Is this trend another sign of the demise of the middle class?
After Bear's demise last March, newly retired CEO Jimmy Cayne blamed Goldman Sachs, among others, for hastening its death.
Ironically, Rubin would go to work for Citigroup and shoulder much of the blame for its demise.
mid-15c., from Middle French demise, fem. past participle of démettre "dismiss, put away," from des- "away" (from Latin dis-) + Middle French mettre "put," from Latin mittere "let go, send" (see mission). Originally "transfer of estate by will," meaning extended 1754 to "death" because that's when this happens.