Goldman Sachs, despite adulation in the press and the sell side, barely covers its cost of capital in ROE. This means that the firm is actually a lot riskier (economically) than many either realize or admit.
AP | STEPHEN BERNARD | Posted 05.25.2011
NEW YORK — Goldman Sachs had an 83 percent drop in second-quarter net income but still got a vote of confidence from investors. Goldman Sachs G...
bloomberg.com | Amy Feldman | Posted 05.25.2011
The New York-based company is promoting alternative asset funds and designing target-date funds that provide guaranteed income to grab a bigger piece ...
Posted 05.25.2011
The Securities and Exchange Commission announced today that it has reached a settlement agreement with Goldman Sachs over the sale and marketing contr...
nytimes.com | LOUISE STORY and ERIC DASH | Posted 05.25.2011
A.I.G., the insurance giant that planned to retain Goldman to help reorganize its businesses, has replaced Goldman as its main corporate adviser, acco...
Huffington Post | Ryan McCarthy | Posted 05.25.2011
Though a marathon day of testimony in front of a Congressional panel this week didn't budge Goldman Sachs' stock price, news of a criminal probe and ...
Huffington Post | Ryan McCarthy | Posted 05.25.2011
A research firm has a memo to big banks on derivatives reform: Be afraid, be very afraid. At the NYT's Dealbook, Cyrus Santi has word of a rather s...
HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011
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...
AP | STEVENSON JACOBS | Posted 05.25.2011
NEW YORK — Goldman Sachs Group Inc. said Monday it has rejected demands by shareholders to investigate the Wall Street bank's compensation pract...
Posted 05.25.2011
As Goldman Sachs prepared to announce its fourth quarter earnings and employee compensation levels yesterday, the bank had bomb-sniffing dogs and poli...
AP | STEPHEN BERNARD | Posted 05.25.2011
NEW YORK — Goldman Sachs Group Inc.'s top executives will not receive cash bonuses this year, as the Wall Street giant bows to sharp criticism o...
Reggie Middleton | Posted 05.25.2011