DOCSLIB.ORG

Nr. 45 Juli 2008

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Nr. 45 Juli 2008 Markt Trappstadt Alsleben Nr. 45 Juli 2008 Liebe Mitbürgerinnen und Mitbürger, Die Zeit vergeht in Windeseile. So haben haben wir schon ein halbes Jahr hinter uns. Der Sommer steht bevor. Die anstehenden Feste und Veranstalter hoffen auf viele Besucher. In der konstituierenden Gemeinderatssitzung im Mai wurden alle Ämter besetzt und die Weichen für die nächsten sechs Jahre gestellt. Mit der Städtebauförderung in Alsleben und der anstehenden Dorferneuerung in Trappstadt warten viele Aufgaben auf uns alle. Hier hoffen wir seitens der Gemeinde um tatkräftige Unterstützung von den Bür - gern. Das Saalemusicum haben wir hinter uns . Das Annamarktfest am 26./ 27. Juli ist in Vorbereitung. Am 15. August werden wir in der Sankt Ursula-Kapelle die 120-jährige Altarweihe feiern. Den Landwirten wünsche ich bei den anstehenden Erntearbeiten immer das rich - tige Wetter und gute Erträge. Die gemeindlichen Straßen sollten nicht als Strohla - gerplatz benutzt werden. Unsere Straßen dienen auch den Radfahrern und Spaziergängern. Ein darauf zurückzuführender Unfall hat für den Verursacher und Geschädigten schlimme Folgen. Beachten wir deshalb das Bayerische Wege- und Straßengesetz. Der Friedhof und seine Umgebung sollte immer für uns alle ein Vorbild der Sau - berkeit sein. Nehmen wir deshalb alle Abfälle mit heim und entsorgen sie fachge - recht. Zu den bevorstehenden Schulabschlüssen wünsche ich viel Erfolg und alles Gute für den weiteren Lebensweg. Den ABC-Schützen unserer Schulen möge ein guter Start gelingen. Herzlich grüße ich die neuen Erdenbürger. Den Eltern gilt mein Glückwunsch und viel Freude mit dem Nachwuchs. Den kranken Mitbürgern sei eine baldige Genesung beschieden. Allen verreisenden Mitbürgern wünsche ich schöne, erholsame Urlaubstage und eine gesunde Rückkehr. Den Daheimgebliebenen seien genußreiche Tage in unserer schönen Heimat beschert. Uns allen einen erlebnisreichen und wunderbaren Sommer. Euer Kurt Mauer, 1.Bürgermeister AUSGABE 45 - J ULI 2008 3 4 AUSGABE 45 - J ULI 2008 Amtliche Gemeindenachrichten v Wiederholt fahren LKWs verbotenerweise durch die Schulstraße in Trappstadt. Bitte Kennzeichen notieren und an den Bürgermeister weiterleiten, damit dies zur Anzeige gebracht werden kann. Straßenschäden zahlen alle Gemeindebürger. v Das Torhaus wird stets beschädigt, so auch wieder vor einigen Tagen. Zeugen sollen bitte sofort die Kennzeichen notieren und der Gemeinde (Bürgermeister, Tel. 681) mel - den, damit bei evtl. Fahrerflucht diese Fahrer angezeigt werden können. v Der Grünabfallplatz ist jeden Samstag von 12.30 - 14.30 Uhr geöffnet. Bei drin - genden Fällen kann der Schlüssel auch bei Platzwart Ludwig Rützel abgeholt wer - den. (Der Abfall muss also nicht über den Zaun „entsorgt” werden – die wenigen „Unvernünftigen” sollten darüber einmal nachdenken! v Alte, abgebrannte Grablichter sind zuhause in der Mülltonne zu entsorgen und nicht am Friedhof wegzuwerfen. Dies gilt natürlich auch für die Grünabfälle. Diese bitte nicht einfach über die Friedhofsmauer entsorgen. v Auf die wöchentliche Gehsteig- und Straßenreinigungspflicht (auch die Wasser - rinnen), wird hiermit verwiesen. Ebenso sind die Straßeneinläufe zu entleeren. v Das Herumstreunen der Hunde im Dorf und auf dem Friedhof sollte unterbleiben. Auch sollten die Hundebesitzer mit ihren Tieren die gemeindlichen Rasenflächen nicht als Hundeklo benutzen. v Die Alslebener Bevölkerung wird gebeten, die großen Kerzen im Kriegerdenkmal im Friedhof nicht mehr anzuzünden. v Für die renovierungsbedürftigen Bildstöcke in der Gemeinde werden weiterhin Spender gesucht. Spendenkonto der Gemeinde: Sparkasse Bad Königshofen, Kto.