Word: bankers
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...lower rate of return." Those concerns may be overwrought. To acquire Unocal, CNOOC (whose market capitalization is about $22 billion) would have to offer more than $17 billion, plus pay the $500 million breakup fee Chevron booby-trapped to its Unocal bid. "It's all about money," says a banker close to CNOOC. "Nothing else...
Underneath the polish, however, Zielinski has his insecurities about where he came from and where he's headed. He came to West Point as a rebel. Growing up among the preppies of Fairfield, Conn., the brother of a Princeton-grad investment banker and a son of a media executive, he was drawn to military life because he wanted something more than just a good job. He originally had his heart set on going into the Navy to become a fighter pilot, but when he visited West Point, he fell in love with its emphasis on the basic relationship of leader...
...will go our separate ways—a bunch to New York, some to Boston and D.C., and even a couple to England. (I know, it’s not a terribly diverse group.) We will work 9 to 5, or, in the case of the i-banker, 9 to forever. We will try to see each other on weekends and keep in touch by phone and e-mail. But, it will not be the same as walking downstairs and asking your best friend if he wants to put on some sandals and grab some lunch in Dunster d-hall...
...they've ever imagined," says Leslie Marks, executive director of the National Association of Home Builders. In the past five years alone, the number of home buyers 50 and over making purchases of $500,000 or more has doubled, estimates Jim Gillespie, president and chief executive officer of Coldwell Banker Real Estate Corp., which is based in Parsippany, N.J., and has 3,200 offices domestically. Says Troy Campa, principal of Newberry Campa Architects LLC in Houston: "Just a few years ago, we didn't really see anyone in this age group buying large custom homes. Now that number is about...
...CHARGED. GIUSEPPE (PIPPO) CALO, 73, FLAVIO CARBONI, MANUELA KLEINSZIG and ERNESTO DIOTALLEVI, with the 1982 murder of Banco Ambrosio chief Roberto Calvi; in Rome. Calvi, known as "God's banker" because of his close ties with the Vatican, traveled to London when his bank was near collapse and was found hanging under Blackfriars Bridge in London, his pockets stuffed with bricks, rocks, a false passport and several thousand dollars in cash. A London coroner originally ruled the death a suicide, but in 2003, Italian prosecutors issued a report concluding that Calvi had been murdered by the Mafia...