Goldman Sachs Bonuses

Goldman Sachs President:"Our Risk Appetite Continues To Grow"

Felix Salmon | Posted 09.07.2009 | Business


Goldman Sachs bankers are generally smooth, urbane, and on-message. But these days they're clearly flustered. Why else would Goldman president Gary Co...

Why, Yes, We Do Have to Regulate Some Executive Pay

Rob Shapiro | Posted 09.06.2009 | Business


Rob Shapiro

Ironically, the bailouts that saved us from a second Great Depression may also bolster some of the distortions that threaten to produce it. Old practices that got us into this mess still go on.

Goldman Faces Inquiries From Regulators On Bonuses And Derivatives Trading

AP | STEPHEN BERNARD | Posted 09.05.2009 | Business


NEW YORK — Goldman Sachs Group Inc., one of the banking industry's top performers, said Wednesday that government agencies have asked about its ...

Goldman Sachs' $100M Trading Days Hit Record In Q2

bloomberg.com | Posted 09.05.2009 | Business


Aug. 5 (Bloomberg) -- Goldman Sachs Group Inc. made more than $100 million in trading revenue on a record 46 separate days during the second quarter, ...

The Bonus Debate Around the World

Georges Ugeux | Posted 08.28.2009 | Business


Georges Ugeux

Why should the world pay to maintain a compensation system that is perceived to be outrageous and dangerous for the systemic stability of capital markets?

Playing the Hand that Life Deals You

Don McNay | Posted 08.22.2009 | Living


Don McNay

I've dealt with hundreds of parents of special needs children. They take the hand that is dealt to them. And usually turn that hand into aces.

Hank Paulson Fleeced the American Taxpayers in Order to Save Them

Sheldon Filger | Posted 08.16.2009 | Business


Sheldon Filger

Paulson's posture has been consistently maintained by the "masters of the universe" since the onset of the economic crisis: privatize the profits (especially after radical deregulation) but socialize all losses.

Palin-Mania: How Goldman Sachs Robbed Us While We Obsessed About Sarah Palin

Peter Daou | Posted 08.15.2009 | Politics


Peter Daou

Goldman's greed is being rewarded at our expense while the media, punditocracy, and online commentariat rail against a soon to be ex-Governor of Alaska.

Wall Street: Long Arrogance, Short Humility

Jill Schlesinger | Posted 08.15.2009 | Business


Jill Schlesinger

Humility won't eradicate years of arrogance, but along with some much needed regulatory reform, it would go a long way to help all of us move beyond this painful period.

Is Goldman Sachs One Big Credit Portfolio?

The Big Picture | Posted 08.14.2009 | Business


Now that Goldman Sachs is a commercial bank comes a new set of public reporting requirements. One of these public reports is linked above, and below i...

Goldman Sachs Earns $3.44B In Q2 Profits, Exceeding Expectations

AP | STEPHEN BERNARD | Posted 08.14.2009 | Business


NEW YORK — Goldman Sachs is emerging as the king of post-meltdown Wall Street. Already the nation's most powerful financial company before the ...

Goldman Earnings: Unfair Advantage or Trading Prowess?

Jill Schlesinger | Posted 08.13.2009 | Business


Jill Schlesinger

Goldman Sachs has benefited from a lack of competition: with fewer players in the game, spreads have been wider, allowing for more robust profits for those who have the wherewithal to enter the game.

Goldman Spy Case: Bank Frets Over 'Doomsday Machine' Trading Codes

bloomberg.com | Jonathan Weil | Posted 08.10.2009 | Business


July 9 (Bloomberg) -- Never let it be said that the Justice Department can't move quickly when it gets a hot tip about an alleged crime at a Wall Stre...

Wall Street Pay Approaches 2007's Record Highs

The Wall Street Journal | AARON LUCCHETTI | Posted 08.01.2009 | Business


Financial markets are recovering and the jostling for talent is intensifying as securities firms once again are making money -- and they look set to s...

Matt Taibbi's Rolling Stone Story On Goldman: The Bank Responds

Reuters | Posted 07.27.2009 | Business


I just got off the phone with Lucas van Praag, the top flack at Goldman Sachs, who called Matt Taibbi's piece on the bank "hysterical". He also sent m...

When the Goldman Sachs Boys Celebrate, My Fury Meter Goes Way Up

Adam Hanft | Posted 07.13.2009 | Business


Adam Hanft

Don't you think there's something massively wrong with these Masters of Arrogance paying off their debt with a little bit of interest, puffing out their chests to their former levels of self-inflation, and re-commencing their old ways, albeit with a bit less recklessness?

Goldman Sachs Counts on Society's Implicit Stop-Loss Order

Nassim Nicholas Taleb | Posted 05.21.2009 | Business


Nassim Nicholas Taleb

So long as Goldman Sachs may need us again in the future, whatever bonus they are paying today is a bonus that may be covered by the taxpayer tomorrow.

Goldman Sachs Planning To Return TARP Money: "Impossible To Run Our Business In This Environment"

NY Times | ANDREW ROSS SORKIN | Posted 04.24.2009 | Business


Any good news these days -- not that there is much -- seems to come with an asterisk. The market is popping, but, as some bears ask, is it just a setu...

Should Obama Stop Trusting Geithner's Advice?

Miles Mogulescu | Posted 04.18.2009 | Politics


Miles Mogulescu

If the American people come to see the Obama administration as complicit in Wall Street's unethical behavior, then Obama's entire economic program could end up in shambles.

"Give Me Your Tired, Your Poor... Well, Maybe Not"

Brett Ashley McKenzie | Posted 12.18.2008 | Business


Brett Ashley McKenzie

Just across the river from the Statue of Liberty's promise of welcome, the tired and poor are not even an afterthought.

Goldman Sachs Chiefs Give Up Bonuses: Last Year Blankfein Took $70 Million

Bloomberg | Posted 12.18.2008 | Business


Goldman Sachs Group Inc., the firm that set a record for Wall Street pay last year, became the first U.S. bank to scrap 2008 bonuses for senior office...

Broken Securities Industry Still Has $20 Billion To Pay In Bonuses

Bloomberg News | Posted 11.27.2008 | Business


Five straight quarters of losses and a 70 percent slide in its stock this year haven't stopped Merrill Lynch & Co. from allocating about $6.7 billion ...

Bonus Time: You Give, Wall St. Takes

Robert Reed | Posted 11.22.2008 | Chicago


Robert Reed

Yuletide Cheer is rare, except on Wall Street, which is licking its collective chops in anticipation of yet another round of big annual payouts.

Goldman Cuts Corners By Depriving Junior Execs Of Flying Business Class

New York Post | Mark DeCambre with Zachery Kouwe | Posted 06.26.2008 | Business


Goldman Sachs has been best of breed among its mortgage-mangled brethren, but even it is starting to feel the pinch of a slackening deal flow, which h...

Wall Street Bonuses Surge 14 Percent Despite Dismal Earnings

AP | Joe Del Bruno | Posted 03.28.2008 | Business


This might have been one of Wall Street's most dismal years in a decade, but that hasn't stopped bonus checks from rising an average of 14 percent. F...