Word: dollarses
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Lloyd Blankfein, the 54-year-old chairman and CEO of Goldman Sachs, is powerfully perplexed. In the past six months, his investment-banking and securities-trading firm has roared ahead in profitability by taking risks - that other firms would not - for itself and its clients in an edgy market. It...
In an era of derivative-driven innovations and massive leverage, Blankfein is the firm's chief advocate for taking risks but also its chief risk watchdog. He has a far different perspective from that of most of the previous Goldman bosses. In December 2006, Viniar led a meeting of senior...
Goldman's CEO and other top execs are set for another huge payday this year, although some of his former partners wonder about the backlash against him and the firm as a result. Blankfein is worried too. How is he to juggle the firm's great success - and the attendant...
Be aware, though, that according to dealers, used-car prices - especially for popular foreign makes - have climbed more than 10% in the past year. Recession-scarred consumers are holding on to vehicles longer, and the clunkers program is destroying a fair number of older models. Dealers, in turn, are paying...
It's $439 dollars to get in, but you can watch live on CNN's website. The big man himself gives his keynote at 11:50 a.m. There's also a free after party at Om beginning at 5:30 this evening, but no word yet on whether Hammer will...