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Goldman Sachs' Hu may join China central bank

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  • Goldman Sachs' Hu may join China central bank

    http://www.marketwatch.com/story/gol...ank-2010-03-25

  • #2
    Re: Goldman Sachs' Hu may join China central bank

    Officially that'll be quite a pay cut for him.

    Unofficially...well...;)

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    • #3
      Re: Goldman Sachs' Hu may join China central bank

      nah he's doing it as a public service, its the ultimate goal of all Goldman employees

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      • #4
        Re: Goldman Sachs' Hu may join China central bank

        Originally posted by marvenger View Post
        nah he's doing it as a public service, its the ultimate goal of all Goldman employees
        Yah, there is a rather fine line between "giving something back" and "sticking it to us"...just ask Phil Gramm

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        • #5
          Re: Goldman Sachs' Hu may join China central bank

          Originally posted by GRG55 View Post
          Yah, there is a rather fine line between "giving something back" and "sticking it to us"...just ask Phil Gramm
          This didn't take long. The financial industry is hard at work in China.

          http://online.wsj.com/article/SB1000...092271360.html

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          • #6
            Re: Goldman Sachs' Hu may join China central bank

            Its all JV's in china, to get the technology in, to get the production system vertically integrated to keep productivity gains in the country. Western JV partners gain massive in the short term but I'm not so sure in the long term. Will be interesting to see how finance goes.

            http://www.forbes.com/global/2007/0326/024.html
            http://www.airbus.com/en/presscentre...anjin_fal.html

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