Sept. 22 (Bloomberg) -- The Wall Street that shaped the financial world for two decades ended last night, when Goldman Sachs Group Inc. and Morgan Stanley concluded there is no future in remaining investment banks now that investors have determined the model is broken.
How would Barack Obama or John McCain really respond to the nation's financial turmoil? For a clue, check out their economic advisers now: former Cabinet officials and corporate titans, staffers to past presidents and Congresses, economists who tamed double-digit inflation and beat back budget deficits.
New York, USA - September 15, 2008: The International Diamond Manufacturers Association (IDMA), the representative body of the world's diamond manufacturers, is to hold an IDMA Presidents' Meeting in Gaborone, Botswana, November 10-12, 2008, at the invitation of the Botswana Diamond Manufacturing Association (BDMA). The announcement was made by IDMA President Moti Ganz.
THE HISTORY of rivalry between Nick Faldo and Paul Azinger includes a singles match at The Belfry in 1993 when the two confronted each other in the final pairing.
Arguing that current drinking age laws have fostered unhealthy behaviors among 18-20-year-olds, a group of college and university presidents has proposed a debate on the effectiveness of the 21-and-over alcohol consumption policy in the United States. The movement, called the Amethyst Initiative, has drawn signatories from 130 college and university presidents of higher education, including
Pennington's Dave Haggerty continues to make waves in the tennis world. When the U.S. Tennis Association slate of 15 officers and directors was announced last week, his name was alongside a vice president position.
Bob Blackwell can rattle off the names of every country in Europe, even the obscure little islands, but most days he can't remember his computer password or his wife, Carol's, cellphone number.
The first time I obtained a passport was in 1983, when I was planning to visit Scotland, the homeland of my ancestors. It was plain little booklet with a navy blue cover, impressed with an eagle-and-shield emblem in gold, and the words "United States of America."
ORLANDO, Fla. -- Wearing a powder blue Make-A-Wish hat backward on his head, 11-year-old Elijah Sanders of Farmington Hills peered through the viewfinder of his disposable camera and prepared to snap photos of Mickey Mouse as he passed in the Disney Dreams Come True Parade.
Northern American stock markets ended on a high note Friday as investors took kindly to the U.S. government's plan to bail out Wall Street banks, ending one of the wildest weeks in market history.
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