Tag Archives: street

The Rage over Goldman Sachs

Lloyd Blankfein, the 54-year-old chairman and CEO of Goldman Sachs, is powerfully perplexed. In the past six months, his investment-banking and securities-trading firm has roared ahead in profitability by taking risks — that other firms would not — for itself and its clients in an edgy market. It has paid back the billions of dollars, and then some, of taxpayer money the government forced it to take last October; raised billions of dollars in capital from private investors, including $5 billion from Warren Buffett; and urged its cadre of well-paid and high-performing executives to show some restraint on the conspicuous-consumption front.

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London police arrest 2 in bold $65M jewelry heist

Two men were arrested Wednesday in connection with this month’s brazen London jewelry store robbery of millions of dollars worth of gems, Metropolitan Police said. Officers continued to appeal for information about the robbery.

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Karzai’s record patchy in calm province

Agajan has a message for Afghanistan’s incumbent politicians. The turbaned, gap-toothed man may only be a humble shop-keeper, but on election day, Agajan will exercise his right and vote against the president. “I won’t vote for Hamid Karzai,” says Agajan, who according to local custom uses only one name.

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Air China raises Cathay stake

Air China, the country’s flag carrier, has agreed to pay HK$6.3bn (US$813m) to increase its stake in Cathay Pacific, only three years after first securing a holding in the Hong Kong airline. Chavez’s government is “moving forcefully to silence critics,” said the unclassified U.S. analysis prepared by the Open Source Center, a government intelligence center

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Mexico shootouts leave 4 dead, 3 wounded

One small slice Monday of Mexican President Felipe Calderon’s war on drug cartels: two shootouts on the streets of two cities; a man and a woman ambushed in their car; at least four people dead; three soldiers wounded, one of them gravely. The confrontations between unidentified gunmen and Mexican army and federal police took place in the communities of San Nicolas de los Garza and Escobedo, near the U.S. border in the Mexican state of Nuevo Leon, the state-run Notimex news agency said.

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