Word: banker
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Dates: during 2000-2009
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...whatever the cause, the tragedy has thrust Lechuza's obscure but powerful owner, multi-millionaire Venezuelan banker and polo fanatic Victor Vargas, into the spotlight he usually avoids. In fact, since the beginning of the week, Vargas has not been seen at the Palm Beach Polo Club in Wellington; newspaper reports in the Palm Beach Post and other South Florida media say he's either holed up in the $70 million Palm Beach mansion he purchased last year - one of six homes he owns in Venezuela, the Caribbean, the U.S. and Europe - or has flown overseas...
...long denied the accusation, insisting he's not part of the "boli-bourgeoisie" (named for Chávez's Bolivarian Revolution) that got rich cozying up to Chávez while oil prices skyrocketed in recent years. He and his friends say instead that he's simply a banker Chávez officials have found trustworthy, a man who can deal in capitalist circles but who funds three foundations for the poor and deep down sympathizes with the revolution's social agenda...
...Doug Elliott, a former investment banker and fellow at the Brookings Institution, says that he thinks releasing the results of the bank stress tests is the right move. "For the test to instill any additional confidence we are going to need to know the results," he says. "It is going to be very hard for these companies to raise additional capital on their own. So whatever funds they need are going to come from the taxpayer. So we should know how much that is and who it is going...
...Considered one of the most successful young reporters in the business, Rattner nonetheless left the profession in 1982 to become an investment banker. He worked at Lehman Brothers, Morgan Stanley and eventually Lazard Freres, where he served as deputy chairman...
...decided that rather than covering the players, he wanted to be a player." Kathy Slobogin, formerly a New York Times colleague of Rattner's, on why he left the news business to be an investment banker, (Newsweek...