Goldman Sachs CEO Lloyd Blankfein has a lot to be thankful for this year. But among it all, he and other Wall Stree CEOs don't seem especially thankful for the American people.
We should give strong consideration to nationalizing the largest banks in order to run them like public utilities. We also should consider placing banking employees into the civil service system to end the ridiculous wage distortions.
Why is Summers once again running the show with Geithner when both have made careers of exhibiting total contempt for the public interest? Because there's no accountability for the high rollers of finance.
Did Goldman Sachs dissemble and equivocate in its responses to the New York Times?
If the Obama team wants to earn back some goodwill concerning the banks, they have to do better than the lame excuse of "we had to do it." They didn't have to do it this way. There were many other possibilities.
Operating a business on Main Street is a lot different than lecturing at the Harvard Economic Club. The team Obama surrounded himself with has spent way more time in a faculty lounge than in the corner barber shop.
We have to wonder if the US had taken Hummer, especially with its dependence on the military version, and turned it into a government-owned operation, would the US benefit?
The extravagant offerings in Neiman Marcus' 83rd annual catalog do not disappoint. Restrictions and exclusions apply to Goldman Sachs employees and anyone named Madoff.
We must stop subsidizing speculators with cheap funding and tax breaks. We have to hold people accountable for malfeasance, break up large financial institutions, and allow them to fail.
it is understandable that both the Yankees and Goldman Sachs are widely admired as the best of the best, and that top free agents want to work for them. But both also are viewed by many with anger, cynicism and even contempt.
The company had planned to perform a pagan dance around the inferno of blazing thousands while roasting a suckling pig as part of their year-end bonus celebration, but howls of protest forced them to reconsider.
As Goldman Sachs may be discovering, belatedly and to its chagrin, image matters. Perception is reality. Therefore, if we want business and government to do better by us, we need more arts education, not less.
Want to join in the fun? Call Goldman's executive offices at (212) 902-1000, and tell them that nobody makes big profits at public expense while 10.2 percent of Americans are unemployed.
While creative global finance helped bring two billion people out of poverty in a single generation, the changes went too far and the consequences became hugely destructive.
This week's favorite game was attacking Goldman Sachs for its outrageous compensation system, including expectations that the total bonus package f...
Lloyd Blankfein doesn't get it. If he really wants to change Goldman Sachs' image, he's got to change reality.
It's truly touching that Goldman Sachs' CEO Lloyd Blankfein, who recently said that his too-big-to-fail, Fed-backed holding company is doing "God's wo...
Did Goldman and the other banks know for certain that the bankruptcy of AIG was no longer a risk for them? That the Fed and Treasury were now irrevocably committed to saving AIG?
The President, as he dithers on how to get in a war that he should be out of, has called a White House summit on jobs to dither about how to stay out of the Trade War that we ought to be in.
Weatherization should be the Democrats' dream program. In one fell swoop you create jobs, reduce living expenses, improve national energy security, enhance business profitability and confront global warming.
Just over 100 years ago, the sociologist Max Weber wrote his seminal book, The Protestant Ethic and the Spirit of Capitalism, in which he portrayed th...