-Nr. 321 000 (BLZ 793 530 90). v Die Gemeinde hat am Mühlsteig in Trappstadt ein Gewerbegebiet ausgewiesen. Mögliche Jungunternehmer und Interessenten mögen sich bei der Gemeinde mel - den, Telefon 09765/681 (siehe Homepage Internet). v Kath. Pfarramt für Alsleben, Sternberg und Trappstadt: Das Büro in Sternberg ist an folgenden Tagen geöffnet: Mittwoch vormittags von 10.00 – 11.00 Uhr, und Freitag nachmittags von 17.00 – 18.00 Uhr. v Beim Besuch des Friedhofes bitte keine Hunde mit in den „Gottesacker” neh - men, sondern diese vor dem Eingang festbinden. Öffnungszeiten Schuttplatz Schuttplatz Trappstadt samstags von 13.00 - 15.00 Uhr Schuttplatz Alsleben samstags von 12.30 - 14.30 Uhr Außerhalb der normalen Öffnungszeiten sind als Ansprechpartner H. Brombeck für Trapp - stadt und H. Rützel für Alsleben zuständig. Wer Bauschutt oder Erdaushub außerhalb der regulären Öffnungszeiten anliefert, muß die Entlohnung des Bauschuttwärters selbst über - nehmen, da diese nicht im Bauschutt-Erdaushubpreis einkalkuliert ist. AUSGABE 45 - J ULI 2008 5 Dr. Ernst-Weber-Str. 9 97631 Bad Königshofen Telefon 0 97 61 / 64 78 Telefax 0 97 61 / 21 17 Innenausbau Treppen Exclusiv-Holzdecken Einbauschränke Schreinerei Wohlfart GmbH Gabolshausen · Tel. 0 97 61 / 54 60 6 AUSGABE 45 - J ULI 2008 Müllkalender 2008 Wertstoffhof am Kreisbauhof in Bad Königs - hofen: Abgabe von Elektro- und Elektronikgerä - ten, größer als ein Fernseher, nur noch an den Wertstoffhöfen möglich. Keine Abholung über Sperrmüll mehr! Möglichkeit der kostenlosen Abgabe von Kühl - geräten an den Wertstoffhöfen . Ort Restmüll - Biotonne - Gelber Sack Papiersammlung Juli August September Juli August Sept. Trappstadt/Alsleben 04. 01. 12. 04. 01. 26. 18. 16. 26. 29. 29. Problemmüll Alsleben 11.08.2008 13.45 - 14.15 Uhr Gasthaus Grüner Baum Impressum: Verantwortlich für Text und Inhalt: Erster Bürgermeister Kurt Mauer, Alsleben Mathias Gerstner, Trappstadt Satz und Layout: dta-fotosatz, Theo Albert, Alsleben Druck: Druckerei Seifert, Untereßfeld Amtsstunden des Bürgermeisters Die Amtsstunden des Der Bürgermeister Bürgermeisters sind: ist zu erreichen: Trappstadt im Rathaus: Dienstag von 18.30 – 19.15 Uhr Telefon (Gemeinde): 0 97 65 / 6 81 Alsleben im Feuerwehrhaus: Telefax (Gemeinde): Dienstag von 19.20 – 20.05 Uhr 0 97 65 / 79 8 5 83 Falls wegen anderer Verpflichtungen oder Veranstaltungen diese Dienststunden nicht Telefon (privat): 0 97 65 / 6 69 eingehalten werden können, wird durch Aus- hang am Gemeindehaus darauf hingewiesen. Email: [email protected] AUSGABE 45 - J ULI 2008 7 : Blumen h durc ! : Pflanzen ag’s lume S die B : Fleurop : Trauerschmuck : Hochzeitsschmuck : und mehr… Rückel+Bauer Gärtnerei und Floristikfachgeschäft Stadtlauringen Maßbach Saa l/Saale ట 0 97 24 /5 10 ట 0 97 35 /18 19 ట 0 97 6 2/93 04 44 Wir fertigen Möbel- und Einbaumöbel Holz-Böden und -Decken Haus- und Zimmertüren Treppen IN FORM Fenstermontagen Michael Heusinger Am Anger 2 97631 Bad Königshofen Telefon 0 97 61 / 3 90 56 Telefax 0 97 61 / 3 90 58 8 AUSGABE 45 - J ULI 2008 Veranstaltungskalender • Juli • August • September Datum: Uhrzeit: Veranstaltung/Ort Juli: 04. – 06.07.2008 Pokalturnier TSV Trappstadt, Sportheim 11. – 13.07.2008 Pokalturnier SV Alsleben – 60 Jahre SV, Sport- Schützenheim 26. – 27.07.2008 Annamarktfest August: 03.08.2008 Sommerfest Schützen Alsleben 14.08.2008 Sommerfest u. Kräutersammeln OGV Trappstadt 15.08.2008 120-jährige Altarweihe Ursulakapelle Alsleben, Ursulakapelle 17.08.2008 Sommerfest CSU Alsleben 23. – 24.08.2008 Sommernachtsfest MV Trappstadt, Musikheim 31.08.2008 Sommerfest Obst- und Gartenbauverein Alsleben September: 06. – 07.09.2008 Sommerfest FFW Alsleben 14.09.2008 Hinnerdörfer Kirmes Alsleben 20.09.2008 Oktoberfest CSU Trappstadt 27. – 28.09.2008 Kirchweih TSV Trappstadt, Sportheim Oktober: 03.10.2008 14.30 Schützenjugend – Tag der offenen Tür, Sport- und Schützenheim 10. – 13.10.2008 Kirchweih Sport- Schützenverein, Sport- und Schützenheim 18. – 20.10.2008 Kirchweih Gasthaus Lamm, Trappstadt 18. – 20.10.2008 Kirchweih Gasthaus Grüner Baum, Alsleben 25.10.2008 Kürbisaushöhlen OGV Trappstadt, Wagenbauerhalle 25. – 26.10.2008 Nachkirchweih Cafe-Stube, Trappstadt P OKALTURNIER vom 11.–13. Juli 2008 FREITAG, 11. JULI 2007 17.30 Uhr Jugendspiel: E2 SV Alsleben Jugendspiel: E1 SV Alsleben 19.45 Uhr Öffentlicher Ehrenabend mit Ehrung langjähriger Mitglie - der, u.a. Rückblick (geschichtliches, sportliches und wirt - schaftliches Geschehen seit 1998) SAMSTAG, 12. JULI 2008 13.15 Uhr A-Jugendspiel: JFG Grabfeld 15.00 Uhr Werbespiel MSV Merkershausen – TSV Trappstadt 17.00 Uhr Kleinfeldturnier AH-Mannschaften (insgesamt 7 Teams) Für Speisen und SONNTAG, 13. JULI 2008 Getränke ist be - 11.00 Uhr F-Jugendturnier stens gesorgt. 14.00 Uhr Werbespiel: TSV Bad Königshofen – SC Maroldsweisach 15.45 Uhr Werbespiel: Spfr. Herbstadt – TSV Großbardorf II Ab Samstag- 17.30 Uhr Einlagespiel: nachmittag ASV Alsleben/Eyershausen – Gyrospfanne SpVgg Ermershausen/Scheinshaupten AUSGABE 45 - J ULI 2008 9 Es war super! Der Musikerein Alsleben und derer Dank. Ein dickes Lob Familie Kast bedanken sich auf auch vom „Stargast” Mars diesem Weg bei allen Sponso - Seibert, der sinngemäß sagte: ren und Helfern, denn ohne „Hier sieht man mal, was eine diese hätte das Benefizkon - funktionierende Gemeinschaft zert am 14. Juni 2008 nicht alles bewerkstelligen kann. stattfinden können. Ganz gleich, ob man bei den Allen „guten Geistern” sei Vorbereitungen (Plakate bzw. hiermit nochmals ein HERZ- Flyer), dem Zeltaufbau und die LICHES DANKESCHÖN gesagt. Einrichtung, die tatkräftige Unterstützung der vielen Hel - IN diesem Sinne bedanken sich fer am Nachmittag und am MUSIKEREIN ALSLEBEN Abend, den Akteuren, die auf der Bühne ihre Kunst zum FAMILIE KURT KAST Besten gaben, oder diejenigen, stellvertretend für die die am Sonntag Morgen das Kinderstation des Leopoldina- Zelt wieder abgebaut haben, Krankenhauses Schweinfurt
Load more

Recommended publications
  • Goldman Sachs Meets Main Street
