Bill George, Goldman Sachs Board Member, Compares Bankers To Pro Athletes, Movie Stars (VIDEO)
Goldman Sachs board member and Harvard professor Bill George defended the firm's massive bonuses and compared employees' compensation to that of profe...
Goldman Sachs board member and Harvard professor Bill George defended the firm's massive bonuses and compared employees' compensation to that of profe...
Telegraph | Helia Ebrahimi, Senior City Correspondent | Posted 01.04.2010 | Business
The bank is understood to be considering its options in the wake of the UK's windfall tax on bankers' bonuses, a new 50pc top income tax rate, and inc...
Janet Tavakoli | Posted 12.26.2009 | Business
If Wall Street -- and especially Goldman Sachs -- had not manufactured value-destroying securities and related credit derivatives, the money supply for bad loans would have been choked off years earlier.
Daniel Adler | Posted 12.22.2009 | Sports
Wall Street firms such as AIG, which received $90 billion in government funds, and sports teams such as the Dallas Cowboys, who received $325 million to build the Cowboys Stadium, have more in common than being run by white males.
Dan Collins | Posted 12.16.2009 | New York
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.
Eric C. Anderson | Posted 12.08.2009 | Business
I'm expressing my shareholder outrage at the behavior of AIG's top executives, who now want raises. President Obama's compensation czar needs to take a ruler to these executives' knuckles.
Rob Fishman | Posted 12.02.2009 | Books
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.
Charles D. Ellis | Posted 11.20.2009 | Business
While creative global finance helped bring two billion people out of poverty in a single generation, the changes went too far and the consequences became hugely destructive.
HuffingtonPost.com | Shahien Nasiripour | Posted 11.18.2009 | Business
On Tuesday, Goldman Sachs announced it would commit $500 million to help small businesses, garnering the financial giant headlines and buzz for its al...
HuffingtonPost.com | Julian Hattem | Posted 11.16.2009 | Business
Protesters rallied outside of Goldman Sachs' Washington office office Monday and railed against big bonuses and "Too Big To Fail" banks. The SEIU and ...
Christopher Brauchli | Posted 11.12.2009 | Business
Banks are receiving the H1N1 vaccine because of their employees' importance to the financial well being of the country.
Charles Gasparino | Posted 11.09.2009 | Business
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.
Joseph A. Palermo | Posted 11.18.2009 | Business
A criminal gang of rich white guys in New York did some extremely reckless things with the nation's collective wealth, and the middle class got clobbered.
Diane Francis | Posted 10.27.2009 | Business
The world's concentrated financial sector has been grabbing more than its fair share of wealth. We desperately needs Glass-Steagall on steroids.
George Goehl | Posted 10.22.2009 | Business
Until our elected officials know there is a price to pay for siding with big money over everyday people, the average American will continue be on the losing end.
Allison Kilkenny | Posted 10.22.2009 | Politics
The Times shows its agenda when it refers to the not-yet-existing AIG bonuses slashes as "the humbling downfall of the once-proud giants" while all those pesky citizens won't stop with the "populist animosity."
Jonathan Richards | Posted 10.21.2009 | Comedy
If we're ever going to develop real financial stability, perhaps its time to consider eliminating the pesky middle man.
AP | Posted 10.18.2009 | Politics
WASHINGTON — Financial companies that were shored up by taxpayer money are now paying their employees big bucks in compensation and benefits. T...
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.
AP | STEPHEN BERNARD | Posted 10.15.2009 | 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...
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 ...
The Wall Street Journal | HOLMAN W. JENKINS JR. | Posted 10.11.2009 | Business
Sitting across from me now in his comfortable office on the 30th floor of company headquarters in lower Manhattan, Goldman's CEO Lloyd Blankfein profe...
CNNMoney.com | David Ellis | Posted 11.29.2009 | Business
Now with analysts predicting impressive third-quarter numbers from some of the nation's largest financial firms, big bonuses for top Wall Street talen...
nypost.com | Mark DeCambre | Posted 11.24.2009 | Business
Goldman's bonus pool is expected to swell to an estimated $16 billion after what's expected to be another stellar quarter, and Blankfein is struggling...
The Daily Beast | Charlie Gasparino | Posted 09.21.2009 | Business
People inside Goldman tell me that some senior executives say they believe the onslaught of negative stories detailing Goldman's manifold ties to upp...
Posted 01.06.2010 | Business