Geithner Interviewed By Bloomberg: Says Goldman Would Have Failed, Dismisses Tobin Tax (VIDEO)
During an interview this week on Bloomberg's Political Capital with Al Hunt, Treasury Secretary Timothy Geithner disputed claims made by Goldman Sachs...
During an interview this week on Bloomberg's Political Capital with Al Hunt, Treasury Secretary Timothy Geithner disputed claims made by Goldman Sachs...
bloomberg.com | David Reilly | Posted 12.04.2009 | Business
JPMorgan Chase & Co. lists lots of assets, ranging from loans to securities to cash, on its $2 trillion balance sheet. Not to be found is one that mig...
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.
bloomberg.com | Alice Schroeder | Posted 12.01.2009 | Business
"I just wrote my first reference for a gun permit," said a friend, who told me of swearing to the good character of a Goldman Sachs Group Inc. banker ...
Tom Gregory | Posted 12.01.2009 | Comedy
Editor's note: the following blog post is satire. Reuterz, New York - In swift reaction to recent calls for his resignation, Lloyd Blankfein, Chairma...
Andy Stern | Posted 11.25.2009 | Business
Goldman Sachs CEO Lloyd Blankfein has a lot to be thankful for this year. But among it all, he and other Wall Stree CEOs don't seem especially thankful for the American people.
Robert Scheer | Posted 11.25.2009 | Business
Why is Summers once again running the show with Geithner when both have made careers of exhibiting total contempt for the public interest? Because there's no accountability for the high rollers of finance.
Ruth Sherman | Posted 11.21.2009 | Business
As Goldman Sachs may be discovering, belatedly and to its chagrin, image matters. Perception is reality. Therefore, if we want business and government to do better by us, we need more arts education, not less.
Andy Stern | Posted 11.24.2009 | Business
Lloyd Blankfein doesn't get it. If he really wants to change Goldman Sachs' image, he's got to change reality.
Raymond J. Learsy | Posted 11.21.2009 | Business
Did Goldman and the other banks know for certain that the bankruptcy of AIG was no longer a risk for them? That the Fed and Treasury were now irrevocably committed to saving AIG?
Posted 11.20.2009 | Business
Think of it as an atypical example of "shareholder activism." Several of the biggest shareholders of Goldman Sachs -- which, it should be noted, has m...
Charles Gasparino | Posted 11.23.2009 | Business
What CEO bypasses shareholders in an attempt to buy off public outrage over billion dollar bonuses if such outrage isn't justified in the first place?
AP | Posted 11.18.2009 | Business
NEW YORK -- Goldman Sachs Group Inc. said Tuesday it is teaming with billionaire investor Warren Buffett to invest $500 million to provide thousands o...
bloomberg.com | Christine Harper and Matt Townsend | Posted 11.17.2009 | Business
Lloyd Blankfein, chairman and chief executive officer of Goldman Sachs Group Inc., apologized for the firm's role in some of the activities leading to...
Mike Elk | Posted 11.17.2009 | Politics
Goldman Sachs is, in the words of Rolling Stone journalist Matt Taibbi, "a great vampire squid wrapped around the face of humanity, relentlessly jamming its blood funnel into anything that smells like money."
Paul Abrams | Posted 11.16.2009 | Politics
Juxtaposed against the harm big banks have already and can do again, JP Morgan CEO Jamie Dimon's arguments for scale, even if true, are woefully inadequate.
Andy Stern | Posted 11.16.2009 | Business
We're taking to the streets because it seems as if companies like Goldman Sachs love their company more than their country. Goldman Sachs seems to salute no flag but their own corporate logo.
bloomberg.com | Susan Antilla | Posted 11.16.2009 | Business
In the 14 years I've written columns for Bloomberg News, I've had plenty of feedback from investors who said they lost money at the hands of corrupt b...
Lesley Stern | Posted 11.12.2009 | Comedy
If you're quivering with rage just thinking about Wall Street, it's time to take action. I've discovered a way to achieve a semblance of inner peace without therapists, tranquilizers or weapons.
New York Times | GERALDINE FABRIKANT | Posted 11.12.2009 | Business
The 2008 tax filing for the Goldman Sachs Foundation, a copy of which was provided by the firm late Wednesday, provides a glimpse of the legendary tra...
Tom Gregory | Posted 11.12.2009 | Comedy
In a rare glimpse behind the closed-doors of The Federal Reserve, Chairman Ben Bernanke released a snapshot of the economy they have been looking at for months.
Michael Brenner | Posted 11.11.2009 | World
Rarely has a great power so willfully set itself down the path of self-destruction with so little reason as America has in Afghanistan. This is pathological behavior that cries out for diagnosis and correction.
The Huffington Post | Ryan McCarthy | Posted 11.11.2009 | Business
For those concerned about how Goldman Sachs is set to bring in record-breaking profits while the broader economy remains downright stalled, there is o...
Tom Gregory | Posted 11.12.2009 | Comedy
Our Chairman, Who Art At Goldman, Blankfein Be Thy Name.
Posted 11.11.2009 | Media
On Countdown Monday, Olbermann awarded the bronze medal for "Worst Persons in the World" to Rush Limbaugh. The conservative radio host made light of ...
Posted 12.05.2009 | Business