Word: bankers
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...military commander who ruled Syria for 30 years until his death in 2000. Bashar's humble ambition was to leave politics to others in the clan and become a doctor. In the early '90s he went to London to study ophthalmology. There he courted his wife Asma, a young banker of Syrian origin who is fluent in four languages. When the gangly young man, now 37, rose to power three years ago, many hoped that an era of modernization, freedom, perhaps even peace was at hand...
...makes them hostile to any effort in Washington to balance U.S. foreign policy between support for Israel and recognition of Arab interests. Gingrich and his pals in and around the Pentagon, like Richard Perle, Douglas Feith and Paul Wolfowitz want to turn Iraq over to Ahmad Chalabi, the exiled banker (or swindler, according to the Jordanian courts) whom they have cultivated in their own image as a leader that would toe the U.S. line and embrace Israel. The crime of the "Arabists" has been to warn that a figure like Chalabi is likely to draw more opposition than support among...
Looking back now, we recognize that Netscape was simply the blueprint, the unchoreographed start of what would become the greatest bull-market show in history. Taken to market by Frank Quattrone, the now fallen investment banker who would turn Silicon Valley greener than irrigation made the San Joaquin; nurtured by analyst Mary Meeker at Morgan Stanley, who would later admit that she was "trying to value companies without any historical valuation tools or rules;" and overfed by hyped-up traders who could buy stock online using their Netscape browser, this deal changed everything. We began to classify every company...
...next 100 Netlike deals could work, and the next 200, because the online economy would have to supplant the off-line economy. Dotcom alchemy had begun. Trillions of dollars in losses later, we now know what hit us: a mania that eventually destroyed the bull market itself. The banker perpetrators are now being pursued by the authorities, the analyst anointers held in low esteem...
...couple of years ago, the descendants of banker Julius Baer--more than 100 of them--gathered at a Zurich restaurant for a reunion of a remarkable family. Not only does it own a controlling stake in the 112-year-old Swiss bank Julius Baer Group, which manages about $80 billion in assets, but its members still run it too. In May, Thomas Baer, a grandson of Julius', will retire as chairman and hand the post to his nephew Raymond Baer...