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Goldman Sachs Profits

Goldman Sachs Profit Tanks

AP | By The Associated Press | Posted 03.18.2014 | Business

Goldman Sachs reported Thursday that its fourth-quarter profit dropped 21 percent as revenue from mortgages and trading in bonds and other securities ...

Goldman Sachs Profit Doubles

Reuters | Posted 07.16.2013 | Business

* 2nd-qtr EPS $3.70/shr vs $1.78 year earlier * Analysts had expected earnings of $2.82/shr * Revenue investing and lend...

Goldman Sachs' Earnings Beat Forecasts

AP | By CHRISTINA REXRODE | Posted 06.16.2013 | Business

NEW YORK (AP) — Goldman Sachs reported what seemed like a good first quarter, but analysts were more concerned about the bank's future than the past...

Goldman Sachs CEO's Pay Drops Even As Profits Soar

AP | Posted 06.12.2013 | Business

NEW YORK — Goldman Sachs Chairman and CEO Lloyd Blankfein's total compensation fell 18 percent last year to $13.3 million as the value of his st...

Bad News For Goldman

AP | PALLAVI GOGOI | Posted 09.16.2012 | Business

NEW YORK — Another tough quarter, another reminder for Goldman Sachs that it's not just its reputation that's under attack. The once-mighty inv...

Conflicts: No Ambiguity

Peter J. Solomon | Posted 06.02.2012 | Business
Peter J. Solomon

In The Partnership: The Making of Goldman Sachs, Lloyd Blankfein defines Goldman Sachs' view of conflicts, but his concept of the relationship between an advisor and its clients is alien to the tenets of trust and fiduciary obligations.

Goldman Scandal

Jeff Danziger | Posted 05.15.2012 | Politics
Jeff Danziger


Finally, a Goldman Sachs Executive Speaks the Truth

John R. Talbott | Posted 05.14.2012 | Business
John R. Talbott

I was pleasantly surprised this morning to read in the New York Times an op-ed piece by Greg Smith, who had decided to leave Goldman Sachs on moral grounds. As another alumnus, I wanted to tell Greg that he is not alone in his feelings.

Goldman Sachs Employees On Bonus Day: 'It's A Bloodbath'

The Huffington Post | Bonnie Kavoussi | Posted 01.20.2012 | Business

Reports are creeping out that yesterday's bonus day wasn't all fun and games at America's most iconic investment bank. Goldman's profits fell in 2...

Goldman Sachs Barely Able To Muster A Billion Dollars In Profit

AP | PALLAVI GOGOI | Posted 03.19.2012 | Business

NEW YORK — Wall Street isn't used to being underwhelmed by Goldman Sachs. But even the powerhouse investment bank, which usually posts stellar ...

How Goldman Sachs' Bet on Obama Paid Off

Preeti Vissa | Posted 10.31.2011 | Politics
Preeti Vissa

Goldman Sachs has made a lot of bets that paid off handsomely over the years. One of the firm's biggest bets has been on Barack Obama, and that bet seems to be paying off too.

Goldman Sachs, the Tallest Midget in the Room

Charles Gasparino | Posted 06.19.2011 | Business
Charles Gasparino

As much as the big banks want you to think that they're the heart of our free market system, they're not. In fact they never have been. For decades they've been feasting off of subsidies and mini-bailouts at the expense of everyone else.

Shahien Nasiripour

GOLDMAN UNDER FIRE: Megabank Reveals New Information On Trading Activities | Shahien Nasiripour | Posted 05.25.2011 | Business

Wall Street giant Goldman Sachs generated at least 18 percent of its revenues last year through trading and investing for its own benefit, according t...

William Alden

Goldman, Banks To See Dismal Third Quarter, Analysts Predict | William Alden | Posted 05.25.2011 | Business

After pulling in their biggest haul in three years last quarter, bank profits have hit a wall in the first two weeks of September, The Financial Time...

Goldman Sachs' 'Top Trades' Lost Clients Money - But Bank's Own Trades Were Perfect | Ye Xie | Posted 05.25.2011 | Business

May 19 (Bloomberg) -- Goldman Sachs Group Inc. racked up trading profits for itself every day last quarter. Clients who followed the firm's investmen...

Lead SEC-Goldman Counsel Richard Simpson Is 'Relentless'

Diane Tucker | Posted 05.25.2011 | Business
Diane Tucker

"Richard Simpson is a relentless litigator who brought the Antar clan to its knees," Sam E. Antar told me on the phone today. Sam is the cousin of Cr...

Warren Buffett Defends Goldman Sachs As Berkshire Posts A Profit

AP | JOSH FUNK | Posted 05.25.2011 | Business

OMAHA, Nebraska — Berkshire Hathaway CEO Warren Buffett declared his support for Goldman Sachs Group Inc. CEO Lloyd Blankfein Saturday, and said he ...

Who Will Pay: Wall Street or Main Street , The Tobin Tax or the VAT?

Ellen Brown | Posted 05.25.2011 | Politics
Ellen Brown

Wall Street banks have been saved from bankruptcy by governments that are now going bankrupt themselves; but the banks are not returning the favor. Wall Street needs to be made to pay its fair share, but how?

Coloradans Challenging Wall Street on Main Street This Week

T.A. Taylor-Hunt | Posted 05.25.2011 | Denver
T.A. Taylor-Hunt

The sidewalk outside the Wells Fargo Bank office at 17th & Broadway in Denver will host two Main Street actions in support of strong financial reform legislation in the U.S. Senate.

Shahien Nasiripour

Goldman Sachs Earnings: Bank's Profit Skyrockets To $3.5 Billion For First 3 Months Of Year | Shahien Nasiripour | Posted 05.25.2011 | Business

Goldman Sachs, which is now accused by government regulators of defrauding investors, nearly doubled its income in the first quarter to nearly $3.5 bi...

Analysts Bullish On Goldman's Stock, Citing Political Relationships

AP | Posted 05.25.2011 | Business

NEW YORK — Shares of Goldman Sachs Group Inc. turned positive Monday, having spent most of the trading session down slightly following Friday's ...

The Times Story On Goldman's Role in AIG's Downfall Is More Damning When Placed In Context

David Fiderer | Posted 05.25.2011 | Business
David Fiderer

Placed in a broader context, the front page story The New York Times is even more damning of Goldman Sachs than readers might realize. Goldman played...

Matt Osborne | Posted 05.25.2011 | Politics
Matt Osborne


Goldman Sachs Earnings: Bank's 4Q Profits Hit $4.8 BILLION

AP | STEVENSON JACOBS | Posted 05.25.2011 | Business

NEW YORK — Goldman Sachs Group Inc. responded to intense criticism of big Wall Street paychecks by putting less money into its bonus pool, a mov...

MBAs: Goldman Sachs Still A Top-Choice Destination For New MBAs | Oliver Staley | Posted 05.25.2011 | Business

The bank's reputation remains strong among aspiring MBAs. It was ranked the fourth-most-desirable place to work in a survey of 6,207 MBA candidates at...