Word: goldman
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...That exec was Henry Paulson, then the CEO of Goldman Sachs, now U.S. Treasury Secretary. Four years later, the SEC complied, amending the rule; the effect was to allow Wall Street to borrow even more money to finance its businesses. At the most aggressive investment banks, leverage ratios reached 30 to 1. That is, for every dollar in equity capital the firm had, it borrowed...
...there are some vulnerabilities here, too: several of Turkey's banks have been acquired by foreign companies, including two European banks that have run into financial trouble elsewhere, Fortis and Dexia. Turkey also has a current account deficit that amounts to about 6% of its economy, and a recent Goldman Sachs study of emerging markets most at risk highlights that deficit as a potential trouble spot. Still, overall, Turkey came in 12th out of the 18 countries that Goldman examined, just behind Brazil, but in substantially better shape than the Czech Republic, Poland, Ukraine, Romania and the worst-placed country...
First, you seem to have forgotten D. Zachary Tanjeloff ’08, avid entrepreneur and party-thrower, whose name is locally, nationally, and globally recognizable. Another alumnus that should surely be included is Eugene M. Plotkin ’00, a research analyst for Goldman Sachs who was savvy enough to make $6.7 million before a judge sentenced him to 57 months in prison for something silly like “insider trading.” It would also be preposterous to skip Frederick H. Gwynne ’51, forever known to audiences everywhere as Herman Munster...
...Seoul's decision to guarantee external debt incurred by South Korean banks was cheered by market analysts. Goldman Sachs noted in a report that the package - which totals some 13% of Korea's GDP - will "go a long way toward stabilizing the jittery financial markets in Korea." Fitch Ratings added that "these measures will ensure sufficient U.S. dollar liquidity to the banking system and real economy." Investors responded positively, but cautiously. The benchmark Kospi stock market index rose 2.3% on Monday, while the won gained 1.4% against the dollar...
...Administration is now doing this, but three questions are raised: Was it a fair deal to the taxpayer? The answer to that seems fairly clear: taxpayers got a raw deal, evident by comparing the terms of Warren Buffet's injection of $5 billion into Goldman Sachs, and the terms extracted by the Administration. Second, is there enough oversight and restrictions to make sure that the bad practices of the past do not recur and that new lending does occur? Again, comparing the terms demanded by the U.K. and by the U.S. Treasury, we got the short end of the stick...