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...their shingles, secular observers are raising concerns about the rights of consumers and employees. Some question the wisdom of limiting markets by faith. "Capitalism worships the market, on which there aren't supposed to be any restrictions," muses Alan Wolfe, a Boston College sociologist and the director of the Boisi Center on Religion and American Public Life. "It'll be interesting to see if it works. Are we witnessing a big change...

Author: /time Magazine | Title: Praying For Profits | 8/9/2005 | See Source »

Observes Geoffrey Boisi, 36, a top mergermaker at Goldman Sachs: "We're a psychiatrist, a father confessor, a coach as well as a financial architect. Sometimes we have to be the bastards in the background who hold the line." When Pennzoil offered $112.50 a share for Getty Oil last January, Boisi was convinced the bid was too low. So beginning at 7:30 one morning, he phoned six U.S. oil companies and the government of Saudi Arabia to find another buyer. Within 48 hours, Texaco responded with a higher offer. When Pennzoil, advised by Lazard...

Author: /time Magazine | Title: The Superstars of Merger | 5/14/1984 | See Source »

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