Goldman Sachs Group Inc

Why Another Major Collapse Is Still Possible

Bloomberg View | Matthew Schoenfeld | Posted 06.01.2012

Read More: Dodd-Frank Act, Goldman Sachs Group Inc., Credit Derivatives, Video, Wall Street, American International Group, Societe Generale SA, Bank Bailout, Deutsche Bank AG, Business News

Bloomberg View: The near-failure of insurance firm American International Group Inc. (AIG) in 2008 was arguably the most perilous moment of the glo...

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Don't Underestimate The Vampire Squid

AP | CHRISTINA REXRODE | Posted 04.17.2012

Read More: Earnings, Video, Dividend, Wall Street, Investment, Reuters, Trading Revenue, Banks, Goldman Sachs Group Inc, Business News

NEW YORK — On the surface, Goldman Sachs had a triumphant first quarter. By one popular measure, its profit more than doubled, and the bank anno...

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Ann Romney's Blind Trust Invested In Controversial Sex Site Via Goldman

Reuters | Posted 04.03.2012

Read More: Conflicts of Interest, Prostitution, Video, Ann Romney, 2012 Election, Reuters, Village Voice Media, Mitt Romney, Sex Trafficking, Goldman Sachs Group Inc, Backpage.com, GS Capital Partners III, Business News

By Greg Roumeliotis NEW YORK, April 2 (Reuters) - A blind trust in the name of Ann Romney, wife of Republican U.S. pre...

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GE Ordered To Defend Lawsuit Alleging It Misled Investors During Crisis

Reuters | Posted 03.13.2012

Read More: General Electric, Debt, Stock Price, Citigroup Inc, Goldman Sachs Group Inc, Jeff Immelt, Berkshire Hathaway, Video, Morgan Stanley, Bailout, Reuters, Loans, Financial Crisis, JPMorgan Chase & Co, Bank of America Corp, Deutsche Bank AG, Ge, Business News

(Adds details from lawsuit, background, bylines) * GE accused of overstating health during financial crisis * Judge allo...

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Wall Street Job Cuts May Hurt National Labor Market

Posted 12.22.2011

Read More: Trimtabs, Wages, Labor Department, Bank of America-Merrill Lynch, Jobs, Jobs Market, Johnson Associates and Options Group, Goldman Sachs Group Inc, Layoffs, Job Market, Labor Market, Video, Stock Indexes, Unemployment, Morgan Stanley, Job Cuts, Wall Street, Jobless Claims, JPMorgan Chase & Co, Bonuses, Business News

As Wall Street traders cheered positive jobs data on Thursday, they seemed to ignore layoffs and bonus cuts on their own trading floors that will ...

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Jon Corzine Disputes Notion He Knew About Misused Customer Funds

AP | DANIEL WAGNER and MARCY GORDON | Posted 02.14.2012

Read More: Goldman Sachs Group Inc., Customer Funds, Jon Corzine, Video, Bankruptcy, CME Group Inc, MF Global, House Financial Services Oversight and Investigations Subcommittee, Regulators, U.S. Treasury Security, Federal Reserve Bank of New York, Lawmakers, Commodity Futures Trading Commission, Justice Department, Terrence Duffy, Business News

WASHINGTON — Jon Corzine's three days of testimony on MF Global's collapse offered little to satisfy lawmakers or clients who lost millions when...

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Senators To Grill Regulators On MF Global Collapse

Posted 12.01.2011

Read More: House Hearing, Senate Hearing, Jon Corzine, Commodity Futures Trading Commission Chairman Gary Gensler, Dodd-Frank Financial Overhaul, MF Global, Chicago Mercantile Exchange, Commodity Futures Trading Commission, Securities and Exchange Commission, Goldman Sachs Group Inc, Senate Agriculture Committee, Video, Business News

Senators plan to press regulators on Thursday on whether they were asleep at the switch as now-bankrupt MF Global took on massive risky bets, and ...

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BofA Shares Drop To Lowest Level In More Than Two Years

Posted 12.03.2011

Read More: European Debt Crisis, Morgan Stanley, Citigroup Inc, Albion Financial Group, KBW Bank Index, Economic Recovery, Jason Goldberg, Goldman Sachs Group Inc, Bank of America Corp, Business News

Bank of America Corp shares fell nearly 8 percent to their lowest level since March 2009 as investors worried that a slowing domestic economy and ...

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Goldman May Cut More Jobs Than Previously Indicated

Posted 11.27.2011

Read More: Layoffs, Chief Financial Officer David Viniar, Video, Benefits, Morgan Stanley, Wall Street, Compensation, Goldman Sachs Group Inc, New York Stock Exchange, Investment Banking, Job Cut, Business News

Goldman Sachs Group Inc may cut $1.45 billion in expenses by year's end, $250 million more than it indicated in July, in a move that could lead to...

