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22 Dec 2011, 11:00 am by Lucas A. Ferrara, Esq.
  The resolution at Goldman Sachs was co-filed by the UAW Retiree Medical Benefits Trust, which provides health care benefits to 840,000 auto industry retirees and has $54 billion assets under management. [read post]
21 Dec 2011, 9:11 am by Max Kennerly, Esq.
As explained on the Delaware business litigation blog run by Morris James (coincidentally, co-counsel for defendants in the Southern Copper case), entire fairness complaints are often dismissed without even a chance at trial, even if they allege otherwise improper c [read post]
16 Dec 2011, 10:54 pm
(The 22 investors include the Federal Reserve Bank of New York, Black Rock Inc., Goldman Sachs Asset Management, MetLife Inc., and PIMCO). [read post]
16 Dec 2011, 4:59 pm by Sean Captain
Facing a difficult winter and in desperate need of supplies, some people advocated taking the money, as long as they made clear that there were “no strings attached.” Others, including Zeese, felt that it was impossible to take money and remain independent. “You look at Obama taking money from Goldman Sachs,” he said. “Does that taint him? [read post]
12 Dec 2011, 12:46 pm by Lovechilde
In the 2008 election, JPMorgan employees gave $4.6 million to the candidates of their choice, coming in behind only Goldman Sachs and Citigroup on The Street. [read post]
12 Dec 2011, 6:58 am
At a financial services conference at Goldman Sachs & Co., Chief Executive Officer Vikram Pandit stated that the layoffs are part of the banks effort to reduce costs given the bank's decreased revenues and "unprecedented" market conditions. [read post]
2 Dec 2011, 5:44 pm by By SUSANNE CRAIG and PETER LATTMAN
Forst, the co-head of asset management, is retiring from Goldman Sachs amid questions about his leadership style. [read post]
1 Dec 2011, 1:58 pm
The Goldman Sachs Group, Inc. and its lawyers at Schulte Roth & Zabel unsuccessfully fought to vacate a $20.6 million FINRA award that resulted from the bank's alleged failure to detect fraud at the bankrupt hedge fund Bayou Group LLC. [read post]
30 Nov 2011, 2:15 pm by Mandelman
 JP Morgan Chase went from A+ to A; Goldman Sachs, Bank of America, Morgan Stanley and Citigroup were downgraded from A to A-; and Wells Fargo was cut from AA- to A+. [read post]
29 Nov 2011, 2:56 pm by Chad Bray
Kumar, who has pleaded guilty to criminal charges and is cooperating with prosecutors, was a key government witness in Rajaratnam’s trial earlier this year and could be a witness in the insider-trading trial next year of Rajat Gupta, a former director at Goldman Sachs Group Inc. and Procter & Gamble. [read post]
29 Nov 2011, 8:14 am by Mandelman
(WFC), Goldman Sachs Group Inc. and Morgan Stanley (MS) — had $50 billion in risk tied to the GIIPS. [read post]
29 Nov 2011, 12:35 am by Kevin LaCroix
Goldman admitted only that its marketing materials contained “incomplete information,” and that it was a “mistake” that the materials did not explain the role of Paulson & Co. in selecting the assets underlying the toxic securities. [read post]
28 Nov 2011, 8:57 pm
In March 2010, a former Goldman Sachs CEO, Jon Corzine became CEO of MF Global joking with not some insignificant degree of obviously unjustified hubris that "I hadn't heard of this company a week ago. [read post]
21 Nov 2011, 2:43 pm by Chad Bray
Just in time for your early holiday shopping: former Goldman Sachs Group Inc. and Procter & Gamble director Rajat Gupta and the Securities and Exchange Commission put in their wish lists Monday for their top choices for people they would like to question as part of a civil insider-trading lawsuit. [read post]
21 Nov 2011, 2:43 pm
The money let AIG pay off Goldman Sachs and other counterparties, as well as compensate its executives with $182 million in bonuses. [read post]