Goldman Sach's Charity Filings Reveal Foundation's Complex Trades
The 2008 tax filing for the Goldman Sachs Foundation, a copy of which was provided by the firm late Wednesday, provides a glimpse of the legendary tra...
The 2008 tax filing for the Goldman Sachs Foundation, a copy of which was provided by the firm late Wednesday, provides a glimpse of the legendary tra...
Huffington Post/AP | Posted 11.12.2009 | Business
NEW YORK — After just three months as head of battered insurer American International Group, Robert Benmosche has threatened to leave his post a...
Bloomberg | Michael J. Moore and Ian Katz | Posted 11.09.2009 | Business
Goldman Sachs Group Inc., Morgan Stanley and JPMorgan Chase & Co.'s investment bank, survivors of the worst financial crisis since the Great Depressio...
The New York Times | LOUISE STORY | Posted 11.08.2009 | Business
Banks cut bonuses last year and shifted more pay into stock and options from cash, a tactic that lawmakers supported for its emphasis on long-term per...
New York Times | FRANK RICH | Posted 11.07.2009 | Politics
The Obama administration does not seem to understand that this rage, left unaddressed, could consume it. It has pushed aside the entreaties of many --...
Times Online | John Arlidge | Posted 11.07.2009 | 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...
Posted 11.04.2009 | 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...
The Huffington Post | Posted 11.02.2009 | Business
The US might be in the midst of a second housing and financial bubble, according to economist and Yale Professor Robert Shiller. Shiller and Financial...
AP | JUSTIN POPE | Posted 11.02.2009 | Home
The fast-growing group of millionaire private college and university presidents hit a new record in recent years, and it's likely more college leaders...
Washington Post | Robert Barnes and Steven Mufson | Posted 10.31.2009 | Business
The Supreme Court this week will hear a case that raises bedrock questions about the ability of the market to set "reasonable" corporate compensation,...
Robert Lenzner | Posted 10.31.2009 | Business
What can an investor do? For advice, I sat down with Marc Harris of RBC, one of the few large banks that maneuvered a clear course through the economic turmoil.
Wall Street Journal | DAVID ENRICH and DEBORAH SOLOMON | Posted 10.28.2009 | Business
Treasury Department pay czar Kenneth Feinberg last week announced sharp cuts in total compensation at the finance and auto companies under his control...
Arianna Huffington | Posted 10.28.2009 | Business
When it comes to dealing with Wall Street, President Obama seems to have traded in his position as our economy's commander-in-chief for a different role: pundit-in-chief.
New York Times | STEPHEN LABATON | Posted 10.26.2009 | Politics
A senior administration official said on Sunday that after extensive consultations with Treasury Department officials, Representative Barney Frank, th...
Huff Radio | Posted 10.24.2009 | Politics
The public option is sneaking its way back onto the table; the administration takes a hardcore stance regarding Fox News; and Len Downie of the Washington Post proposes public funding for journalism.
Chris Weigant | Posted 10.26.2009 | Politics
The real head-scratcher for serious media-watchers right now is what the "war" between the White House and Fox News was meant to distract us from this week. The "war" itself is laughable, for a number of reasons.
Bloomberg.com | Hugh Son | Posted 10.23.2009 | Business
Four of five managers in AIG's Financial Products unit that are under the jurisdiction of pay master Kenneth Feinberg didn't make good on pledges to r...
Dean Baker | Posted 10.23.2009 | Business
Wall Street badly needs fixing. Fortunately we have the tool to do the job. It's called a financial transactions tax (FTT) - a modest tax on trades of stock, futures, options and other financial instruments.
Aaron Zelinsky | Posted 10.22.2009 | Business
The Obama Administration recently announced pay limits for bailed-out CEOs. But unless the IRS changes its policies, taxpayers will continue to subsidize unreasonable compensation paid by publicly held corporations.
Mark Green | Posted 10.22.2009 | Politics
Is the reported, imminent slapdown by "pay czar' Ken Feinberg of the pay packages at seven bailed out firms the breakthrough critics have been waiting for?
AP | MARTIN CRUTSINGER | Posted 10.22.2009 | Politics
WASHINGTON — The Obama administration will order companies that received huge government bailouts last year to slash the base salaries of their ...
Huff TV | Posted 10.20.2009 | Media
Arianna appeared on CNN's The Situation Room Monday, along with Gloria Borger, Joe Johns and Ben Stein. She discussed the Afghan War, huge Wall Street...
AP | STEVENSON JACOBS and VINNEE TONG | Posted 10.16.2009 | Business
NEW YORK — Capping a year in which he faced shareholder fury, regulatory scrutiny and was stripped of his chairman post, outgoing Bank of America Co...
Rob Shapiro | Posted 10.15.2009 | Business
We didn't need this latest and most conspicuous instance of greed at Goldman to know that the compensation provided to the uppermost echelons of American business is out of control.
New York Times | ANDREW ROSS SORKIN | Posted 10.13.2009 | 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 ...
New York Times | GERALDINE FABRIKANT | Posted 11.12.2009 | Business