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...make the cut in Goldman's famously exhaustive recruitment process (or at the other two firms either). "It wasn't a nutty decision. I was a lawyer," he says. "I didn't have a finance background." Instead, in 1982 he landed a job as a gold salesman for J. Aron & Co., an obscure commodities firm that Goldman had purchased in November 1981 for about $100 million. According to the Wall Street Journal, when Blankfein told his then fiancée Laura - now his wife and the mother of their three children, one of whom is at Harvard - that he was leaving...

Author: /time Magazine | Title: The Rage Over Goldman Sachs | 8/31/2009 | See Source »

Over time, Blankfein became a major part of J. Aron's success. But at first, he says, he was not very good at the job. "I had trouble with the language, with the speed and the pacing." Soon enough, though, he designed a lucrative $100 million trade - then the largest of its kind Goldman had ever handled - for a Muslim client to comply with the religion's rules against receiving interest payments. In 1984, Goldman partner and J. Aron chief Mark Winkelman put Blankfein in charge of a group of foreign-exchange salesmen and later in charge of all foreign...

Author: /time Magazine | Title: The Rage Over Goldman Sachs | 8/31/2009 | See Source »

...wake of Winkelman's departure from the firm after he'd been passed over for the top job at Goldman in favor of Jon Corzine (now governor of New Jersey), Blankfein was selected to run J. Aron. His appetite for risk quickly surfaced. In 1995 he chided his fellow partners for being too risk-averse and promptly left a conference room where they were meeting to place a multimillion-dollar bet with the firm's money that the dollar would rise against the yen. Blankfein's bet - one of his favorites - paid off, and he impressed his partners...

Author: /time Magazine | Title: The Rage Over Goldman Sachs | 8/31/2009 | See Source »

...conservatives need a leader, someone who can fortify common ground—fiscal prudence—and navigate disputed territory—foreign policy and social issues. “There’s no counterweight to these socialists,” said David Aron, a 25-year-old from Hamden, Conn. But who will that counterweight be? “I’m excited about Palin, Romney…” Melissa Welsh, an onlooker, told me, her voice trailing off as she hit the bottom of a short list. Conservatives shouldn’t write...

Author: By Brian J. Bolduc | Title: The Hartford Tea Party | 7/8/2009 | See Source »

...fact, a new study suggests that the less time older people spend engaged in social activity, the faster their motor function tends to decline. "Everybody in their 60s, 70s and 80s is walking more slowly than they did when they were 25," says Dr. Aron Buchman, a neurologist at the Rush University Medical Center in Chicago and lead author of the study, which was published in the June 22 issue of the Archives of Internal Medicine. "Our study shows the connection between social activity and motor function - and opens up a whole new universe of how we might intervene...

Author: /time Magazine | Title: In Old Age, Friends Can Keep You Young. Really | 6/24/2009 | See Source »

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