Word: goldmans
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There are few winners in the case of Sean Goldman, the 9-year old boy at the center of a custody battle between his American father and Brazilian stepfather. But the losers are easy to spot, starting with common sense. More worryingly for Brazil, a growing nation desperate to be taken seriously on the world stage, is the damage being done to its image...
...head of the world's most profitable bank is oddly pedestrian. Lloyd Blankfein, Goldman Sachs' chief executive, is a movie buff and a bad dresser. He loves gambling in Vegas. He grew up poor and used to be an overweight two-packs-a-day smoker. So when his firm's rapid return to megaprofits this year ignited claims that Goldman Sachs had engineered the financial crisis so it could profit from it, Blankfein seemed the perfect man to explain why his firm - and indeed all of Wall Street - was not a band of élitist capitalist vampires but instead...
Upon graduating from the College, Houghton entered the Business School, where he reportedly received such poor grades his first year that he was forced to withdraw from the MBA program for two years. In his time off, Houghton worked for Goldman Sachs and Co.—he finally returned to Harvard to complete...
...expect a healthy dose of political posturing before, during and after the President's meeting with top bankers Monday. "It's a p.r. stunt," says an executive at one of the banks that will be getting a dressing-down at the White House meeting. Executives from Goldman Sachs, JPMorgan Chase, Bank of America and Wells Fargo are expected to be among those in attendance. (See 25 people to blame for the financial crisis...
...both challenged electronics retailers on price every step of the way, allowing them to gain market share in the electronics sector. Walmart was especially competitive. "Walmart's [average] prices were 3.5% below Amazon, 4.2% below Target and down double digits compared to both Kmart and Toys "R" Us," said Goldman Sachs analyst Adrianne Shapira, in a note. "Walmart left no doubt as to who was the pricing leader...