Word: goldmans
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Dates: during 1990-1999
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Hill had to choose between professional basketball and a waiting job in the New York office of Goldman, Sachs, where he had interned for the past two summers...
Hill had to choose between professional basketball and a waiting job in the New York office of Goldman, Sachs, where he has interned for the past two summers...
With Rubin's resignation and Summers' ascension, the question arises: To what extent did Rubin's personal strengths make possible the enlarging of the Treasury Secretary's mission? The former Goldman Sachs partner spent years as head of the firm's arbitrage desk, a position in which he had to make billion-dollar bets based on inadequate information, the kind of predicament that he says often confronts public officials. To him, the decision-making process should focus on probabilities rather than the absolute nature of any choice. "It's not that results don't matter," he says. "But judging solely...
...suddenly flush clerks and secretaries, not to mention the even flusher bankers, at Wall Street powerhouse Goldman Sachs Group won't be convinced. But their company's smashing $3.7 billion initial public stock offering last week--spreading wealth up and down the ladder--was less noteworthy than a handful of Internet IPOs that flopped. Say what? Yes, flopped. Shares of online map company Mapquest and online advertising company Flycast failed to double in a day--a stiff bogey but one that Internet companies have been hitting all year. Meanwhile, online real estate company Comps.com actually fell...
...fund-raising that there's a finite universe of donors who will ante up $1,000 for a presidential contender, but Bill Bradley seems to be breaking the mold. His supporters include heavy hitters in the business world who have never been involved in politics, and even some Republicans. Goldman Sachs president John Thornton hasn't raised money for a candidate before, doesn't even give to the company's political-action committee; but since meeting Bradley nine months ago, he has been asking for and getting checks from friends--including Goldman chairman Henry Paulson, a Republican who's backing...