    Bloomberg Businessweek July 2,2018 Goldman Sachs Meets Main Street • Its online lender Marcus aims to be a "teddy bear." But sometimes consumer borrowers end up in a hole they can't get out of Kade Parker had never heard of Goldman Sachs 1 Group Inc. in 2016, when a letter from the bank offering his wife a loan arrived at his house in Hornbeck, La. (population 480). The 27-year- old oil worker had recently taken a pay cut and needed to reduce his monthly credit card bills. After calling to make sure it wasn't a scam, he says he took out a loan for around $15,000. "We were trying to move some money around, make it eas• ier on us," Parker says. "I told them the situation, they said no problem." Then he got laid off, and a year and a half later he filed for bankruptcy, list• ing more than $135,000 in unsecured debt, includ• ing 10 credit cards and loans from online lenders SoFi, Prosper, and Affirm. The Goldman Sachs loan came from Marcus, the online banking business the company started in 2016. Marketing to regular people was a sur• prising shift for Goldman, whose bankers advise on giant corporate mergers, trade for hedge funds, and manage money for multimillionaires. But Marcus has already attracted 1.5 million cus• tomers and made $3 billion in loans. It markets itself with direct mail and jokey commercials that • Number of paint the company as the responsible alternative Marcus customers to credit cards. Onstage at a CB Insights confer• ence on June 20, Harit Talwar, the former Discover 1.5m Financial Services executive hired to run Marcus, was reminded that Goldman Sachs was once com• pared to a "vampire squid" for its financial crisis dealings.
    [Show full text]
  • I Lehman REV007.Indd
    CONTROSTORIA Peter Chapman STORIA DELLA LEHMAN BROTHERS 1844-2008 traduzione italiana a cura di Olimpia Ellero A Marie, Alex e Pepito Peter Chapman The last of the Imperious Rich: Lehman Brothers, 1844-2008 © All rights reserved including the right of reproduction in whole or in part in any form. This editions published by arrangement with portfolio an imprint of Penguing Publishing Group a division of Penguin Random House LLC. Peter Chapman Storia della Lehman Brothers, 1844-2008 Prima edizione italiana – Palermo © 2020 Maut Srl – 21 Editore www.21editore.it ISBN 978-88-99470-47-0 Tutti i diritti riservati Immagine di copertina: © iStock - Shallow depth of field close, up of the eagle, from the US Coat of Arms, on a wrinkled, American, one dollar bill. Non essendo stato possibile risalire ai detentori dei diritti sulle immagini qui presenti, Maut srl-21editore resta a disposizione degli aventi diritto. Si può andare avanti per molto tempo accaparrando avidamente, ma prima o poi il punto di rottura è destinato ad arrivare. Herbert Lehman, socio della Lehman Brothers (1908-28), governatore di New York (1933-42), senatore dello Stato di New York (1949-57) Indice Elenco dei personaggi 13 Introduzione all’edizione italiana 17 Introduzione «Dick non guadagnava poi tanto» 21 1 La febbre dell’Alabama 31 2 «È tutto finito» 61 3 La stessa sostanza di cui sono fatti i sogni 95 4 Volare 133 5 La crisi 163 6 Qualche piccola novità, ma meno clamore possibile 205 7 «L’aristocratico degli autocrati» 247 8 I trader 281 9 «Chiamatemi Dick» 319 10 «Per certi versi triste» 357 Nota sulle fonti 405 Note 407 Ringraziamenti 419 Indice analitico 421 Elenco dei personaggi (in ordine di apparizione) Richard S.
