Investment Bank

Goldman Turns Into a Financial Frankenstein While the Fed Snoozes Away

Raymond J. Learsy | Posted 10.19.2009 | Business


Raymond J. Learsy

Goldman was not assisted by the government to become a voracious and even heftier investment bank. Rather, one can presume that the government's assistance was to prevent systemic failure.

Sorkin On What Happened After Lehman

Robert Teitelman | Posted 10.05.2009 | Business


Robert Teitelman

New York Times' reporter Andrew Ross Sorkin's excerpt microscopically examines the actions of some key regulatory and Wall Street players, in this case during the period immediately after Lehman failed.

JPMorgan Chase In Slump, Profit Drops 50 Percents

AP | MADLEN READ | Posted 04.24.2008 | Business


NEW YORK — JPMorgan Chase & Co.'s profit fell 50 percent in the first quarter after the bank took a provision of $5.1 billion to strengthen its ...

Does Goldman Deserve Its Golden Status?

Seeking Alpha | Posted 03.28.2008 | Business


Goldman Sachs (GS) continues to be the favorite investment bank for many, but market instability and its premium valuation has analysts debating its p...