Goldman Sachs

A Guy Named Hank

Howard A. Rodman | Posted 09.21.2008 | Business

Read More: Goldman Sachs, Henry Paulson, Wall Street Crisis, Bailout, China, Economic Crisis, Business News
Howard A. Rodman

Do you think that Hank's friends and former associates will miss out on the bonanza? Please. Can you think of any financial, insurance, or investment firm that won't benefit from the River of Zeros?

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Atlas Shrugged: A Reaction to the Paulson Plan (From A Former Goldman Partner)

Greg Zehner | Posted 09.19.2008 | Business

Read More: Atlas Shruged, Goldman Sachs, Henry Paulson, Paulson Plan, Ayn Rand, Business News
Greg Zehner

What this really signals is the beginning of the end of the United States as the financial capital of the world. Should you worry? Yes.

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Why I Won't Shed Tears For Wall Street

Robert Reed | Posted 09.19.2008 | Business

Read More: Economy, Leveraged Buyouts, Investment Banks, Goldman Sachs, Morgan Stanley, 401k Drop, Wall Street Crisis, Wall Street Regulation, Wall Street, Lehman Brothers, Wall Street Collapse, Greedy Companies, Larry Kudlow, Bear Stearns, Wall Street Protectors, Business News
Robert Reed

How many companies have been damaged in the name of maximizing shareholder value? How many unnecessary mergers, spin-offs and other dumb deals were spawned just to give the stock a jolt? How many jobs and benefits were cut because Wall Street said that was an easy path to operating "efficiencies" and greater short-term returns?

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Wall Street Crisis Sends Investors Looking For Safe Options

NYT, CNBC, Forbes | Dave Burdick | Posted 09.18.2008 | Business

Read More: Goldman Sachs, Morgan Stanley, Wall Street Crisis, Wall Street, Stocks, Safe Investments, Banks, Gold, Personal Finance, Government Bonds, Business News

Three straight days packed with financial news and worry -- including the repercussions of meltdowns at major financial institutions -- have panicked ...

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THE LATEST: $25 BILLION FOR DETROIT; PRODUCTION CHEVY VOLT PLUG-IN HYBRID UNVEILED

Steve Parker | Posted 09.18.2008 | Green

Read More: Turbochargers, Boeing, Gas-Electric Hybrid Technology, Automotive News, General Electric, Hemi Hybrids, Saturn, Chrysler, Rick Wagoner, Honda, Detroit News, FCX Clarity, Ford, Home Depot, Goldman Sachs, Equinox, Hydrogen Fuel-Cell Vehicles, General Motors, Robert Nardelli, Hydrogen Fuel Cell, Charlie Rose, Flex, Gm, Alan Mulally, Detroit Three, Chevrolet, Volvo, Washington DC, Cars, Chevrolet Volt, JPMorgan Chase, Chrysler Jeep, Ford Escape, Wall Street, Opel, Focus, Green News
Steve Parker

Today's Detroit News newspaper reports that, because big investment banks such as Goldman Sachs and JPMorgan Chase own huge amounts of GM and Ford cor...

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CNBC's Fawning Coverage Helping Bond Billionaires Fleece Main Street

Raymond J. Learsy | Posted 09.15.2008 | Business

Read More: Hurricane Gustav, Goldman Sachs, Cnbc, Nazis, Hank Paulson, Freddie Mac, New York Sun, Bill Gross, Federal Reserve, Fannie Mae, Pimco, Wall Street Journal, Allianz, Nyjets, Nygiants, Business News
Raymond J. Learsy

No matter the cost, no matter the damage to the public weal, there are always some who through access and sheer financial wherewithal will turn a national disaster to profitable gain.

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The Black-Scholes Atomic Debt Bomb & 7 Predictions

Max Keiser | Posted 07.22.2008 | Business

Read More: Option Volatility Formula, Federal Reserve Bank, JP Morgan, Goldman Sachs, Deflation, Inflation, Black-Scholes, Business News
Max Keiser

By not deflating the supply of fiat, debt-based exchange units for so many years, the over supply of them, each a claim on America's future, has grown by quantum levels of risk.

