Word: gs
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Dates: during 2000-2009
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These days, airplanes actually have two black boxes, the voice recorder and the flight data recorder. They can withstand temperatures up to 2,000°F and impact forces up to 100 Gs. (A G is equal to the force of the earth's gravity.) They track pilots' conversations, engine noises, air-traffic-control commands, fuel levels, landing-gear extension and retraction and dozens of other clicks and pops that might offer insights about a plane's final moments. The boxes are made out of quarter-inch-thick panels of stainless steel. And in case you're wondering, an entire...
...four months after Ollestad's crash - Sabbag was on an Air New England flight that went down in a trackless forest just short of the airport on Cape Cod. There was no warning. "I breathed in," he remembers, "and when I breathed out I was pulling six Gs." His back and pelvis snapped on impact. He survived - along with the co-pilot and the other seven passengers, though not the pilot - and even learned to walk again. But he never escaped a sense that his life had been broken neatly in two at that moment. In Down Around Midnight, Sabbag...
...they will be asked to bring in as new capital. Citigroup (C), Wells Fargo (WFC), and Bank of America (BAC) are troubled, as the government sees it, and will have to improve their balance sheets by a combined total of almost $60 billion. JP Morgan (JPM) and Goldman Sachs (GS) passed the tests and are free from any additional obligations. The stock market has been voting on which banks are in trouble. The price of the shares in each of the banks indicates that traders already knew which firms had problems...
Citigroup (C), Goldman Sachs (GS), and Wells Fargo (WFC) had better-than-expected earnings. The banking sector was supposed to spend the balance of this decade feeling around in the dark and finding nothing but more bad assets and little revenue from what had been an investment banking goldmine fueled by quarters of good M&A and corporate finance results. Citi's numbers beat forecasts but revisionists began to take apart the earnings after the fact. An analyst from Goldman Sachs wrote that the big bank's credit losses are growing at a "rapid rate," meaning the shares remain...
General Growth owes billions of dollars to Citigroup (C), Deustsche Bank (DB), and Goldman Sachs (GS). It is very likely that every large money center bank and investment house has loaned money to commercial property owners because not so long ago the value of these assets was rising sharply every year...