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Lloyd Blankfein

DERIVATIVES SALES: SEC SUIT AGAINST GOLDMAN TRIGGERS ANXIETY ON WALL STREET

Bloomberg | Christine Harper | Posted 05.25.2011 | Business

Wall Street's biggest firms are considering the suitability of selling opaque financial products to governments, endowments and not-for-profit institu...

Lloyd Blankfein: Time Man Of The Year

Simon Johnson | Posted 05.25.2011 | Comedy
Simon Johnson

In a surprise announcement earlier this morning, Time Magazine brought forward its annual "Man of the Year" award - and conferred this honor on Lloyd Blankfein, CEO of Goldman Sachs.

Most Valuable CEOs In Finance: Jamie Dimon Tops Bloomberg Markets' Ranking

Huffington Post | Nathaniel Cahners Hindman | Posted 05.25.2011 | Business

Shareholders who dish out millions to an elite CEO should of course expect a lot in return. The CEO who provided the best bang for the buck, according...

No E-ZPass for Auto Dealers

Catherine Lutz | Posted 05.25.2011 | Business
Catherine Lutz

Auto dealers may get a pass on financial reform despite outstanding car loans totaling $850 billion, greater than national credit card debt and second only to home mortgages.

Dougan vs. Blankfein -- Compensation Smackdown!

Stanley Bing | Posted 05.25.2011 | Business
Stanley Bing

Word comes from Credit Suisse that Brady Dougan, the Chief Executive of that fine fiduciary institution, earned $17.9 million in 2009, which is six times more than he made in 2008.

Casting 'Too Big To Fail': Which Celebs Should Appear In The Movie Of The Financial Crisis? (PHOTOS)

Huffington Post | Ryan McCarthy and Grace Kiser | Posted 05.25.2011 | Business

It was just a matter of time before Hollywood got its hooks into the financial crisis. HBO recently announced that it had bought the rights to And...

Goldman Sachs Perks: Children Of Execs Get Big Paychecks, According To Filing

nytimes.com | Michaele Leder | Posted 05.25.2011 | Business

Under the section titled "Certain Relationships and Other Transactions," [Goldman Sachs's] filing notes that "a child" of Mr. Blankfein -- the filing ...

Lloyd Blankfein 'Regrets' Making Making Leveraged Transactions

Reuters | Janaki Krishnan | Posted 05.25.2011 | Business

MUMBAI (Reuters) -- Goldman Sachs (GS.N) Chief Executive regretted having participated in transactions that brought too much leverage into the world, ...

Clients Worried About Goldman's Dueling Goals

New York Times | Posted 05.25.2011 | Business

As the housing crisis mounted in early 2007, Goldman Sachs was busy selling risky, mortgage-related securities issued by its longtime client, Washingt...

Lloyd Blankfein Dropped $26 Million In CASH On New Apartment

Posted 05.25.2011 | New York

Goldman Sachs CEO Lloyd Blankfein dropped $26 million -- in cash -- on his new 15 Central Park West duplex. And that was before Blankfein sold off hi...

Goldman Sachs -- It's About Bonuses

David Dixon | Posted 05.25.2011 | Los Angeles
David Dixon

As a professional who spent nearly a decade in the fixed income division at Goldman Sachs in both New York and London, it pains me to watch the firm get dragged through the mud.

Ben Craw

The Comprehensive Goldman Sachs Metaphor Reel (VIDEO)

HuffingtonPost.com | Ben Craw | Posted 05.25.2011 | Business

Are you confused by the recent bombshell civil fraud charges leveled by the SEC at Wall Street mega-firm Goldman Sachs? Can't tell your collateralized...

Shahien Nasiripour

Senators Target Wall Street, With Goldman Sachs In Mind

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011 | Business

UPDATE : May 10, 2010 -- Senators Carl Levin (D-Mich.) and Jeff Merkley (D-Ore.) will offer their bill to restrict the trading activities of big banks...

Is Vikram Pandit in Favor of Real Reform?

James Kwak | Posted 05.25.2011 | Business
James Kwak

Testifying today before the TARP Congressional Oversight Panel, Vikram Pandit claimed that Citigroup is on the side of the angels -- in this case, the side of real financial reform.

Michael Carpenter, GMAC CEO, Carpenter Gets Pay Package Rivaling That of Blankfein

BusinessWeek | Dakin Campbell | Posted 05.25.2011 | Business

March 2 (Bloomberg) -- GMAC Inc., the auto and home lender that hasn't cracked a profit since 2008, gave Chief Executive Officer Michael Carpenter a p...

3 Words I Wish Big Finance Would Learn

Dr. Jim Taylor | Posted 05.25.2011 | Business
Dr. Jim Taylor

It has been shocking and bewildering to watch the behavior of some of the top banking CEOs in recent months, punctuated by the appearance of four of these executives before Congress last month.

Goldman Sachs: Bad Publicity Is Bank's Latest Major Risk

nytimes.com | Michaele Leder | Posted 05.25.2011 | Business

"The financial crisis and the current political and public sentiment regarding financial institutions has resulted in a significant amount of adverse ...

Somali Pirates Say They Are Subsidiary of Goldman Sachs

Andy Borowitz | Posted 05.25.2011 | Comedy
Andy Borowitz

An audible gasp could be heard in court when the leader of the pirates announced, "We are doing God's work. We work for Lloyd Blankfein."

Governor Corzine, You Are Wrong About Goldman's Unpopularity

Raymond J. Learsy | Posted 05.25.2011 | Business
Raymond J. Learsy

A recent statement by Corzine, labeling Goldman an industry leader, speaks volumes about how Americans feel about our financial institutions. No, Governor Corzine, its not about envy. Its about character.

Sen. Grassley Grills Goldman Sachs Over Hefty Fees For 'Build America' Bonds

Huffington Post | Ryan McCarthy | Posted 05.25.2011 | Business

Sen. Chuck Grassley (D-Iowa) is concerned that Goldman Sachs will collect sizable fees from its role as an underwriter of the 'Build America' bonds th...

Shahien Nasiripour

Financial Crisis Investigators Looking At Wall Street

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011 | Business

Investigators for the commission created to examine the causes of the financial crisis have begun their probe of Goldman Sachs and other Wall Street b...

Prize of the Meritocracy

Rob Fishman | Posted 05.25.2011 | Books
Rob Fishman

Goldman Sachs is, by its own account, a meritocracy -- a word first used by Michael Young in 1958. In the half-century since, we seem to have forgotten that the original work was satire.

Jon Corzine: People Hate Goldman Sachs Because They "Envy" Success (VIDEO)

Posted 05.25.2011 | Business

In an interview with Bloomberg Television yesterday, former Goldman Sachs CEO Jon Corzine -- and former New Jersey governor -- defended the firm he on...

Pay Czar: Kenneth Feinberg You're worth less than you think

Huffington Post | Ryan McCarthy | Posted 05.25.2011 | Business

In an interview with Kenneth Feinberg, the Obama administration's pay czar, The Hill leads with one highly intriguing anecdote. A Wall Street execut...

More Apologies! Now!

Stanley Bing | Posted 05.25.2011 | Business
Stanley Bing

Other guys who haven't apologized enough: John Edwards, Eliot Spitzer, Richard Fuld, Tiberius Caesar, Alan Greenspan, and the guys from the cable company who told me they were going to be there between 8 AM and noon.