Tag Archives: Goldman

A Shuffle of Aluminum, but to Banks, Pure Gold

Source: THE NEW YORK TIMES David Walter Banks for The New York Times Aluminum ingots waiting to be shipped from a processor. Financial institutions like Goldman Sachs have used industry pricing regulations to earn millions of dollars each year. MOUNT … Continue reading

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Goldman Sachs profit doubles on investment gains, lower tax rate

By Lauren Tara LaCapra Tue Jul 16, 2013 3:44pm EDT (Reuters) – Goldman Sachs Group Inc (GS.N) on Tuesday said quarterly profit doubled, boosted by investment gains and a lower tax rate, but investors fretted that these factors will not … Continue reading

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Matt Taibbi: Another Goldman Creature Given Vital Government Post

Matt Taibbi, Rolling Stone Taibbi writes: “The British have a tough job ahead trying to clean that mess up, but appointing another Goldman vet to a crucial government job – the latest in a long line of such appointments, stretching … Continue reading

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The Daily Bell: Lloyd Blankfein: Let’s All Compromise to Support the Status Quo

Neil Keenan is now actively engaged in going after Blankfein and his ilk and will soon have much to say publicly. Please note a previous article by Neil in response to another of Blankfein’s ridiculous statements:  Neil Keenan says, “Blankfein, … Continue reading

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Goldman Sachs Reveals Its Greg Smith Battle Plans – by Kevin Roose – thanks to L.

This should be a fun time!  Isn’t Monday TODAY!? By Kevin Roose Round one…fight! As discussed earlier, Goldman Sachs is gearing up for the media battle of its life against Greg Smith, whose book on his now-famous resignation from the … Continue reading

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Goldman Sachs CEO Lloyd Blankfein: Company Engaged in Contingency Planning for Defaults in Europe

by D.M. Levine at Huffington Post Posted: 06/08/2012 5:50 pm Updated: 06/08/2012 5:54 pm Lloyd Blankfein spoke to reporters outside the insider trading trial of Rajat K. Gupta Friday Goldman Sachs is planning to prepare for possible bank failures and sovereign defaults in Europe, … Continue reading

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Accidentally Released – and Incredibly Embarrassing – Documents Show How Goldman et al Engaged in ‘Naked Short Selling’ – Thanks to CD

SOURCE: Rollingstone POSTED: May 15, 5:39 PM ET AP Photo/Douglas C. Pizac It doesn’t happen often, but sometimes God smiles on us. Last week, he smiled on investigative reporters everywhere, when the lawyers for Goldman, Sachs slipped on one whopper of … Continue reading

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Goldman Sachs CEO gets a raise in compensation, but performance pay decreases

Lauren Tara LaCapra, Reuters Apr 13, 2012 – 11:53 AM ET Last Updated: Apr 13, 2012 1:44 PM ET Chris Kleponis/Bloomberg files:  Goldman Sachs Group Inc. Chief Executive Lloyd Blankfein. Goldman Sachs Group Inc. Chief Executive Lloyd Blankfein’s compensation increased … Continue reading

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GOLDMAN HEIR SPEAKS: Greg Smith Was Right, They Ruined My Great-Grandfather’s Company

Rob Wile | Mar. 15, 2012, 5:52 PM BusinessInsider.com    Wikimedia Commons Marcus Goldman Henry Goldman III, the great-grandson of Goldman Sachs founder Marcus Goldman, says he agreed with Greg Smith’s New York Times op-ed criticizing the firm’s predatory culture.”I thought it was spot … Continue reading

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In The Meantime Iceland Is #Winning – Perhaps this is why the press has been so silent about Iceland. ~J

Submitted by Tyler Durden on 02/17/2012 10:47 -0500 Zerohedge.com While Greece and Europe continue sinking ever deeper into the colonial quicksand of Pax Goldmania, Iceland, which blew up, pushed its banks into bankruptcy, and arrested its corrupt bankers, is well on its … Continue reading

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Romney Backed by Goldman Sachs, Bailout Banks

 Breaking from Newsmax.com The top donor to former Massachusetts Gov. Mitt Romney’s presidential campaign, investment banking and securities firm Goldman Sachs, received over $10 billion in emergency lending and bailouts from the Federal Reserve after the 2008 financial meltdown, according … Continue reading

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The world according to Goldman Sachs

Ahead of the Davos summit, Goldman Sachs president Gary Cohn talks to The Sunday Telegraph about the outlook for Europe, the US economy and whether 2012 holds any rays of hope. Although the Occupy Wall Street protesters have been corralled … Continue reading

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Jed Rakoff’s fraught decision by Felix Salmon

NOV 28, 2011 17:32 EST REUTERS  Jed Rakoff’s decision to block the proposed $285 settlement between the SEC and Citigroup is very welcome, but also raises all manner of questions about what might happen next. The ruling is worth reading — as are all … Continue reading

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Goldman Execs Stay Fat and Happy

By Gary Rivlin (The Daily Beast) | Reader Supported News 19 October 11 The investment bank had a lousy third quarter, but employees will still take home billions in bonuses. Gary Rivlin asks, what gives? Today’s Goldman Sachs earning reports … Continue reading

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Goldman Loss Offers a Bad Omen for Wall Street

By Susanne Craig | The NY Times October 19 2011 Goldman Sachs, once Wall Street’s highest flier, has been grounded, and it does not bode well for the rest of the financial industry or the New York City economy that … Continue reading

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Has Goldman Sachs lost its magic touch?

With forecasts of a third-quarter loss and exposure to a gloomy world economy, is all is well at the bank some love to hate ? By Helia Ebrahimi & Richard Blackden | The Telegraph 08 Oct 2011 It has been … Continue reading

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