Q3 Earnings: Goldman Joins Other Big Banks in Struggle Through Bad Economic Climate
Joining other big banks that have reported Q3 2011 earnings in the last week, Goldman Sachs on Tuesday announced less-than-stellar results due to trading and investment bank weakness.
Goldman Sachs CEO Blankfein Testifies at Galleon Hedge Trial
Goldman Sachs CEO Lloyd Blankfein told a jury at an insider trading trial Wednesday that a former board member violated the company's confidentiality policies.
Goldman Sachs’ Blankfein May Testify in Galleon Case
Goldman Sachs CEO Lloyd Blankfein has reportedly been called to testify in the trial against Raj Rajaratnam, billionaire founder of the Galleon Group hedge fund.
Wall Street's Top 10 Richest Executives Worth Average $210 Million Each
According to a study released Thursday by Wealth-X, which collects and analyzes information on high-net-worth individuals, the top 10 executives on Wall Street average $210 million each in net worth, and are worth a combined $2.1 billion.
Goldman Sachs Q2 Earnings Plummet on SEC Settlement, U.K. Bank Tax, and Market Volatility
Goldman Sachs reported net earnings of $613 million for second-quarter 2010, an 82% drop from quarterly earnings a year ago, at $3.44 billion. Earnings per common share were posted at 78 cents versus $4.93, 84% lower.
When Bad Things Happened to Good Firms, Like Goldman Sachs
Like many of you, I suspect, I've been following with some interest the latest act in the financial reform circus: the Goldman Sachs case. Despite...
EU Official Blasts Moves by Moody's and Standard & Poor's on Portugal and Greece
By James Kanter (C) The New York Times 2010 BRUSSELS -- The European Union's financial services commissioner, Michel Barnier, vented his frustration with U.S.-based credit ratings agencies...
Listening to Goldman
The fair dealing (suitability) standard withstood a full day of scrutiny under Congressional headlights. The incredulity of some subcommittee members seems to reflect a "Rand...
Goldman Sachs, Suitability and the Fiduciary Standard
What duty does a broker/dealer have when creating securities for clients with opposing interests?
Crisis Culprits to Pay Back Cash?
It has been an extraordinary week, by any standard, if you were paying attention to what was happening in Washington regarding the financial crisis.