    [Show full text]
  • 2001 Form 10-K
    SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Ñscal year ended November 30, 2001 Commission File Number: 001-14965 The Goldman Sachs Group, Inc. (Exact name of registrant as speciÑed in its charter) Delaware 13-4019460 (State or other jurisdiction of (I.R.S. employer incorporation or organization) identiÑcation no.) 85 Broad Street New York, N.Y. 10004 (Address of principal executive oÇces) (Zip Code) (212) 902-1000 (Registrant's telephone number, including area code) Securities registered pursuant to Section 12(b) of the Act: Title of each class: Name of each exchange on which registered: Common stock, par value $.01 per share, and attached New York Stock Exchange Shareholder Protection Rights Medium-Term Notes, Series B, Index-Linked Notes due American Stock Exchange 2002; 0.25% Exchangeable Notes due 2007; Index- Linked Notes due 2004; 1% Exchangeable Notes due 2007; 8% Reset YES Notes due 2002; 0.75% Exchangeable Notes due 2005; 1% Exchangeable Basket-Linked Notes due 2007; 0.25% Exchangeable Equity-Linked Notes due November 1, 2005; 0.25% Exchangeable Equity-Linked Notes due November 7, 2005; and 0.50% Exchangeable Equity-Linked Notes due 2007 Medium-Term Notes, Series B, 2.00% Exchangeable New York Stock Exchange Notes due 2006; 7.35% Notes due 2009; 7.50% Notes due 2005; and 7.80% Notes due 2010 Medium-Term Notes, Series B, Callable Index-Linked Chicago Board Options Exchange Notes due November 23, 2003 and Callable
    [Show full text]
  • Disseminating Jewish Literatures
    Disseminating Jewish Literatures Disseminating Jewish Literatures Knowledge, Research, Curricula Edited by Susanne Zepp, Ruth Fine, Natasha Gordinsky, Kader Konuk, Claudia Olk and Galili Shahar ISBN 978-3-11-061899-0 e-ISBN (PDF) 978-3-11-061900-3 e-ISBN (EPUB) 978-3-11-061907-2 This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 License. For details go to https://creativecommons.org/licenses/by-nc-nd/4.0/. Library of Congress Control Number: 2020908027 Bibliographic information published by the Deutsche Nationalbibliothek The Deutsche Nationalbibliothek lists this publication in the Deutsche Nationalbibliografie; detailed bibliographic data are available on the Internet at http://dnb.dnb.de. © 2020 Susanne Zepp, Ruth Fine, Natasha Gordinsky, Kader Konuk, Claudia Olk and Galili Shahar published by Walter de Gruyter GmbH, Berlin/Boston Cover image: FinnBrandt / E+ / Getty Images Printing and binding: CPI books GmbH, Leck www.degruyter.com Introduction This volume is dedicated to the rich multilingualism and polyphonyofJewish literarywriting.Itoffers an interdisciplinary array of suggestions on issues of re- search and teachingrelated to further promotingthe integration of modern Jew- ish literary studies into the different philological disciplines. It collects the pro- ceedings of the Gentner Symposium fundedbythe Minerva Foundation, which was held at the Freie Universität Berlin from June 27 to 29,2018. During this three-daysymposium at the Max Planck Society’sHarnack House, more than fifty scholars from awide rangeofdisciplines in modern philologydiscussed the integration of Jewish literature into research and teaching. Among the partic- ipants werespecialists in American, Arabic, German, Hebrew,Hungarian, Ro- mance and LatinAmerican,Slavic, Turkish, and Yiddish literature as well as comparative literature.
