Word: crisises
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
On July 14, Goldman Sachs posted second-quarter profits of $3.44 billion, more than the company made in all of 2008 and about on par with the precrisis gilded age, while announcing that it had set aside $11.4 billion this year to compensate workers, or $386,489 per employee. The...
The eye-popping Goldman profits also create a policy problem for lawmakers, including the President, as they try to reform the financial system to ensure that history does not repeat itself. At issue is not just the safeguards that traders are using to ensure that another crisis of confidence doesn...
Though both Goldman and JPMorgan have paid back their infusion of Treasury dollars, the recent crisis has made clear to investors that the firms are considered by U.S. policymakers to be "too big to fail." The crisis has also created a premium for those firms willing to take on more...
But these days Icelanders are enduring an identity crisis. Almost bankrupted by the economic downturn - which they call the "Kreppa" - they are shedding age-old shibboleths about their sturdy self-sufficiency. On Thursday, they did what would have been unthinkable just one year ago: they reached out to the European...
In the end, though, the speech was more conciliatory than confrontational. Rafsanjani made several nods to opposition sentiment, acknowledging that the events of recent weeks constituted a "crisis" for the Islamic Republic. He also used strong terms to deplore the violence that broke out. But he praised the government's...