Word: goldmans
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Dates: during 1990-1999
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...outlook would be brighter still without the currency crises in Southeast Asia that have thrown economies and financial markets into chaos. Though the 7% break in the U.S. stock market on Oct. 27 was "a greatly exaggerated reaction," in the words of Robert Hormats, vice chairman of Goldman Sachs International, the turmoil will hurt American exports and the profits of U.S. companies heavily invested there. But strong growth at home and in other big U.S. markets--Canada, Mexico and Europe--should offset much of the damage...
...region's intricately developed system of crony capitalism, in which personal connections trump the rule of law or markets almost every time. "What now has to be addressed is reform of banking systems, the improvement of supervisory and regulatory functions of governments," says Robert Hormats, vice chairman of Goldman, Sachs International...
...intentionally infecting themselves with hepatitis with the help of visitors--a potentially deadly gamble. But others have refused to seek such paroles, on the theory that if they leave China, they will never be allowed to return. They feel that exile means irrelevance. "Frankly," says Boston University's Merle Goldman, "none of these dissident groups [overseas] have had much impact back in China...
...Takasu '98, a concentrator in East Asian Studies (EAS) and economics, worked for the U.S. investment bank Goldman Sachs in Tokyo last summer. He says that Japan is actually a very exciting place to work right...
Takasu, who is considering returning to Goldman Sachs after graduation, insists that there are "tremendous" opportunities for Japanese and non-Japanese interested in Japanese finance...