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...world of finance, that was one happy Old Year. Whether they were buying Indian real estate or Brazilian commodities, traders and investors made serious money. Profits at Goldman Sachs exceeded the gross domestic product of Bolivia...

Author: /time Magazine | Title: The Next Meltdown | 1/5/2007 | See Source »

...Negroponte's predecessor in the No. 2 job at State was Robert Zoellick, who stepped down in July to accept a position with Goldman Sachs, the New York-based investment banking firm. Rice reportedly approached several candidates to replace him over a period of months, without finding anyone willing to step into the difficult post...

Author: /time Magazine | Title: Behind Negroponte's Move | 1/4/2007 | See Source »

...KDDI says that some of the company's cables used for long-distance calls and corporate clients had been damaged; household and business telephone service was largely unaffected. "We have no idea when these lines will be repaired," the spokesperson says. While the Tokyo offices of major financial firms Goldman Sachs, Morgan Stanley and Merrill Lynch reported Thursday that their networks were functioning normally, some businesses in Japan complained of being unable to reach clients in Hong Kong and Taiwan. Rie Kuzumoto, who works at a publishing company, needed to make last-minute changes in an order placed with...

Author: /time Magazine | Title: Asia's Wounded Web | 12/28/2006 | See Source »

...With the exception of some copies pilfered from warehouses, the entire 400,000 print run of If I Did It - in which Simpson "hypothesized" how he would have killed his ex-wife Nicole and her friend Ron Goldman - was slated to be destroyed. As with most celebrity tell-all tales, however, Simpson's rights to the material will eventually revert back to him. Though the exact contractual language has not been made public, a source close to Simpson tells TIME that O.J. gets certain rights returned 12 months after the original publication date - which means he should...

Author: /time Magazine | Title: O.J.'s Book: Back by Next Christmas? | 12/28/2006 | See Source »

...Fred Goldman, Ron's father, filed a lawsuit last week against both Simpson and Lorraine Brooke Associates, described by Goldman's lawyer as a "sham entity" formed to funnel the book's proceeds to the ex-football star. Goldman hopes not only to retrieve the $880,000 he says News Corp. paid Simpson as an advance, but he also wants Murdoch's company to give him all rights to If I Did It - print, audio and other peripheral sources of income from the project. "There was originally an indication they might be open to such an idea [turning all profits...

Author: /time Magazine | Title: O.J.'s Book: Back by Next Christmas? | 12/28/2006 | See Source »

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