Word: salomons
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
Stockman's frustration with politics and his growing pessimism about the economy undoubtedly contributed to his decision to leave Government service. Two months ago, the Budget Director, whose first child Rachel was born in May, received an offer from the Wall Street firm of Salomon Brothers that was hard to refuse. As one of Salomon's managing directors, Stockman stands to make more than $700,000 a year in salary and bonuses, in contrast with the $75,000 he earns at OMB. When he told Regan about the offer ten days ago, the chief of staff, who made...
While Stockman has no experience in corporate finance or security trading, his reputation as a workaholic numbers cruncher with an unsurpassed knowledge of Government financing was enough to satisfy his new employer. Said John Gutfreund, chief executive of Phibro-Salomon Inc.: "He's young, he's smart, there are new worlds for him to conquer." Before he joins the firm in November, Stockman has told friends, he plans to write a tell-all book. That could bring in an additional $1 million...
...Syracuse University, Julia Salomon uses a diplomatic approach: the school nutritionist has lobbied for healthy yet appealing options at the dining halls: "Our salad bar isn't just lettuce, cucumbers and tomatoes anymore," says Salomon. "It's black beans and garbanzo beans. It's hummus and grilled chicken bits...
...Salomon was ultimately sold to Travelers Group at a much better price that it was trading at in 1991, and Mundheim became General Counsel of what became Salomon Smith Barney. The company later merged with Citigroup, and Mundheim stayed on until...
...trading house of Salomon Brothers had fallen on hard times after a large-scale t-bill scandal. Buffett, who owned a significant share of the company, stepped in and asked Mundheim to join a team charged with rebuilding the trading house...