Word: citibankers
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...approval when Buchanan slams President Clinton for lending billions of dollars to Mexico. "Why did we send them $50 billion?" the maverick Republican asks. "Because bonds were coming due, my friends!" And he cuts the air with a karate chop. "So we got the New York bankers--Citibank, Chase Manhattan and Goldman Sachs--off the hook. But guess who's on the hook? You and your children and grandchildren!" The crowd applauds enthusiastically--as it does each time Buchanan sets up and knocks down another alleged enemy of the American worker, from trade agreements to the United Nations. Afterward, Mitchell...
...year-end accounts in 1994. Both the London and Singapore reports agree that Leeson fabricated a $79 million credit from Spear, Leeds & Kellogg, a New York City-based securities trader, to offset his losses. When Barings' external auditors questioned the entry, Leeson forged faxes from Spear, Leeds & Kellogg, Citibank and one of his superiors in London to show that the money had indeed been paid to Barings. The auditors accepted Leeson's explanation although they failed to notice the words "from Nick and Lisa" printed on the top of one of the documents indicating that it had been sent from...
...charge him with aggravated cheating and deception. It has already charged him with criminal breach of trust and forgery of certificates. Last week Singapore police seized stationery with faked company letterheads and a dummy bank ticket that said $80 million had been deposited into a Barings futures account at Citibank. No such transfer took place, and prosecutors are likely to argue that it gave Leeson a way of proving he was making the huge Nikkei trades on behalf of a client. "Once he is here," says Pala Krishnan, one of Singapore's leading criminal attorneys, "the maximum sentence...
...start with basic interview fashion philosophy. "Blend," explains Katie Feeley of Citibank, who also worked in the Cornell Career Office. "You don't want to be noticed for your clothes. Blend in as much as possible. Sure, it might be stifling to the creativity, but it's a stifling business. Your 4.0 should jump out rather than your bright red suit...
...simply a two-term Congressman with an interest in military affairs, yet he rose all the way to Secretary of Defense. How well did that turn out? Clinton, Rather, Biden, Senator Sam Nunn, columnist George Will, California Governor and possible Republican presidential nominee Pete Wilson, lawyer Alan Dershowitz, Citibank CEO John Reed -- all were on the lists of potential leaders, and all could be said to have realized their potential. Even so, the leadership vacuum remains. We have the leaders we wanted. Now what...