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Emery is far from the only specialist who thinks European executives have been faster than Americans to snap up such opportunities. But the Americans are about to get some help in spotting the good buys. Goldman Sachs has set up a new mergers- and-acquisitions team in Singapore to be headed by Richard Gnodde, one of its top specialists. Jon Corzine, co-chairman of Goldman Sachs, adds that the firm is planning to start a "recovery fund" targeted chiefly at Asia. Goldman's Asia president, Philip Murphy, indicates a major target will be consumer goods, which many others also consider...

Author: /time Magazine | Title: Quarterly Business Report: Diamonds Buried in The Rubble | 12/21/1998 | See Source »

...doing here. Flirting with ideas for four years in a liberal arts institution is not even justifiable to most citizens of the First World (in fact, it is a peculiarly American luxury), so to a Laotian or Burundian peasant the moral difference between working 80 hours per week at Goldman, Sachs and studying at Harvard or paying to participate in World Teach is negligible (or more likely still, completely irrelevant). As for the worth of business people, investment bankers and consultants may add to GDP and still end up rich corporate drones, serving nobody but themselves...

Author: By Daniel M. Suleiman, | Title: Beyond Good and Evil at OCS | 12/8/1998 | See Source »

...Morgan, a titan of the 19th century who helped set the stage for the 20th (see following article), acted in his day as a cross between today's Federal Reserve Board and the Goldman Sachs' mergers-and-acquisitions department, providing the money and acumen needed to launch the prototypes of modern industrial corporations. Under Morgan's leadership, this century began much as the 19th century ended, with heavy industry--steel, rails, electricity, and oil--ascendant. Automobiles were in short supply until 1913, when Henry Ford introduced the assembly line and mass production, making ours a consumer as well...

Author: /time Magazine | Title: Big Wheels Turning | 12/7/1998 | See Source »

...raise money for charity, or volunteer your consulting skills to make a service group more efficient. Responsibility does not come from your choice of career, but rather from the actions you take once you are in your profession. I am not suggesting you turn down the job at Goldman & Sachs or throw away all of your self-interest. All I ask is that you take a few specific steps to help make the world a better community for us all. MICHAEL H.TANG...

Author: NO WRITER ATTRIBUTED | Title: Capitalism Helps the Few | 12/3/1998 | See Source »

...cigarettes from those inner city school volunteers. And thank God financial valuating and option wielding derivative associate partners were always there to save me from faulty medical practices and illiteracy. I have full faith that when the cure for cancer comes, it will come from the hallowed halls of Goldman Sachs...

Author: NO WRITER ATTRIBUTED | Title: Heroism of Investment Bankers Finally Revealed | 12/3/1998 | See Source »

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