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A former banker at Goldman Sachs, where he had worked for more than twenty-five years, he was a close friend of Jon Corzine, the deposed Goldman boss who had gone on to become governor of New Jersey.19 Many loans went to dictatorial or corrupt regimes, with little likelihood of ever being repaid. Today, many companies arehuge, often employing tens of thousands of workers or even millions of them all over the world. In October 2010, TRW began trying another cost-savings tack: It sent the dwindling number of retirees yet another audit death.
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