Word: goldman
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Dates: during 2000-2009
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China keeps opening its doors--even the ones in the ivory tower. Beijing's elite Tsinghua University has appointed former Goldman Sachs president John Thornton professor of global leadership, making him the first U.S. businessman to teach at the school since the 1949 revolution. During his 24 years at Goldman, Thornton helped the firm become a force in Europe, Japan and China, where Zhu Rongji, the reformist former Prime Minister and a dean at Tsinghua, was a confidant. Thornton has insisted that he's focused on teaching, but don't expect a globe-trotting rainmaker to spend all his time...
...into big European infrastructure projects, like linking France's high-speed train system with Germany's; spending more money on the E.U.'s Galileo global positioning system; and investing in cleaner automobiles. "I don't think governments are very good at picking winners," says Dirk Schumacher, German economist at Goldman Sachs in Frankfurt. "We do need infrastructure, but they shouldn't use this as an opportunity to steer the business cycle. In the past it hasn't worked, and I don't see why it should now." Further complications will arise next week, as representatives from all 25 member states...
...protests and give out protest information to the media and show them that not everyone is of a single mind on this,” Benjamin Goldman-Huertas ’05 said...
After a run of acquisitions, Sing Wang's Tom.com looks more like a budding media empire than the fledgling Net start-up Wang joined in July 2000. The ex-Goldman Sachs banker has made the company a publishing, outdoor-advertising and sports-marketing moneymaker in the rough-and-tumble Chinese media industry. He staged a mini-coup in July when his company acquired controlling interest in CETV, AOL Time Warner's beleaguered foray into China's television market. Wang plans to make the channel profitable by using Tom.com's existing sales network to bring advertisers to CETV...
Wall Street moneymen have been among the most aggressive in raising dividends: Goldman Sachs, where executives and directors collectively own 25 million company shares, doubled its annual payout to $1 a share. After tax, CEO Henry Paulson's 4 million shares will spin off $3.4 million in dividends--up from $1.2 million. Goldman spokesman Peter Rose says it's "preposterous" that the move had anything to do with personal enrichment and that Goldman's dividend was merely brought up to the industry average. Bear Stearns, long famous for nosebleed executive pay, raised its dividend 18%, to 80 a share. After...