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Goldman Sachs Bonuses

Playing the Hand that Life Deals You

Don McNay | Posted 11.17.2011 | Healthy Living
Don McNay

I've dealt with hundreds of parents of special needs children. They take the hand that is dealt to them. And usually turn that hand into aces.

Hank Paulson Fleeced the American Taxpayers in Order to Save Them

Sheldon Filger | Posted 05.25.2011 | Business
Sheldon Filger

Paulson's posture has been consistently maintained by the "masters of the universe" since the onset of the economic crisis: privatize the profits (especially after radical deregulation) but socialize all losses.

Wall Street: Long Arrogance, Short Humility

Jill Schlesinger | Posted 05.25.2011 | Business
Jill Schlesinger

Humility won't eradicate years of arrogance, but along with some much needed regulatory reform, it would go a long way to help all of us move beyond this painful period.

Palin-Mania: How Goldman Sachs Robbed Us While We Obsessed About Sarah Palin

Peter Daou | Posted 05.25.2011 | Politics
Peter Daou

Goldman's greed is being rewarded at our expense while the media, punditocracy, and online commentariat rail against a soon to be ex-Governor of Alaska.

Goldman Sachs Earns $3.44B In Q2 Profits, Exceeding Expectations

AP | STEPHEN BERNARD | Posted 05.25.2011 | Business

NEW YORK — Goldman Sachs is emerging as the king of post-meltdown Wall Street. Already the nation's most powerful financial company before the ...

Is Goldman Sachs One Big Credit Porfilio?

The Big Picture | Posted 05.25.2011 | Business

Now that Goldman Sachs is a commercial bank comes a new set of public reporting requirements. One of these public reports is linked above, and below i...

Goldman Earnings: Unfair Advantage or Trading Prowess?

Jill Schlesinger | Posted 05.25.2011 | Business
Jill Schlesinger

Goldman Sachs has benefited from a lack of competition: with fewer players in the game, spreads have been wider, allowing for more robust profits for those who have the wherewithal to enter the game.

Goldman Spy Case: Bank Frets Over 'Doomsday Machine' Trading Codes

bloomberg.com | Jonathan Weil | Posted 05.25.2011 | Business

July 9 (Bloomberg) -- Never let it be said that the Justice Department can't move quickly when it gets a hot tip about an alleged crime at a Wall Stre...

Wall Street Pay Approaches 2007's Record Highs

The Wall Street Journal | AARON LUCCHETTI | Posted 05.25.2011 | Business

Financial markets are recovering and the jostling for talent is intensifying as securities firms once again are making money -- and they look set to s...

Goldman Responds To Taibbi's Takedown

Reuters | Posted 05.25.2011 | Business

I just got off the phone with Lucas van Praag, the top flack at Goldman Sachs, who called Matt Taibbi's piece on the bank "hysterical". He also sent m...

When the Goldman Sachs Boys Celebrate, My Fury Meter Goes Way Up

Adam Hanft | Posted 05.25.2011 | Business
Adam Hanft

Don't you think there's something massively wrong with these Masters of Arrogance paying off their debt with a little bit of interest, puffing out their chests to their former levels of self-inflation, and re-commencing their old ways, albeit with a bit less recklessness?

Goldman Sachs Counts on Society's Implicit Stop-Loss Order

Nassim Nicholas Taleb | Posted 05.25.2011 | Business
Nassim Nicholas Taleb

So long as Goldman Sachs may need us again in the future, whatever bonus they are paying today is a bonus that may be covered by the taxpayer tomorrow.

Goldman Sachs Planning To Return TARP Money: "Impossible To Run Our Business In This Environment"

NY Times | ANDREW ROSS SORKIN | Posted 05.25.2011 | Business

Any good news these days -- not that there is much -- seems to come with an asterisk. The market is popping, but, as some bears ask, is it just a setu...

Should Obama Stop Trusting Geithner's Advice?

Miles Mogulescu | Posted 05.25.2011 | Politics
Miles Mogulescu

If the American people come to see the Obama administration as complicit in Wall Street's unethical behavior, then Obama's entire economic program could end up in shambles.

Goldman Sachs Chiefs Give Up Bonuses: Last Year Blankfein Took $70 Million

Bloomberg | Posted 05.25.2011 | Business

Goldman Sachs Group Inc., the firm that set a record for Wall Street pay last year, became the first U.S. bank to scrap 2008 bonuses for senior office...

"Give Me Your Tired, Your Poor... Well, Maybe Not"

Brett Ashley McKenzie | Posted 05.25.2011 | Business
Brett Ashley McKenzie

Just across the river from the Statue of Liberty's promise of welcome, the tired and poor are not even an afterthought.

Broken Securities Industry Still Has $20 Billion To Pay In Bonuses

Bloomberg News | Posted 05.25.2011 | Business

Five straight quarters of losses and a 70 percent slide in its stock this year haven't stopped Merrill Lynch & Co. from allocating about $6.7 billion ...

Bonus Time: You Give, Wall St. Takes

Robert Reed | Posted 05.25.2011 | Chicago
Robert Reed

Yuletide Cheer is rare, except on Wall Street, which is licking its collective chops in anticipation of yet another round of big annual payouts.

Goldman Cuts Corners By Depriving Junior Execs Of Flying Business Class

New York Post | Mark DeCambre with Zachery Kouwe | Posted 05.25.2011 | Business

Goldman Sachs has been best of breed among its mortgage-mangled brethren, but even it is starting to feel the pinch of a slackening deal flow, which h...

Wall Street Bonuses Surge 14 Percent Despite Dismal Earnings

AP | Joe Del Bruno | Posted 05.25.2011 | Business

This might have been one of Wall Street's most dismal years in a decade, but that hasn't stopped bonus checks from rising an average of 14 percent. F...