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Scamming, Death-Faking Hedge Funder Sam Israel's Latest Victim: Goldman Sachs

ClusterStock | Corey Lorinsky | Posted 07.18.2008 | Business

Read More: Goldman Sachs, Faked Suicide, Sam Israel Faked Death, Bayou Group, Sam Israel, Bayou Hedge Fund, Samuel Israel III, Sam Israel Victims, Business News

Sam Israel's $250 million fraud and fake suicide are still leaving casualties. Now his defrauded Bayou Hedge Fund investors are trying to recoup some ...

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Hedge Funds Poach Talent From Weakened Investment Banks Like Bear Stearns

DealBook | Posted 07.08.2008 | Business

Read More: Investment Banks, Merrill Lynch, JPMorgan Chase, Goldman Sachs, GLG Partners, Economy, CQS, Bear Stearns, Bear Stearns Collapse, Citadel, Tudor Investment, Business News

Hedge funds are on a hiring binge, taking advantage of cutbacks at investment banks. Star traders, senior executives and whole teams have been recruit...

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Crying Fire! Did CNBC Kill Bear Stearns?

Yvette Kantrow | Posted 07.07.2008 | Media

Read More: Goldman Sachs, Bear Stearns, Erin Burnett, Alan Schwartz, Bryan Burrough, Vanity Fair, CNBC TV, Media News
Yvette Kantrow

Bryan Burrough in the August Vanity Fair develops his case against CNBC Inc., taking the network to task for failing to separate rumors about Bear's liquidity from fact.

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Obama's Money, Take Two

Bob Ostertag | Posted 07.01.2008 | Politics

Read More: Goldman Sachs, 2008 Election, Halliburton, Barack Obama, Campaign Finance, Politics News
Bob Ostertag

I desperately want Obama to win, and I hope Wall Street gives him $10 million more. Having Goldman Sachs run the government would be a huge step up from having Halliburton run it.

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Goldman Cuts Corners By Depriving Junior Execs Of Flying Business Class

New York Post | Mark DeCambre with Zachery Kouwe | Posted 06.18.2008 | Business

Read More: Lloyd Blankfein, Goldman Sachs Perks, Goldman Sachs, Goldman Sachs Junior Executives, Goldman Sachs Cut Corners, Riches to Rags, Housing Crisis, Subprime Mortage Crisis, Goldman Sachs Bonuses, Business News

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...

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Goldman Sachs Boasts High Earnings

Wall Street Journal | Posted 06.17.2008 | Business

Read More: Sub-Prime, Earnings Report, Goldman Sachs, Reported Earnings, Hedge Funds, Economy, Banking Crisis, Bear Stearns, Stock Market, Wall Street, Investment Banking, Mortgage Crisis, Business News

When Bear Stearns was dying (and even just before) many wondered what would happen to its successful prime brokerage business, which is engaged in the...

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After Rough Year, Nearly Half Of Wall St. Bank Profits Are Gone

The New York Times | LOUISE STORY | Posted 06.16.2008 | Business

Read More: Cirtigroup, Goldman Sachs, Merrill Lynch, JPMorgan Chase, Morgan Stanley, Wall Street Profits, Wall Street, Bank of America Profits, Major Banks, Lehman Brothers, Mortgage Crisis, Wall Street Mortage Crisis, Citigroup Profits, Wall Street Earnings, Lehman Shares, Business News

Only a year ago, Wall Street reveled in an era of superlatives: record deals, record profit, record pay. But a mere 12 months later, nearly half of th...

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Green Banking, Good Banking

John Tepper Marlin | Posted 06.04.2008 | Green

Read More: Carter Glass, Gramm, Carbon Bank, Cdo, Vanguard, Clean Energy, Hsbc, Deutsche Bank, Barclays, Jack Brennan, Goldman Sachs, Merrill Lynch, Energy Efficiency Index, Morgan Stanley, Lehman, Phil Gramm, ABN Amro, Bear Stearns, Glass-Steagall, Brennan, Ceres, Green News
John Tepper Marlin

If Ceres Climate Change ratings had been used as a proxy for long-term thinking, they would have been helpful. They would, in the context of the illiquidity of the credit markets, have been a good predictor of the Bankers Panic of 2008.

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Goldman's Lloyd Blankfein: A $74 Million Bargain?

Forbes | Posted 05.01.2008 | Business

Read More: Lloyd Blankfein, Goldman Sachs, CEO Compensation, Business News

At $74 million a year, Goldman Sachs Chief Executive Lloyd Blankfein may be a Wall Street bargain. The 53-year-old Blankfein caught a lot of flak whe...

