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Lloyd Blankfein

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.

The Lloyd's Prayer

Tom Gregory | Posted 05.25.2011 | Comedy
Tom Gregory

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

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 Doing "God's Work"?

Charles Gasparino | Posted 05.25.2011 | Business
Charles Gasparino

The only thing worse than Goldman Sachs amassing billions in bonus money for its executives, based on various government subsidies and bailout measures, is listening to it try to explain it all away.

Geithner Interviewed By Bloomberg: Says Goldman Would Have Failed, Dismisses Tobin Tax (VIDEO)

Posted 05.25.2011 | Business

During an interview this week on Bloomberg's Political Capital with Al Hunt, Treasury Secretary Timothy Geithner disputed claims made by Goldman Sachs...

The Secrets To Goldman Sachs' Success: Contrary Bets, Predatory Lending, Government Connections, Offshore Tax Havens

McClatchy | Greg Gordon | Posted 05.25.2011 | Business

WASHINGTON -- In 2006 and 2007, Goldman Sachs Group peddled more than $40 billion in securities backed by at least 200,000 risky home mortgages, but n...

Krugman: Bankers Without A Clue, Financial Crisis Commission Testimony Showed 'Stunning Failure'

nytimes.com | PAUL KRUGMAN | Posted 05.25.2011 | Business

But the bankers' testimony showed a stunning failure, even now, to grasp the nature and extent of the current crisis. And that's important: It tells u...

Lloyd Blankfein Gives Thanks

Andy Stern | Posted 05.25.2011 | Business
Andy Stern

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.

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 ...

FCIC Commissioner Asks Public For Questions, HuffPost Readers Answer

Posted 05.25.2011 | Business

Bill Thomas, vice chairman of Financial Crisis Inquiry Commission (FCIC) is asking Americans to submit their questions for bankers the commission is s...

What Artists Could Teach Goldman Sachs

Ruth Sherman | Posted 05.25.2011 | Business
Ruth Sherman

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.

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...

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.

My Response to JP Morgan's Jamie Dimon: More to Life Than Efficiency

Paul Abrams | Posted 05.25.2011 | Politics
Paul Abrams

Juxtaposed against the harm big banks have already and can do again, JP Morgan CEO Jamie Dimon's arguments for scale, even if true, are woefully inadequate.

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.

Afghanistan: Buckle Your Seat Belts

Michael Brenner | Posted 05.25.2011 | World
Michael Brenner

Rarely has a great power so willfully set itself down the path of self-destruction with so little reason as America has in Afghanistan. This is pathological behavior that cries out for diagnosis and correction.

Goldman Sachs' Lost 'Ethos' Puts Traders -- And Profits -- Ahead Of Clients

nytimes.com | JENNY ANDERSON | Posted 05.25.2011 | Business

But as President Obama prods the financial industry to do more to help ordinary Americans -- he chided 'fat cat' bankers -- on Sunday for increasing t...

Vatican Confirms: Goldman "Doing God's Work"

Tom Gregory | Posted 05.25.2011 | Comedy
Tom Gregory

L'Osservatore Romano is reporting that Goldman Sachs is indeed Doing God's work, and His Former Holiness Joseph Ratzinger has confirmed the unsolicited hostile takeover.

Goldman Sachs Bonuses To Be Paid In Stock For Top Execs

AP | STEPHEN BERNARD | Posted 05.25.2011 | Business

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...

Goldman Sachs Alumni With Government Ties

Felix Salmon | Posted 05.25.2011 | Business

With Jon Corzine losing the governorship of New Jersey yesterday, it was yet another bad day for former heads of Goldman Sachs. It's worth running dow...

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 ...

RT @huffbusiness "My Brother Works At Goldman, And He's An Idiot!" More GREAT Quotes From Sorkin's "Too Big To Fail"

Posted 05.25.2011 | Business

New York Times scribe Andrew Ross Sorkin's much-anticipated book Too Big To Fail may be the closest we'll ever get to being a fly on the wall during l...

Here Comes the Story of the "Hurricane"

Dylan Ratigan | Posted 05.25.2011 | Business
Dylan Ratigan

Wall Street may claim the crisis was caused by a perfect storm, but the only thing perfect about it was their ability to line their pockets at the expense of our country.

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?

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...