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Wall Street Bankers 'Answer Call' Of New Careers

Reuters | Lauren Tara LaCapra | Posted 10.17.2011

Read More: Layoffs, Credit Suisse Group AG, Barclays Plc, Unemployment, Morgan Stanley, Wall Street, Theology, Vocation, Financial Crisis, Bankers, Goldman Sachs Group Inc, Federal Reserve Bank of New York, UBS AG, Business News

(Reuters) - In his 23 years as a banker, Adam Greene trotted the globe, closing billions of dollars' worth of deals for some of the world's biggest ba...

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This Year's Kings Of Corporate Layoffs

24/7 Wall St. | JON C. OGG | Posted 10.10.2011

Read More: Layoffs, Goldman Sachs Group Inc., Delta Air Lines Inc., Gdp, U.S. Debt Crisis, Wall Street, Great Recession, Cisco, Economic Recovery, Borders, S&P, U.S. Credit Downgrade, Business News

From 24/7 Wall St.: Financial markets have been reeling as investors grow more concerned about the economy: An S&P downgrade of the full faith and cre...

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Goldman Sachs Misses Profit Expectations

Posted 09.18.2011

Read More: Lloyd Blankfein, Earnings, u.s. Investment Bank, Commodities, Wall Street, Revenue, Currency, Economic Recovery, Expenses, Goldman Sachs Group Inc, Business News

Goldman Sachs Group Inc's net income rose during the second quarter but fell short of lowered market expectations as fixed income trading revenue ...

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HSBC Latest Europe Bank To Make Big Staff Cuts

Posted 08.30.2011

Read More: Credit Suisse Group AG, 2008 Financial Crisis, Lloyds Banking Group Plc, Retail Distribution Review, Wall Street, Trading Woes, Regulation, Economic Recovery, Banco Popolare, Goldman Sachs Group Inc, Trade Union Unite, HSBC Holdings Plc, Business News

LONDON (Sarah White and Steve Slater) - HSBC Holdings Plc is poised to axe about 700 jobs in its UK retail bank arm, as swingeing staff cuts begin...

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More Examiners Will Now Work At Companies They Regulate

Wall Street Journal | AARON LUCCHETTI | Posted 08.20.2011

Read More: Credit Suisse Group AG, Citigroup Inc., Goldman Sachs Group Inc., Barclays Plc, Embeds, Morgan Stanley, Bank of America Corp., J.P. Morgan Chase & Co., Office of the Comptroller of the Currency, Lloyd C. Blankfein, Wall Street Banks, Regulators, Bank of New York Mellon Corp., Federal Reserve Bank of New York, Deutsche Bank AG, UBS AG, Business News

As part of a push to prevent another financial crisis, the Federal Reserve Bank of New York and the Office of the Comptroller of the Currency are incr...

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SEC After Goldman Over Libya Dealings

Posted 08.09.2011

Read More: Och-Ziff Capital Management Group, Libya, JPMorgan Chase, Muammar Gaddafi, Carlyle Group, Foreign Corrupt Practices Act, Sec, Securities and Exchange Commission, Goldman Sachs Group Inc, Wall Street Journal, Video, Business News

The Securities and Exchange Commission is examining whether Goldman Sachs Group Inc and some other financial companies violated bribery laws in de...

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Goldman Employee Remains Sole Person Prosecuted Over Mortgage Fraud

New York Times | LOUISE STORY and GRETCHEN MORGENSON | Posted 08.01.2011

Read More: G. Oliver Koppell, Fabrice Tourre, Wall Street, Bank of America Corporation, Abacus, The New York Times, Sec, Securities and Exchange Commission, Goldman Sachs Group Inc, American International Group Inc, Deutsche Bank AG, Business News

At the height of the housing boom, the 26th floor of Goldman Sachs’s former headquarters on Broad Street in Lower Manhattan was the nerve center of ...

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TARP Repayment: Treasury Says 10 Banks Get To Payback $68B

AP | DANIEL WAGNER and STEVENSON JACOBS | Posted 05.25.2011

Read More: Tarp, American Express, Goldman Sachs Group Inc., JPMorgan Chase, Tarp Bailout, Troubled Asset Relief Program, Federal Reserve, Bank Bailout, U.S. Bancorp., Business News

WASHINGTON - The Treasury Department has approved 10 of the nation's largest banks to repay $68 billion in government bailout money. The department o...

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