EconWatch.com > What Will Treasury Secretary Paulson Do?
[Brad DeLong's Semi-Daily Journal] Paulson's 3.23 million shares of Goldman stock are worth more than $495 million, based on the most recent regulatory filings and yesterday's closing price of $153.55 a share. (This does not include the value of his restricted stock units and options, which are generally taxed as ordinary income, not capital gains.)
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[Economistsview.typepad.com] Economist's View: Paul Krugman: Secretary, Protect Yourself: Would you say the same of Dick Cheney...that he took a pay cut and the innocuous position of Vice President so that he could (pardon the phrase) "serve the people?" Or after a sufficient application of Vizene, would you possibly alter your view and say that Paulson is a member in good standing of the financial power elite and to take the position of Treasury Secretary is not so much a sacrifice as it is a class-duty that will be rewarded 100-fold with increased prestige and manifold honors including assurances that all economic transgressions both past and future (short of screwing the alter boys on the village green at high-noon on Sunday) will be forgiven and ignored as simply the way we do business here in the Land of the Free?
[Money.cnn.com] Wall Street's war for China - May 29, 2006: The larger problem was that Wadsworth envisioned CICC as an onshore platform for his investment banking operations in Hong Kong, while his counterpart, China Construction Bank president Wang Qishan, saw the venture as an independent entity free to do deals with anyone. The rift broke into the open in 1997, when Fang, a rough-hewn former People's Liberation Army soldier who was CICC's savviest dealmaker, helped steer an advisory role in the foreign listing of state-owned telecommunications giant China Mobile to Goldman, not Morgan Stanley.
[Gulcfac.typepad.com] Georgetown Law Faculty Blog: Better living through public service ...: In particular, you're heavily invested in Goldman Sachs stock, and would prefer to diversify. Even if you think Goldman Sachs will do fine, you're risk averse and would rather not have too many eggs in one basket.
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