehman Brothers Holdings Inc.’s European unit 18 months ago, will step down.