    [Show full text]
  • Goldman Sachs Embraces Lending's Bland Side -- WSJ -2- Published May 02, 2017 Dow Jones Newswires
    Goldman Sachs Embraces Lending's Bland Side -- WSJ -2- Published May 02, 2017 Dow Jones Newswires The investment bank, seeking growth beyond its elite turf, turns to lending; takeovers to remodels Goldman Sachs Group Inc. earned its elite reputation by dominating the glamorous end of finance -- investment banking, trading and managing money for the wealthy. In the postcrisis world of Wall Street, however, these standbys aren't providing the kind of growth it wants. So Goldman is expanding its reach with a prosaic strategy it once avoided. Lending people money. The firm has been opening its checkbook for the past several years to finance corporate takeovers, lend against mansions and art, and make personal loans for things such as kitchen remodels and fixing broken windshields. It is exploring new credit businesses such as trade finance, equipment leasing and extending credit that consumers use for online purchases, according to people familiar with the discussions. "We're a bank," Chief Executive Lloyd Blankfein said in a February interview. "We should act like one." That Goldman is branching out, aer long sticking to its knitting as rivals diversified, shows the challenges facing Wall Street this decade. Investors have been rewarding firms with diverse businesses that churn out safe, if smaller, profits. Most in the finance industry believe trading revenues will never return to precrisis levels. Goldman ranks among Wall Street's top players in its core businesses, such as advising on corporate mergers and underwriting stock sales, oering little room for growth. In lending, "we can only go up," said Stephen Scherr, who oversees the eort as CEO of Goldman Sachs Bank USA.
    [Show full text]
  • The Goldman Sachs Group, Inc. (Exact Name of Registrant As Specified in Its Charter) Delaware 13-4019460 (State Or Other Jurisdiction of (I.R.S
    UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended November 30, 2007 Commission File Number: 001-14965 The Goldman Sachs Group, Inc. (Exact name of registrant as specified in its charter) Delaware 13-4019460 (State or other jurisdiction of (I.R.S. Employer incorporation or organization) Identification No.) 85 Broad Street 10004 New York, N.Y. (Zip Code) (Address of principal executive offices) (212) 902-1000 (Registrant’s telephone number, including area code) Securities registered pursuant to Section 12(b) of the Act: Title of each class: Name of each exchange on which registered: Common stock, par value $.01 per share, and attached Shareholder New York Stock Exchange Protection Rights Depositary Shares, Each Representing 1/1,000th Interest in a Share of New York Stock Exchange Floating Rate Non-Cumulative Preferred Stock, Series A Depositary Shares, Each Representing 1/1,000th Interest in a Share of New York Stock Exchange 6.20% Non-Cumulative Preferred Stock, Series B Depositary Shares, Each Representing 1/1,000th Interest in a Share of New York Stock Exchange Floating Rate Non-Cumulative Preferred Stock, Series C Depositary Shares, Each Representing 1/1,000th Interest in a Share of New York Stock Exchange Floating Rate Non-Cumulative Preferred Stock, Series D 5.793% Fixed-to-Floating Rate Normal Automatic Preferred Enhanced New York Stock Exchange Capital Securities of Goldman Sachs Capital
    [Show full text]
  • Sustainable Finance: the Imperative and the Opportunity
    SUSTAINABLE FINANCE THE IMPERATIVE AND THE OPPORTUNITY Goldman Sachs 2019 Sustainability Report Goldman Sachs 2019 Sustainability Report CONTENTS 03 INTRODUCTORY LETTER 05 RAISING OUR COMMITMENT, EXECUTING OUR PLAN 10 21 33 ACCELERATING THE DRIVING INCLUSIVE MANAGING CLIMATE TRANSITION GROWTH OUR FIRM 11 Innovative Approach to Financing 22 Driving Financial Inclusion 34 Expanding Diversity and Inclusion, Climate Transition Supporting Our People 24 Advancing Diversity and Inclusion — 14 Deploying Capital to Advance the A Commercial Imperative 37 Enabling Our People to Do Their Best Work Circular Economy 26 Investing in Communities 38 Engaging Our People to Drive Impact 15 Investing to Scale Clean Technologies 27 Innovative Financing Approaches 39 Reducing Our Operational Impacts 16 Sustainable Food and Agriculture 28 Investing in Philanthropy to Drive 43 Managing Risks 17 Differentiated ESG Investing Strategies Global Growth 20 Advancing the Ecosystem 46 METRICS 49 RECOGNITION 51 SASB INDEX 56 TCFD APPENDIX 2 Goldman Sachs 2019 Sustainability Report Introductory Letter (from left to right) John E. Waldron President and Chief Operating Officer David M. Solomon Chairman and Chief Executive Officer Stephen M. Scherr Chief Financial Officer FELLOW SHAREHOLDERS, This report arrives in the midst of crisis. The coronavirus pandemic has already had a devastating impact on societies around the world. We have seen historic levels of jobless claims, record volatility in the markets, and unprecedented disruption to all aspects of our day-to-day lives. While so much remains uncertain about the course of the virus, what is clear is that we will be dealing with its effects for many months, and likely much longer. Crisis periods like these are painful to experience but underscore the importance for all firms of managing across a broad variety of risk factors while advancing long-term opportunities.
