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Lloyd Blankfein

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?

Goldman Sachs's Charity Rule: Bank May Force Execs To Donate Part Of Bonus

nytimes.com | LOUISE STORY | Posted 05.25.2011 | Business

As it prepares to pay out big bonuses to employees, Goldman Sachs is considering expanding a program that would require executives and top managers to...

Goldman Sachs: It's Time to Put Country Before Company

Andy Stern | Posted 05.25.2011 | Business
Andy Stern

We're taking to the streets because it seems as if companies like Goldman Sachs love their company more than their country. Goldman Sachs seems to salute no flag but their own corporate logo.

Goldman Sachs CEO Lloyd Blankfein Named Financial Times Person Of The Year

Posted 05.25.2011 | Business

Goldman Sachs CEO Lloyd Blankfein has been named Person of the Year by the Financial Times. The investment bank "not only navigated the 2008 global fi...

Goldman Sachs CEO Lloyd Blankfein: Our Employees Among The Most Productive In The World

The Huffington Post | Ryan McCarthy | Posted 05.25.2011 | Business

For those concerned about how Goldman Sachs is set to bring in record-breaking profits while the broader economy remains downright stalled, there is o...

Andrew Ross Sorkin: Morgan Stanley, Goldman Sachs Were On The Verge Of Collapse Last Fall (VIDEO)

Huffington Post | Grace Kiser | Posted 05.25.2011 | Business

Don't buy the assertions that banks like Goldman Sachs would have survived the financial crisis without a taxpayer bailout. According to Too Big To F...

Goldman Sachs Traders: Firm's Ethos Fading With Blankfein As CEO

New York Times | JENNY ANDERSON | Posted 05.25.2011 | Home

...Current and former Goldman executives say Mr. Blankfein has built a money machine that, while it still values its customers, culture and reputation...

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?

It's Time for Goldman Sachs to Come Clean

Andy Stern | Posted 05.25.2011 | Business
Andy Stern

We can no longer allow Goldman to write the rules of our economy. We can no longer allow Lloyd Blankfein to control our destiny. Goldman Sachs needs to come clean.

John Varley Defends Bonuses: Profits Are "Not Satanic" Barclays CEO Tells London Church Crowd

Posted 05.25.2011 | Business

The CEO of Britian's second-largest bank became the second of that nation's banking figures to make the case for profits in the house of god, defendin...

Goldman Bans "Last Suppers"; Suspends 1st Amendment!

Tom Gregory | Posted 05.25.2011 | Comedy
Tom Gregory

Editor's note: the following blog post is satire. Reuterz, New York - In swift reaction to recent calls for his resignation, Lloyd Blankfein, Chairma...

Goldman Sachs Profit Hits $3B On Trading Gains

AP | STEPHEN BERNARD | Posted 05.25.2011 | Business

NEW YORK — Goldman Sachs Group Inc.'s third-quarter earnings more than tripled from the depths of the financial crisis as income from the compan...

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.

Goldman Sachs Shareholders Ask Bank To Cut Down HUGE Bonuses

Posted 05.25.2011 | Business

Think of it as an atypical example of "shareholder activism." Several of the biggest shareholders of Goldman Sachs -- which, it should be noted, has m...

Bankers, Take a Lesson From Mark McGwire

Norb Vonnegut | Posted 05.25.2011 | Business
Norb Vonnegut

Wall Street's public relations are a train wreck. I have no prior experience in corporate communications. But here's my action plan to clean up the mess:

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."

A Government Takeover of the Government

B. Jeffrey Madoff | Posted 05.25.2011 | Politics
B. Jeffrey Madoff

As we had our holiday dinner together, my kids asked me why billions can be spent on an expanding war, bailing out the auto industry and the banks, but when it comes to health care, people are afraid of a "government takeover."

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.

Treasury Cover-Up of Goldman's Role in AIG Crisis?

Janet Tavakoli | Posted 05.25.2011 | Politics
Janet Tavakoli

Goldman paid mega bonuses in past years subsidized by selling hot air. Now it proposes to again pay billions in bonuses based on earnings made possible by taxpayer dollars.

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 Makes Merry With Other People's Money

Dan Collins | Posted 05.25.2011 | New York
Dan Collins

There's a good deal of jolliness on Wall Street this holiday season, thanks to the billions of dollars in bonuses that will be stuffed into the stockings of your favorite bankers. It's safe to assume the final tally will be very big.

Banking on Disaster

Harry Moroz | Posted 05.25.2011 | Business
Harry Moroz

Goldman Sachs's announcement that it will pay 2009 bonuses for its top executives in stock should be met with a collective yawn.

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...

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...

Rolfe Winkler: Angelides' Financial Crisis Inquiry Commission Can crisis inquiry live up to 1930s trailblazer?

Reuters | Rolfe Winkler | Posted 05.25.2011 | Business

Ferdinand Pecora turned a tame United States investigation of the 1929 Crash into an expose that spawned far-reaching banking reform. Despite flashes ...