Goldman and the Smell of Guilt
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?
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 ...
Tom Gregory | Posted 12.17.2009 | Comedy
L'Osservatore Romano is reporting that Goldman Sachs is indeed Doing God's work, and His Former Holiness Joseph Ratzinger has confirmed the unsolicited hostile takeover.
Andy Borowitz | Posted 11.09.2009 | Comedy
While Satan said he was "delighted" by the bonuses being paid out to Wall Street executives this year, he was clearly miffed that his role in the financial firms' successes had been largely ignored.
Charles Gasparino | Posted 11.09.2009 | Business
The only thing worse than Goldman Sachs amassing billions in bonus money for its executives, based on various government subsidies and bailout measures, is listening to it try to explain it all away.
The New York Times | LOUISE STORY | Posted 11.08.2009 | Business
Banks cut bonuses last year and shifted more pay into stock and options from cash, a tactic that lawmakers supported for its emphasis on long-term per...
Times Online | John Arlidge | Posted 11.07.2009 | Business
Goldman's reputation is suddenly as toxic as the credit default swaps and other inexplicably exotic financial instruments it used to buy with glee. Th...
Felix Salmon | Posted 11.05.2009 | Business
With Jon Corzine losing the governorship of New Jersey yesterday, it was yet another bad day for former heads of Goldman Sachs. It's worth running dow...
Posted 11.04.2009 | Business
The CEO of Britian's second-largest bank became the second of that nation's banking figures to make the case for profits in the house of god, defendin...
McClatchy | Greg Gordon | Posted 11.01.2009 | Business
WASHINGTON -- In 2006 and 2007, Goldman Sachs Group peddled more than $40 billion in securities backed by at least 200,000 risky home mortgages, but n...
HuffingtonPost.com | Jason Linkins | Posted 10.20.2009 | Business
Things are really looking up for Goldman Sachs! Earnings are up and bonuses are booming. And let's not overlook the value of some underreported commodities that the financial firm is trading on -- free passes from the press!
New York Times | FRANK RICH | Posted 10.17.2009 | Business
As leader of the Wall Street pack, Goldman declared surging profits, keeping it on track to dispense a record $23 billion in bonuses for 2009. But mos...
Posted 10.16.2009 | Business
New York Times scribe Andrew Ross Sorkin's much-anticipated book Too Big To Fail may be the closest we'll ever get to being a fly on the wall during l...
Charles Gasparino | Posted 11.23.2009 | Business