Word: goldmans
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Dates: during 1990-1999
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...will be at least slowed by inadequate financing. They are urging governments and private investors to withhold the $3 billion in foreign loans and investments that the Chinese are seeking to help build the $30 billion dam. Says Dai Qing, a Chinese opponent of the dam who won a Goldman Environmental Prize last year, and is now a visiting scholar at the Australian National University: "I hope that people all over the world who love the environment and who love China will band together to stop this disastrous project...
...step." Bentsen -- who leaves in two weeks -- served in the Senate for 22 years and ran as vice president in 1988 on the ticket headed by Michael Dukakis.His replacement, currently head of Clinton's National Economic Council, spent nearly three decades amassing a fortune at the Wall Street firm Goldman, Sachs & Co., and resigned as chairman to join Clinton in 1992. In Rubin, Wall Street gets an ally in a top post, says TIME business reporter Bernard Baumohl. Rubin will probably be an advocate for smaller government, lower long-term interest rates and smaller budget deficits -- positions that will serve...
...most experienced and highly-regarded policy makers. Bentsen, however, took a page from the Mark Twain playbook, telling reporters that reports of his departure were "premature." Leading the pack of talked-about replacements: Robert Rubin, head of Clinton's National Economic Council and the former co-chairman of Goldman, Sachs & Co. TIME Washington correspondent Adam Zagorin says Bentsen has decided to quit "for a lot of reasons. First, he's getting on. The timing coincides with what would have been the end of his Senate term had he not taken this job. Second, although he's deeply respected, his views...
Growing uneasiness between O.J. Simpson's lawyers and the families of the his former wife and Ronald Goldman broke into open hostility today as the defense bitterly criticized Nicole Brown Simpson's sister Denise for publicly questioning O.J.'s innocence. "What has happened now is the court can hardly turn on the television without seeing Denise Brown ," defense attorney Johnnie Cochran Jr. said in a hearing. "She has taken it upon herself to misconstrue, to put her own spin on interpretations." Brown has implied in television interviews that Simpson committed the murders. The impact of her statements became clear when...
...unintentionally deepening an old fault line in the American economy. "Never before has there been such a huge gap in perception between what is going on in the real economy and what the financial markets think is going on," says Robert Hormats, the vice chairman at Goldman Sachs International. The two sides, used to fighting with statistics, came as close as they could to meeting face to face: while Fed members deliberated last Tuesday, some 200 AFL-CIOled protesters gathered outside in the first such demonstration against rate hikes since farmers blocked the street with tractors in the early 1980s...