Word: sales
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...York last week for a record-shattering $57.2 million. Found at an archaeological dig near Baghdad, it is an extremely rare representation of the goddess - known elsewhere as Ishtar - in animal form. She is one of the earliest of the gods whose names have survived through history. Before her sale, the most expensive piece of sculpture of any period sold at auction was a piece by Pablo Picasso which went for $29 million. The previous antiquities record was set by a Roman bronze which sold for $28 million...
...bailout money comes from is less important than the fact that it's available at all. Just ask investors in Citigroup. The global banking giant has reported billions of dollars of subprime losses, raising concerns that some of Citigroup's assets might have to be sold off at fire-sale prices just to keep the company sufficiently capitalized. But on Nov. 26, New York-based Citi was handed a lifeline by an unlikely rescuer. The Abu Dhabi Investment Authority, a $625 billion sovereign wealth fund run by the tiny Persian Gulf emirate, announced it was forking over $7.6 billion...
...SWFs can be politically risky, too. In 2006, Temasek Holdings, an investment arm of the Singapore government, bought Shin Corp., Thailand's major telecommunications company, for $3.8 billion from the family of Thaksin Shinawatra, who at the time was Thailand's Prime Minister. Public outrage in Thailand over the sale of what was considered an important national asset to a Southeast Asia rival contributed to Thaksin's ouster as Prime Minister in a military coup in September...
...groups that work with borrowers fear it won't help many people. Meanwhile, Paulson's past as chief executive of Goldman Sachs--he retired in July 2006 to go to Treasury--is becoming a political issue. Goldman was a big player in the business of packaging subprime mortgages for sale to investors. Now Senate Banking Committee chairman Chris Dodd, who also happens to be running for President, says he wants answers from Paulson on Goldman's role in the current mess. Political posturing? Sure. But it still means less time for trips to China...
...school who called her a terrorist, her family says. Local police are investigating, and the girl has gone to Jordan with her mother. The family's store, along with the Tatars' pizzeria, has closed down because of lack of business, and the Shnewers have put their house up for sale. The Duka brothers' father was detained on immigration charges the day his sons were arrested; now he faces deportation...