JON Corzine, the Former Co-Chairman of Goldman Sachs, Has a Warning for Investors Who Believe the Stock Market's Performance Heralds an Imminent Economic Recovery. "We Have to Get There First," the Eminent Investment Banker Turned Democratic Party Senator Says

Sunday Business (London, England), November 4, 2001 | Go to article overview

JON Corzine, the Former Co-Chairman of Goldman Sachs, Has a Warning for Investors Who Believe the Stock Market's Performance Heralds an Imminent Economic Recovery. "We Have to Get There First," the Eminent Investment Banker Turned Democratic Party Senator Says


JON Corzine, the former co-chairman of Goldman Sachs, has a warning for investors who believe the stock market's performance heralds an imminent economic recovery. "We have to get there first," the eminent investment banker turned Democratic party senator says.

Even for someone who led a Wall Street giant through some turbulent years, the events of the past 12 months have been extraordinary. A hung presidential election; a divided Congress; huge income tax cuts; recession; the horrifying events of 11 September. All have refocused America's attention from Wall Street to Washington.

Corzine might be new to the ways of Washington, but years of working on Wall Street have prepared him for the intrigues of power politics, big numbers and bigger egos. But Corzine's 2000 election campaign achieved notoriety because he spent a record $60m of his own money to win office. Since then, the affable senator has been re-establishing his credentials as an economist and financial manager for a different constituency.

The 54-year-old has been named to the budget committee and speaks in the Democratic caucus on economic matters. His first target was to try and undo the tax cuts programme proposed by George W Bush to stimulate consumer demand, which accounts for around two-thirds of gross domestic product.

"The consensus is that we are in a measurable recession," he said. …

The rest of this article is only available to active members of Questia

Already a member? Log in now.

Notes for this article

Add a new note
If you are trying to select text to create highlights or citations, remember that you must now click or tap on the first word, and then click or tap on the last word.
One moment ...
Default project is now your active project.
Project items

Items saved from this article

This article has been saved
Highlights (0)
Some of your highlights are legacy items.

Highlights saved before July 30, 2012 will not be displayed on their respective source pages.

You can easily re-create the highlights by opening the book page or article, selecting the text, and clicking “Highlight.”

Citations (0)
Some of your citations are legacy items.

Any citation created before July 30, 2012 will labeled as a “Cited page.” New citations will be saved as cited passages, pages or articles.

We also added the ability to view new citations from your projects or the book or article where you created them.

Notes (0)
Bookmarks (0)

You have no saved items from this article

Project items include:
  • Saved book/article
  • Highlights
  • Quotes/citations
  • Notes
  • Bookmarks
Notes
Cite this article

Cited article

Style
Citations are available only to our active members.
Buy instant access to cite pages or passages in MLA, APA and Chicago citation styles.

(Einhorn, 1992, p. 25)

(Einhorn 25)

1. Lois J. Einhorn, Abraham Lincoln, the Orator: Penetrating the Lincoln Legend (Westport, CT: Greenwood Press, 1992), 25, http://www.questia.com/read/27419298.

Cited article

JON Corzine, the Former Co-Chairman of Goldman Sachs, Has a Warning for Investors Who Believe the Stock Market's Performance Heralds an Imminent Economic Recovery. "We Have to Get There First," the Eminent Investment Banker Turned Democratic Party Senator Says
Settings

Settings

Typeface
Text size Smaller Larger Reset View mode
Search within

Search within this article

Look up

Look up a word

  • Dictionary
  • Thesaurus
Please submit a word or phrase above.
Print this page

Print this page

Why can't I print more than one page at a time?

Help
Full screen

matching results for page

    Questia reader help

    How to highlight and cite specific passages

    1. Click or tap the first word you want to select.
    2. Click or tap the last word you want to select, and you’ll see everything in between get selected.
    3. You’ll then get a menu of options like creating a highlight or a citation from that passage of text.

    OK, got it!

    Cited passage

    Style
    Citations are available only to our active members.
    Buy instant access to cite pages or passages in MLA, APA and Chicago citation styles.

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn, 1992, p. 25).

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn 25)

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences."1

    1. Lois J. Einhorn, Abraham Lincoln, the Orator: Penetrating the Lincoln Legend (Westport, CT: Greenwood Press, 1992), 25, http://www.questia.com/read/27419298.

    Cited passage

    Thanks for trying Questia!

    Please continue trying out our research tools, but please note, full functionality is available only to our active members.

    Your work will be lost once you leave this Web page.

    Buy instant access to save your work.

    Already a member? Log in now.

    Oops!

    An unknown error has occurred. Please click the button below to reload the page. If the problem persists, please try again in a little while.