Investment Banking

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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Investment Firms Tap Fed for Billions

AP | JEANNINE AVERSA | Posted 03.20.2008 | Business

Read More: Treasury Securities, Investment Banking, Investment Banks, Federal Reserve, Business News

WASHINGTON — Big Wall Street investment companies are taking advantage of the Federal Reserve's unprecedented offer to secure emergency loans, t...

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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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Private Equity Moguls See Fortunes Plummet

New York Times | MICHAEL J. de la MERCED | Posted 03.11.2008 | Business

Read More: Investment Banking, U.S. Economy, Kohlberg Kravis Roberts, Wall Street, Private Equity Moguls, Recession Fears, Recession, Homeowners, Private Equity, Butout Firms, Investments, Blackstone Group, Business News

With their big paydays and bigger egos, private equity moguls came to symbolize an era of hyper-wealth on Wall Street. Now their fortunes are plummet...

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School Daze: Why is the Media Obsessed with Where Jereome Kerviel Went to College?

Yvette Kantrow | Posted 02.01.2008 | Business

Read More: Investment Banking, Socgen, Jerome Kerviel, Societe Generale, The New York Times, Business News
Yvette Kantrow

Why is the media obsessed with where Jérôme Kerviel, aka the mad trader, went to school? You can hardly pick up a newspaper account of Kerviel's she...

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What Credit Crisis? Goldman Rakes In The Cash

New York Times | JENNY ANDERSON, LANDON THOMAS Jr. | Posted 11.19.2007 | Business

Read More: Lloyd Blankfein, Investment Banking, Investment Banks, Goldman Sachs, Lloyd C. Blankfein, Business News

For more than three months, as turmoil in the credit market has swept wildly through Wall Street, one mighty investment bank after another has been br...

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Bush Vows to Help Subprime Victims, Save the Suburbs: When Is a Non-Bailout Really a Bailout, and Why It's a Joke

Danny Schechter | Posted 09.02.2007 | Business

Read More: Foreclosure, Markets, Subprime, Bailout, Economy, Investment Banking, Business News
Danny Schechter

Last Friday, the president announced some modest, mild, limited intervention -- all terms used in the press -- to put a band aid on this subprime cancer, and whatever you do, don't call it a bail-out.

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