Word: stocking
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...December 2003 he was named Goldman's chief operating officer and co-president after the departure of John Thain - Blankfein's rival to lead the firm - who left to become CEO of the New York Stock Exchange. By then, Blankfein had impressed Goldman's board of directors and especially Paulson, then the CEO, with his tenacity, ambition and hands-on management style. "Hank became increasingly concerned about whether [John] Thornton or Thain" - the co-presidents of Goldman before Blankfein - "would assume responsibility for the business units and show they could run things," says a former Goldman partner. "Lloyd showed...
...pictures of the stock market crash...
...value of Harvard’s publicly traded equity portfolio has nearly doubled in recent months as the University reinvests—particularly in emerging markets and in Asia—after dramatically slashing stock holdings last fall amidst the global financial crisis. According to a Securities and Exchange Commission disclosure report released in August, Harvard had 112 publicly traded equity holdings valued at over $1.4 billion as of June 30. The figures represent a significant increase from the 99 holdings worth $771 million reported three months earlier. The SEC’s 13F report only discloses a small fraction...
...Papi’s name on “The List” did rattle a particular sense of innocence. But Ortiz is hardly the first figure of national or regional significance to be revealed as a fraud, a cheat or an artificially enhanced Frankenstein. Like the housing and stock markets in which so many Americans invested much more than their hearts and souls, the brand of baseball that captured Americans’ attentions over the past decade has been revealed for what it was: an inflated, bizarre version of the real thing...
...Japan's stock market surged early in the morning on the news of the election, but then fell back - indicating uncertainty among investors about what the Democratic government will bring...