Friday, January 30, 2009
gardener can be a referral source to the rich?
Posted by Vijaychandran Veerachandran at 5:13 AM
Wednesday, January 14, 2009
Following high school in Brooklyn, Paulson moved on to New York University, which in the 1970s offered a popular seminar taught by John Whitehead, then a senior partner at Goldman Sachs. Paulson listened, fascinated, as Robert Rubin, later secretary of the Treasury under Bill Clinton and now an unofficial adviser to Barack Obama—talked about the mysterious and new (to Paulson, anyway) world of risk arbitrage. At the time, the scholarly, soft-spoken Rubin was viewed, at least by Paulson’s professor, as the smartest partner at Goldman Sachs; he was certainly the richest. Paulson graduated first in the class of 1978, with visions of arbitrage in his future.
Posted by Vijaychandran Veerachandran at 9:20 AM
Tuesday, January 13, 2009
25 of the Greatest Self-Made Men in American History
Posted by Vijaychandran Veerachandran at 4:11 PM
Friday, January 09, 2009
Instead, a white-collar fraudster like Madoff could create multiple phony investment-advisory businesses in foreign countries, similar to legitimate businesses he's actually working with. Says Reich: "All he has to do is create fake invoices over the years and pay in to those fake companies, then create new phony businesses in other countries, have the monies transferred to them, and then close down the original fake businesses. It's how the mob does it; the money trail is wiped clean.
Posted by Vijaychandran Veerachandran at 6:32 AM
Thursday, January 08, 2009
A banker is a fellow who lends you his umbrella when the sun is shining and wants it back the minute it begins to rain. -Mark Twain
Posted by Vijaychandran Veerachandran at 6:19 AM