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The Upside Down Banker: Banks Like Goldman Sachs in the US Are Listening to Muhammad Yunus

Vivian Norris de Montaigu | Posted 04.19.2008 | Business

Read More: Sub-Prime, Yunus, Poverty, Investment Banks, Economy, Katrina, Women Entrepreneurs, Grameen America, Entrepreneurs, Bangladesh, 0, Emerging Markets, Village Banks, Credit Agricole, Double Digit Returns, Goldman Sachs, Credit, 000 Women, Us, Arms, Business News
Vivian Norris de Montaigu

Banks in France, especially ones which began as "village banks" like Muhammed Yunus' own Grameen, have mutualist roots to begin with and are deeply linked to their communities well-being.

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Goldman Employees Denied Free Water, Soda

New York Post | ZACHERY KOUWE | Posted 04.03.2008 | Business

Read More: Investment Banks, Free Soda, Goldman Sachs, Wall Street, Bottled Water, Business News

Things must be really tough when Wall Street's most profitable investment bank starts cutting perks. Thirsty traders at Goldman Sachs now have to spr...

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How Goldman Sachs Secretly Destroyed Bear Stearns

Henry Blodget | Posted 04.02.2008 | Business

Read More: Goldman Sachs, Bear Stearns Alan Schwartz, Bear Stearns Collapse, Bear Stearns, Goldman Sachs Bear Stearns, Bear Stearns Buyout, Business News
Henry Blodget

Once again, Goldman seems to have outsmarted the rest of Wall Street, spotting a problem before everyone else did.

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Goldman Sachs: Wall St. May Face $460B In Losses

Bloomberg | Zhao Yidi | Posted 03.25.2008 | Business

Read More: Goldman Sachs, Bear Stearns Collapse, US Economy, Market Collapse, Wall Street, Business News

Wall Street banks, brokerages and hedge funds may report $460 billion in credit losses from the collapse of the subprime mortgage market, or almost fo...

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S&P Cuts Goldman, Lehman Outlooks

AP | Posted 03.21.2008 | Business

Read More: Goldman Sachs, Goldman, S&P, Lehman, Lehman Bros, Standard & Poor, Business News

Standard & Poor's Ratings Services said Friday it cut its outlook on Goldman Sachs Group Inc. and Lehman Brothers Holdings Inc., saying volatile marke...

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Visa's $17.9 Billion IPO Breaks Records

Reuters | Posted 03.18.2008 | Business

Read More: Goldman Sachs, Sec, Visa, Visa IPO, Jpmorgan, Visa Largest IPO, Largest Ever IPO, Business News

Visa Inc, the world's largest credit card network, on Tuesday raised $17.9 billion in an initial public offering, the largest-ever U.S. IPO. San Fran...

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Profits At Goldman, Lehman Slashed In Half

MarketWatch | Greg Morcroft | Posted 03.18.2008 | Business

Read More: Credit Crisis, Goldman Sachs, Wall Street, Investment Banks, Trading Revenue, Global Financial Markets, Credit Crunch, Lehman Bros, Investment Banking, First Quarter Profits, Business News

Wall Street titans Lehman Bros. and Goldman Sachs, at the center of a credit storm swirling through the global financial markets, both said Tuesday th...

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Goldman Leads with "10,000 Women" Initiative

Deborah Siegel and Jacki Zehner | Posted 03.07.2008 | Business

Read More: Working Women, Lloyd Blankfein, Ten Thousand Women, Goldman Sachs, Housing Market, Gdp, 000 Women, 10, Women and Work, Business News
Deborah Siegel and Jacki Zehner

Goldman Sach's vision to empower women entrepreneurs with a business education is an important component in support of long-term economic growth.

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Wall Street Gears For New Pain

Wall Street Journal | LINGLING WEI, RANDALL SMITH | Posted 03.03.2008 | Business

Read More: Citigroup, U.S. Economy, Banks, Subprime Loans, Real Estate, Credit Crunch, Subprime Shakedown, Goldman Sachs, Merrill Lynch, J.P. Morgan Chase, Morgan Stanley, Lehman Brothers, Bear Stearsn, Subprime Loan Crisis, J.P. Morgan, Commercial Real Estate, Business News

After suffering a beating from their exposure to home loans, banks and securities firms are about to take their lumps from office towers, hotels and o...

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