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15 Mar 2012, 4:48 am
Yesterday, Greg Smith offered his resignation to Goldman Sachs by way of a scathing op-ed in the New York Times. [read post]
14 Mar 2012, 1:16 pm
Wall Street, of course, has always sought profits — but if greed were to be countenanced, it should be long-term greed, not short-term greed, in the words of Gus Levy, who led Goldman Sachs in the 1960s and ’70s. [read post]
14 Mar 2012, 8:01 am
Image source: Goldman Sachs via Shutterstock ———— Over at footnotedPro, we comb through SEC filings to find what other investors miss. [read post]
14 Mar 2012, 5:50 am
Public Exit: Goldman Sachs executive Greg Smith’s resignation brings new attention to Wall Street’s culture, which he decried in an open diatribe, The New York Times reports. [read post]
5 Mar 2012, 2:08 am
Last Friday, Overstock.com (NASDAQ: OSTK) reported a fourth quarter net loss of $3.4 million compared to net income of $14.9 million in the previous year’s fourth quarter. [read post]
2 Mar 2012, 2:00 am
Kiernan retired from Goldman Sachs to enter the world of best-selling novels and political advice. [read post]
1 Mar 2012, 2:41 pm
In brief, Goldman Sachs was on both sides of a takeover deal and Strine spanked them. [read post]
27 Feb 2012, 10:54 am
Goldman Sachs, however, says that it will record an $11 billion profit from the compound transaction although a spokesperson from the investment bank says the firms is not yet exactly sure why. [read post]
26 Feb 2012, 7:29 pm
The e-mails also purport to show Stratfor’s attempt to set up an investment fund with a Goldman Sachs director to trade on the intelligence Stratfor collects, as well as give insight into how the private intelligence firm acquires, and sometimes pays for, information. [read post]
18 Feb 2012, 8:19 am
The Wall Street Journal reports this morning that the private equity arm of Goldman Sachs along with PE player Advent International have agreed to acquire TransUnion. [read post]
17 Feb 2012, 12:40 pm
During a hearing in Manhattan federal court Thursday evening, defense attorney Gary Naftalis, who is representing former Goldman Sachs director Rajat Gupta in an insider trading case, explained that co-counsel David Frankel would be making the argument. [read post]
17 Feb 2012, 9:50 am
TransUnion, of Smith v Van Gorkom fame, is to be sold by the Pritzker family and Madison Dearborn Partners to Advent International and Goldman Sachs for $3 billion. [read post]
17 Feb 2012, 7:10 am
The decision is also a loss for Goldman Sachs, which reported Mr. [read post]
8 Feb 2012, 8:05 am
Morgan, Goldman Sachs, Morgan Stanley, and hundreds of other securities firms, banks, and asset managers. [read post]
6 Feb 2012, 6:57 am
The New York Times, ProPublica and others have revealed Wall Street giants like JPMorgan, Citigroup, Bank of America and Goldman Sachs... [read post]
4 Feb 2012, 12:02 pm
The Occupy movement comes from all aspects of Canadian society, including those with close family ties to the wealthy elite. [read post]
1 Feb 2012, 6:51 am
Gupta on Tuesday, filing a new indictment that broadens what they claim was an insider trading conspiracy between the former director of Goldman Sachs and Raj Rajaratnam. [read post]
1 Feb 2012, 6:51 am
Gupta on Tuesday, filing a new indictment that broadens what they claim was an insider trading conspiracy between the former director of Goldman Sachs and Raj Rajaratnam. [read post]
27 Jan 2012, 3:37 pm
AIG renamed it the American International Building. [read post]
19 Jan 2012, 3:17 am
Rajat Gupta, a former chief of the consulting firm McKinsey & Co and director of both Goldman Sachs Group Inc and Procter & Gamble Co, has been charged with providing illegal tips to Rajaratnam. [read post]