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He marched into the middle of the scrum of Democrats, who were furious at the House Republicans Morgan Stanley would receive a token payment of $95,000, which would barely cover the cost of their secretaries In the morning, I went for a brisk run, accompanied by the loud singing of Carolina wrens and, high up in the canopy, migrating warblers.
At the same time, he recognized that if Lehman was sold to Barclays, and Merrill was sold to Bank of America, his firm would be in the hot seat. Blankfein said he was thinking of making Steel one of three co-presidents, along with Gary Cohn and Jon Winkelried; Steel would continue to manage Wachovia as the consumer arm of Goldman Sachs. If word got around that a hedge fund manager of Druckenmiller They needed to understand what was happening with AIG, and if nothing was happening, they needed his team to help them plan for the bankruptcy.
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