Having acquired a stake in BlackRock when it took over Merrill Lynch last autumn, Bank of America has put Columbia management, its asset-management arm, up for sale.

美国银行由于去年秋天收购美林证券时获得了贝莱德的股份，他现在也将其资产管理部门Columbia Management进行出售。

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Eric Abrahamson, a professor of management at Columbia Business School, said though busywork has no inherent productivity value, "it may have an individual value for the person who is doing it."

哥伦比亚大学商学院企业管理学教授埃里克·亚伯拉罕森(Eric Abrahamson)说，尽管做无用功本身不会创造什么价值，但它会给劳动者带来个体价值。

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Eric Abrahamson, Professor of Management at Columbia Business School and author of a new book a Perfect Mess, says: "There is a sweet spot between complete order and complete disorder."

哥伦比亚商学院(Columbia Business School)管理学教授埃里克·亚伯拉罕森(Eric Abrahamson)表示：“在完全有序与完全无序之间存在一个最佳平衡点。”

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Zach Pandl, an economist at Columbia Management, an investment firm, said the survey's rosier tone is probably one reason that several Fed policymakers have recently expressed optimism despite sluggish economic data.

WSJ: Fed survey: Housing and auto sales lift US economy

Bank of America used its January acquisition of Merrill Lynch as an excuse to comb through its operations for businesses to exit, and now it finally has a buyer for part of its Columbia Management fund group.

FORBES: Fund Sale A Good Deal For BofA

In 1982, Gelb joined Columbia Artists Management Inc.

NEWYORKER: Man Behind the Curtain