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Lloyd Blankfein

Goldman Sachs Employees Buying Guns ... To Protect Themselves Against Public?

bloomberg.com | Alice Schroeder | Posted 05.25.2011 | Business

"I just wrote my first reference for a gun permit," said a friend, who told me of swearing to the good character of a Goldman Sachs Group Inc. banker ...

Goldman Sachs Bonuses: Columnist Says Analysts Predict $23 Billion Bonus Pool, Firm May Make Huge Donation

New York Times | ANDREW ROSS SORKIN | Posted 05.25.2011 | Business

By most analyst estimates, the annual bonus pool will swell to more than $23 billion. In its second quarter, Goldman disclosed it had put aside $11.4 ...

Michael Hirsh: Financial Crisis Inquiry: Just Political Theater?

newsweek.com | Michael Hirsh | Posted 05.25.2011 | Business

One sure measure of a successful Washington hearing is the presence of tension, lots of it. Key witnesses are put on the spot. Truths are revealed und...

The Key Question No One Asked About Goldman's Role In The AIG Bailout

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

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?

Defiant Wall Street Welfare Kings Come to Washington

Joseph A. Palermo | Posted 05.25.2011 | Business
Joseph A. Palermo

Geithner has distinguished himself as the Joe Lieberman of the Obama Administration. The "Financial Crisis Inquiry Commission" cannot succeed because the Secretary of the Treasury doesn't want it to succeed.

Wall Street Bonuses: What The Politicians MEANT To Say

washingtonpost.com | Frank Ahearns | Posted 05.25.2011 | Business

So now, during bonus season, we look back at some of the key statements from the Great Bonus Controversy of 2009. The gap between what was said and wh...

Protestors to Goldman Sachs: "You Are Not God" - Bernanke Explains Why

Mike Elk | Posted 05.25.2011 | Politics
Mike Elk

Goldman Sachs is, in the words of Rolling Stone journalist Matt Taibbi, "a great vampire squid wrapped around the face of humanity, relentlessly jamming its blood funnel into anything that smells like money."

Bank Presidents and the U.S. President

Christopher Brauchli | Posted 05.25.2011 | Business
Christopher Brauchli

Even though bank presidents have shown they can single handedly almost sink the economy, they can't control the weather that prevented them from making it to a meeting with the president.

Fed Releases Rare "Snapshot" on Economy

Tom Gregory | Posted 05.25.2011 | Comedy
Tom Gregory

In a rare glimpse behind the closed-doors of The Federal Reserve, Chairman Ben Bernanke released a snapshot of the economy they have been looking at for months.

Wall Street Tells the President of the United States to Bugger Off

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

With the nation up in arms about the perversity of pouring billions into the coffers of the banks the symbolism of the three CEO's tone deaf failure to be present in Washington is beyond understanding.

How to Live on $0 a Day: Assuaging Rage, One Prick at a Time

Lesley Stern | Posted 05.25.2011 | Comedy
Lesley Stern

If you're quivering with rage just thinking about Wall Street, it's time to take action. I've discovered a way to achieve a semblance of inner peace without therapists, tranquilizers or weapons.

Wall Street Bankers Put Obama On Hold

nytimes.com | ANDREW ROSS SORKIN | Posted 05.25.2011 | Business

President Obama didn't exactly look thrilled as he stared at the Polycom speakerphone in front of him. "Well, I appreciate you guys calling in," he be...

Goldman Sachs CEO Lloyd Blankfein: "I'm Doing God's Work."

Times Online | John Arlidge | Posted 05.25.2011 | Business

Goldman's reputation is suddenly as toxic as the credit default swaps and other inexplicably exotic financial instruments it used to buy with glee. Th...

Goldman Sachs JPMorgan's Biggest Asset: David Reilly

bloomberg.com | David Reilly | Posted 05.25.2011 | Business

JPMorgan Chase & Co. lists lots of assets, ranging from loans to securities to cash, on its $2 trillion balance sheet. Not to be found is one that mig...

Frank Rich: Goldman Can Spare You A Dime

New York Times | FRANK RICH | Posted 05.25.2011 | Business

As leader of the Wall Street pack, Goldman declared surging profits, keeping it on track to dispense a record $23 billion in bonuses for 2009. But mos...

The House Oversight Committee Sets Its Focus Where The Senate Financial Crisis Inquiry Commission Feared to Tread

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

During the Senate hearings many questions were asked, but not the question that would have been most revealing: Did Paulson and Blankfein discuss the viability of AIG?

Still Doing God's Work On Wall Street

Robert Scheer | Posted 05.25.2011 | Business
Robert Scheer

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.

Goldman Sachs Will Earn $1 Billion If CIT Fails; U.S. Taxpayers Will Lose $2 Billion

Financial Times | By Henny Sender and Saskia Scholtes | Posted 05.25.2011 | Business

Goldman Sachs stands to receive a payment of $1bn -- while US taxpayers would lose $2.3bn -- if embattled commercial lender CIT files for Chapter 11 b...

Catch-22 Billion

Norb Vonnegut | Posted 05.25.2011 | Business
Norb Vonnegut

The boys -- Lloyd Blankfein, Jamie Dimon, John Mack, and Brian Moynihan -- are back in Washington today and the Wall Street CEOs seemed to have tripped over a financial version of Heller's classic Catch 22.

MBAs: Goldman Sachs Still A Top-Choice Destination For New MBAs

bloomberg.com | 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...

Goldman and the Smell of Guilt

Charles Gasparino | Posted 05.25.2011 | Business
Charles Gasparino

What CEO bypasses shareholders in an attempt to buy off public outrage over billion dollar bonuses if such outrage isn't justified in the first place?

A Decade Far Worse Than a "Big Zero" (1999-2009)

Joseph A. Palermo | Posted 05.25.2011 | Politics
Joseph A. Palermo

We can call the 2000s the "Worse Than Zero" decade or the "Big Zero," or anything we wish, but what characterized it most for me was the near total control of corporations, especially over our civic institutions.

Susan Antilla: Wall Street Compensation Enrages Readers

bloomberg.com | Susan Antilla | Posted 05.25.2011 | Business

In the 14 years I've written columns for Bloomberg News, I've had plenty of feedback from investors who said they lost money at the hands of corrupt b...

Wall Street's 10 Biggest Lies of 2009

Les Leopold | Posted 05.25.2011 | Business
Les Leopold

Not only are we richly rewarding those who wrecked our economy, but also, we have to put up with hundreds of fabrications about how the big banks got us here. Here is my biggest, fattest lies list for 2009.

The Lloyd's Prayer

Tom Gregory | Posted 05.25.2011 | Comedy
Tom Gregory

Our Chairman, Who Art At Goldman, Blankfein Be Thy Name.