    [Show full text]
  • A Brief History of Goldman Sachs
    A Brief History of Goldman Sachs Established 1869 In 1869, a German immigrant named Marcus Goldman moved to New York City with his family and opened a one-room basement office next to a coal chute at 30 Pine Street in Lower Manhattan. During a period of tight and expensive bank credit, Goldman offered the local merchants an alternative. He would purchase their promissory notes and then sell the notes to New York’s commercial banks, becoming a pioneer in what became known as the commercial paper business. With the addition of his son-in-law, Samuel Sachs, in 1882, and his son, Henry Goldman, in 1885, Marcus Goldman’s enterprise became a partnership with a new name: Goldman, Sachs & Co. By the time the firm joined the New York Stock Exchange in 1896, Goldman Sachs was a leader in commercial paper sales. As the firm’s clients grew in number, it opened offices in Boston and Chicago (1900), San Francisco (1918), and Philadelphia and St. Louis (1920), becoming a national firm. In 1897, Goldman Sachs established relationships with financial firms in major European capitals, providing an array of services that included foreign exchange, letters of credit, gold shipments and arbitrage. In the early 1900s, as clients increasingly needed larger amounts of long-term capital, the firm began to establish its investment banking business. In two of the firm’s first public transactions— initial stock offerings for General Cigar and Sears Roebuck, both in 1906—Goldman Sachs broke new ground in making equity and debt securities more attractive to investors.
    [Show full text]
  • Dr. Emil E. Camerer
    Eighteen hundred and seventy-two was a leap year. Perhaps it Path One The Sachs Collegiate Institute, was providential that Dwight’s forefather school was founded Circa 1872 that year, as Dwight has often been ahead of the curve with Dr. Julius Sachs was the first pioneer in educational innovations that, no doubt, required a “leap of Dwight’s lineage. He founded The Sachs School for Boys and its upper level exten- faith” at those moments in time. History has proven that such sion, The Sachs Collegiate Institute, 140 decisions helped to pave the way for others to follow suit. years ago at 32nd Street and Broadway. Later, he opened The Sachs School for Manhattan Mosaic Girls in 1891. The Institute made its mark Tracing Dwight’s roots reveals that there were actually two ancestor schools that as an elite private school that readied ultimately joined forces to become the Dwight we know today. These schools — The many of its students to attend Harvard at Sachs Collegiate Institute and The New York School of Languages — evolved over the early age of sixteen. time, changed their names, broadened their student bodies, and crisscrossed the East Dr. Sachs, whose parents were Ger- and West Sides of Manhattan before converging in our permanent home at 18 West man immigrants, followed in his father’s 89th Street. footsteps by becoming a teacher. He at- Each school, or piece in this mosaic, has its own story to tell. Together, they form our tended Columbia, received his PhD from collective history. Join us on a journey down two paths to personalized learning that Germany’s Rostok University, spoke ran parallel for many years before overlapping.
