Warren Buffett to Become Major Goldman Shareholder
The deal saves Buffett’s Berkshire Hathaway billions in costs and lets Goldman maintain the accretion to its stock price.
Goldman’s Blankfein for Treasury Secretary?
CEO Lloyd Blankfein hinted he might like the job, just not anytime soon, in a wide-ranging interview with Bloomberg TV.
BRIC Inventor O’Neill Checks Out Early From Goldman Sachs
O'Neill, who coined the term 'BRIC' to describe the emerging-markets juggernaut of Brazil, Russia, India and China, surprised the asset management world with his early retirement.
Wall Street Sees Soaring Start to Q4 Earnings Season
Both banks beat analysts’ expectations by a mile, with GS reporting quarterly EPS of $5.60 versus EPS estimates of $3.78 and JPM reporting EPS of $1.39 versus estimates of $1.22.
‘Wall Street, We’ve Got a Problem,’ Says Wall Street
Who thinks Wall Street has a reputation problem and that increased regulation is needed to restore trust in the financial services industry? Wall Street, that’s who.
Goldman’s Blankfein Feels ‘Shame’ for Underestimating Firm’s Importance
The Goldman CEO believes firm is still ‘vampire squid’ is eyes of consumer.
Picard Hits Homer vs. Mets
How many All-Star free agents could $162 million have bought the New York Mets?
Compensation Spending Down at Goldman, Up at Smaller Firms
Goldman Sachs ended 2011 with one of the lowest compensation-to-revenue ratios of the publicly traded investment banks, 42%, according to SNL Financial analysis.
Goldman Sachs Exec’s Kiss-and-Tell Resignation: News Analysis
It must be every boss’ worst nightmare: to receive an employee’s resignation letter on the Op-Ed page of The New York Times. And so Goldman Sachs CEO Lloyld Blankfein could be excused for suspending his efforts doing “God’s work” for a few moments as he lamented reading Greg Smith’s very...
Q4 Earnings: Goldman Beats Street; Net Income Falls
In fourth-quarter 2011, Goldman Sachs earned $1 billion, or $1.84 per share, from October through December, beating analysts' estimate of $1.28 per share.