...he wore a plastic bracelet bearing the slogan "Not on our watch."Robert B. Zoellick said today that he will leave his post as the deputy secretary of state and return to the private sector to work with the New York investment bank, Goldman Sachs.Hauser/NYTimes 19.Jun.06
Mr. Zoellick spent about 15 months as deputy to Secretary of State Condoleezza Rice, focusing on a range of diverse diplomatic tasks from Sudan peace talks to strategic talks with China.
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"His extensive knowledge of international affairs will be of great importance to the firm as we continue to expand our business around the world," said Lloyd C. Blankfein, president and chief operating officer of The Goldman Sachs Group, Inc.
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"He will bring much-needed credibility to the economic message to hard-working Americans," the Democrat Max Baucus saidThe head of investment bank Goldman Sachs has been given the green light by the US Senate to be the country's next treasury secretary.Aljazeera.Net 29.Jun.06
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No opposition was voiced to Paulson during the Senate debate and his nomination has been welcomed by both Democrats and Republicans.
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Paulson is a multi-millionaire, with a personal wealth estimated at $700 million and says he will sell about $500 million of Goldman Sachs stock if confirmed as treasury secretary.