I assume Segarra's suit isn't the publicity Blankfein was hoping for, and I wonder what's going on at the NY Fed. When I was at Monster Worldwide, I experienced first-hand Goldman Sachs "doing God's work."
JPMorgan Chase stands accused of essentially funneling funds to Wen Jiabao's only daughter to win business in China, bringing a federal probe. Yet the takeaway here merely reinforces a truth that has long been evident to those paying attention to the pungent interplay of money and power in China: Despite the prattling of global business leaders that their presence in China is a wholesome boon to justice and right, they have frequently enriched themselves by engaging in the very dirty doings they claim to disdain.
By Vivek Wadhwa and Robert J. Shiller Vivek Wadhwa is the Vice President of Academics and Innovation, Singularity University. Robert J. Shiller is a S...
These freshly-hired graduates, with dollar signs in their eyes and visions of grand lifestyles in their heads, are subject to ridiculous working hours and conditions, because the employers know the thought process and know they will do whatever it takes.
A plea to the banks: Do "give back" in philanthropy. But also, please: Give us back a financial system that we can trust. Less penance after the fact, more virtue before. It will make for better business and for honest philanthropy.
Executives refusing to waive Fourth Amendment rights would be fired (or not hired). If this seems draconian, recall that innocent New Yorkers who refuse to be Stopped and Frisked -- risk arrest and jail.
Now they tell us. After years of hearing that it was impossible to restructure jobs to make them more doable, guess what? According to The Wall Street Journal, when Goldman Sachs discovered it couldn't attract and retain the most promising recruits with pay and perks alone.
Goldman is spending handsomely to promote its small business friendly image. But when it comes to actually helping small business, Goldman is far more miserly.
I'll stick to a simple rule of thumb. If someone won't put a questionable instruction in writing and there are no clear policies or guidelines to support that instruction, then I'll let my moral compass guide me.
Who would want me now?" is the question I've been asked by hundreds of women -- stay-at-home Moms for 10 years or more -- who have fear and trepidation about transitioning to a paid job.
How is it that these two coexisting trends -- global population aging and global economic recession aren't seen as interwoven? The answer, perhaps, is that we keep analyzing the economics of aging through the wrong metrics.
I like to think Lloyd Blankfein settled himself in a Goldman Sachs conference room equipped with so much state of the art technology that it could be the control center of a network news show, and nodded to a technician, and there, as if she were sitting across the table from him, was Heidi Cruz.
The most ironic argument against the ACA is that it kills jobs. While most Republicans would argue that the government can't create jobs, apparently government can destroy them.
As an estimated one billion additional women enter the global workforce over the next decade, it will be the nations who invest in women's education, training and full inclusion in the workforce that find themselves in position to compete and lead the world economy.
U.S. taxpayers bailed out AIG and its counterparties. Employees earned huge partial bonuses anyway, and no one went to jail. Now, five years later, AIG's new CEO, Robert Benmosche, is acting like a big smug guy who got away with something, because AIG did.
A veteran Goldman Sachs & Co. executive and major fundraiser for President Barack Obama has been nominated as the next ambassador to Canada -- the latest in a parade of big-dollar campaign backers slated to represent U.S. interests abroad.