Word: goldman
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Dates: during 2000-2009
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...Sometimes Europeans are bored with European brands," says Jacques-Franck Dossin, a Goldman Sachs luxury-goods analyst based in London. "Ralph Lauren is cooler. It's different. It's from the U.S." Carol Pope Murray, an analyst at Salomon Smith Barney in New York City, more or less agrees. "Yes, I think there is a consumer in Europe who will buy the product," she says. "But the issue is and has always been, Can they do it and make a profit...
After a final push downward last October, most rates bounced back so quickly that many consumers couldn't seize the moment. Now rates are even lower than they were last autumn, and they may be headed lower still. Lehman Bros., Goldman Sachs and Deutsche Bank all predict that the benchmark short-term federal-funds target rate--at just 1.75%--will go to 1% by the end of the year as Fed Chairman "Sir" Alan Greenspan (soon to be knighted for his role in the global economy) dons armor against the double-dip recession dragon. A quarter-point cut could come...
...After a final push downward last October, most rates bounced back so quickly that many consumers couldn't seize the moment. Now rates are even lower than they were last autumn, and they may be headed lower still. Lehman Bros., Goldman Sachs and Deutsche Bank all predict that the benchmark short-term federal-funds target rate - at just 1.75% - will go to 1% by the end of the year as Fed Chairman "Sir" Alan Greenspan (soon to be knighted for his role in the global economy) dons armor against the double-dip recession dragon. A quarter-point cut could come...
...blocks, McFadyen paints rundown roadside bars and sports stadiums, while Auerbach obsessively records the environs of his London studio. Swann, 33, will start a postgraduate course at London's Royal College of Art in a few months. He studied European finance and accountancy at Leeds Metropolitan and worked for Goldman Sachs before returning to painting seven years ago. His current subjects are artificially illuminated football fields, squash courts, sports pavilions, golf driving ranges. His walk home after dark from a former studio "took me past all these sports complexes and football pitches. These places seemed to have a different dynamic...
...trust moved the New York Stock Exchange (N.Y.S.E.) last week to propose rules requiring that a majority of a company's directors have no ties to the company and that shareholders approve all stock-option plans. Henry Paulson, the normally low-profile chairman and CEO of Wall Street giant Goldman Sachs (Tyco's financial adviser), was one of many business leaders ringing the bell for reform. "American business has never been under such scrutiny. To be blunt, much of it is deserved," Paulson said in a speech calling for curbs on when a CEO can profit by selling company stock...