    [Show full text]
  • The Multibillion International Bribery and Corruption Scandal: Where Was the Oversight? Cody Crance Valdosta State University
    Journal of Business Cases and Applications Volume 27 The Multibillion International Bribery and Corruption Scandal: Where was the Oversight? Cody Crance Valdosta State University Raymond J. Elson Valdosta State University ABSTRACT $6.5 billion! This is the amount of the multibillion-dollar international fraud allegedly masterminded by a flamboyant financier with a taste for Hollywood and aided by bankers from a leading global investment banking, securities and investment management firm (the firm). The assets were misappropriated from a Malaysian investment fund and used to purchase original artwork and diamond necklaces, to finance a Hollywood blockbuster movie, to provide gifts to celebrities, and other luxurious items. Federal prosecutors obtained guilty pleas on bribery and money laundering charges from at least one of the bankers and filed charges against the financier and other bankers. The case discusses the fraud and the various participants in both the US and Malaysia and the role played by firm management in allowing the fraud to occur. Keywords: fraud, international bribery, corporate scandal, corruption, oversight Copyright statement: authors retain the copyright to the manuscripts published in aabri journals. Please see the aabri copyright policy at http://www.aabri.com/copyright.html The Multinational International Bribery, Page 1 Journal of Business Cases and Applications Volume 27 INTRODUCTION The news headline was very clear, “Goldman Sachs has worst day for seven years as Malaysian fraud concerns grow” Fraud? Yes, of approximately $6.5 billion. The funds were used for extravagant parties, to purchase yachts and expensive jewelry, to entertain Hollywood celebrities, and to finance the 2013 movie “The Wolf of Wall Street” How could this leading global firm which was established over 150 years ago be linked to this type of scandal? A discussion of the parties involved, and the alleged misappropriation might provide clarity.
    [Show full text]
  • What Happened to Goldman Sachs: an Insider’S Story of Organizational Drift and Its
    What Happened to Goldman Sachs: An Insider’s Story of Organizational Drift and its Unintended Consequences Steven G. Mandis Submitted in partial fulfillment of the requirements for the degree of Doctor of Philosophy in the Graduate School of Arts and Science COLUMBIA UNIVERSITY 2014 ©2013 Steven G. Mandis All Rights Reserved Abstract What Happened to Goldman Sachs: An Insider’s Story of Organizational Drift and its Unintended Consequences Steven G. Mandis This is the story of the slow evolution of Goldman Sachs – addressing why and how the firm changed from an ethical standard to a legal one as it grew to be a leading global corporation. In What Happened to Goldman Sachs, Steven G. Mandis uncovers the forces behind what he calls Goldman’s “organizational drift.” Drawing from his firsthand experience; sociological research; analysis of SEC, congressional, and other filings; and a wide array of interviews with former clients, detractors, and current and former partners, Mandis uncovers the pressures that forced Goldman to slowly drift away form the very principles on which its reputation was built. Mandis evaluates what made Goldman Sachs so successful in the first place, how it responded to pressures to grow, why it moved away from the values and partnership culture that sustained it for so many years, what forces accelerated this drift, and why insiders can’t – or won’t – recognize this crucial change. Combining insightful analysis with engaging storytelling, Mandis has written an insider’s history that offers invaluable perspectives to business leaders interested in understanding and managing organizational drift in their own firms.
    [Show full text]
  • 1 Loneliness
    9781586487492-1cx_PublicAffairs 6.125 x 9.25 3/15/10 2:50 PM Page 3 ላ 1 ሌ Loneliness Exiled, wandering, dumbfounded by riches, Estranged among strangers, dismayed by the infinite sky, An alien to myself until at last the caste of the last alienation. —Delmore Schwartz, “Abraham” IMMIGRANTS The Jewish encounter with America began with two dozen refugees setting foot in New Amsterdam, the city on the Hudson River soon to be renamed New York, in 1654. No red carpet greeted them. Governor Peter Stuyvesant wished these members of what he called “the deceitful race” and “blasphe- mers of the name of Christ” to leave. He was overruled by the directors at the Dutch West India Company in Amsterdam. The newcomers stayed and were soon joined by brethren who established communities in Philadelphia, Newport, Charleston, and Savannah. A hundred or so American Jews fought in the Revolutionary War on behalf of a country unique in history, a country that from its very inception guaranteed the free exercise of religion. In the not-so-distant past, the Jews of Europe had lived at the whim of their hosts, who could—and did— revoke Jews’ residential rights at any time. Jews had been expelled from Vienna in 1670 and from Prague in 1744. They were commonly seen— and saw themselves—as temporary settlers, as tolerated strangers. Resigned to political powerlessness, they learned to dwell in Jewish tradition itself, poet Heinrich Heine said, as a “portable homeland.” George Washington, by contrast, assured the Jews of Newport that the U.S. government, dedi- cated to religious tolerance, “gives to bigotry no sanction, to persecution no assistance.” 3 From “Running Commentary” by Benjamin Balint.
    [Show full text]