Bank results threaten to dash US hopes

Posted on January 15th, 2012 in Economy | Comments Off

Goldman Sachs, Morgan Stanley, Citigroup and Bank of America are set to report fourth-quarter earnings

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Bank results threaten to dash US hopes

MF Global considers sale among options

Posted on October 26th, 2011 in Economy | Comments Off

Broker-dealer run by former Goldman Sachs chief Corzine struggles to stave off a credit rating downgrade to ‘junk’ status

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MF Global considers sale among options

SEC rule aims to clean up securities market

Posted on September 19th, 2011 in Economy | Comments Off

Ban sought on banks shorting securities they have sold, the kind of activity Goldman Sachs was accused of last year in the so-called Abacus deal

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SEC rule aims to clean up securities market

GOSSIP: Today’s Wall Street Buzz in 60 Seconds – Business Insider

Posted on September 14th, 2011 in Wall Street Scams | Comments Off

Business Insider GOSSIP: Today's Wall Street Buzz in 60 Seconds Business Insider Goldman Sachs' head of global human capital Edith Cooper says there's still a lot of work to do in gaining equality for women on Wall Street . Watch the video here. Another hedge fund manager retired. Campbell & Company's chief executive Terri Becks … and more

Global investment banks return to Indonesia

Posted on September 13th, 2011 in Economy | Comments Off

Groups such as Goldman Sachs, Morgan Stanley and Barclays Capital lured by economic growth and strong demand for commodities

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Global investment banks return to Indonesia

FHFA Sues 17 Banks Over Massive Mortgage Losses At Fannie and …

Posted on September 2nd, 2011 in Fraud, Scams | Comments Off

Affecting major banks like Bank of America, JPMorgan Chase, Goldman Sachs and Citigroup, the suit alleges negligent misrepresentation, securities laws violations, and common fraud as they issued, bundled, and sold MBS …

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FHFA Sues 17 Banks Over Massive Mortgage Losses At Fannie and …

Goldman Sachs braced for legal battles over financial crisis – The Guardian

Posted on August 23rd, 2011 in Wall Street Scams | Comments Off

The Guardian Goldman Sachs braced for legal battles over financial crisis The Guardian Photograph Charles Dharapak/AP Goldman Sachs, the embattled investment bank, will face an array of legal claims focusing on its conduct during the financial crisis, one of Wall Street's most feared lawyers warned last night. … Goldman Sachs in Eye of Wall Street Storm Examiner.com Goldman Sachs CEO Lawyers Up Amid DOJ Investigation Forbes Goldman Sachs CEO hires criminal defense lawyer Los Angeles Times Wall Street Journal

Goldman Sachs CEO Lawyers Up Amid DOJ Investigation – Forbes

Posted on August 22nd, 2011 in Wall Street Scams | Comments Off

Globe and Mail Goldman Sachs CEO Lawyers Up Amid DOJ Investigation Forbes I'm a reporter on the Investments and Wall Street beat. Before joining Forbes, I wrote about everything (Seriously-everything) related to financial advisors for a trade pub called Registered Rep. I find Wall Street fascinating. … Goldman Chief Hires Outside Counsel Amid Probes Wall Street Journal Goldman Sachs CEO hires criminal defense lawyer Los Angeles Times Under Fire, Goldman Sachs CEO Hires Top-Notch Attorney Fox Business The Guardian

Alternatives To Foreclosure; Why are banks have stop all …

Posted on August 20th, 2011 in Scams | Comments Off

Alternatives To Foreclosure; Why are banks have stop all foreclosures, what kind of scam did the gov't and Goldman Sachs have come up with? … help law laws loans notice option plan prevention process protection second relief rights solution specialist get out of government mark yeates realtor utah wells fargo fannie mae freddie mac chase bank of america flagstar citibank us bank usaa gmac hsbc fifth third bank litton loan servicing onewest ahmsi hafa …

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Alternatives To Foreclosure; Why are banks have stop all …

Allstate Sues Goldman For Selling ‘Crap’ Mortgage Securities – Forbes

Posted on August 17th, 2011 in Fraud, Wall Street Scams | Comments Off

USA Today Allstate Sues Goldman For Selling 'Crap' Mortgage Securities Forbes Armed with only a basic knowledge of Wall Street at the start, after more than a thousand stories I'm starting to get the hang of this business. My contributions to the Forbes brand don't end when I leave the office either: I'm also the reigning … Allstate Sues Goldman Sachs for 'Junk' Mortgage Securities Fraud Gather.com Allstate sues Goldman Sachs over toxic investments The Associated Press all 187 news articles

Goldman Sachs Sued, H&R Block Settles, Munis: Compliance – San Francisco Chronicle

Posted on August 10th, 2011 in Wall Street Scams | Comments Off

Wall Street Journal Goldman Sachs Sued, H&R Block Settles, Munis: Compliance San Francisco Chronicle 10 (Bloomberg) — The National Credit Union Administration has sued Goldman Sachs Group Inc., accusing the Wall Street firm of violating federal and state laws in the sale of securities to now-failed corporate credit unions. NCUA is seeking damages in … Goldman Sachs, Point Blank, H&R Block, Citigroup, Munis, FSA: Compliance Bloomberg US sues Goldman Sachs in credit union failures Los Angeles Times all 215 news articles

Goldman Sachs Escapes Fraud Charges Again – CNBC.com

Posted on July 22nd, 2011 in Fraud, Wall Street Scams | Comments Off

Goldman Sachs Escapes Fraud Charges Again CNBC.com This kind of clarity would benefit both outside investors and Wall Street . But it's hard to blame Goldman for not wanting these questions answered in a lawsuit against them. Questions? Comments? Email us at Follow John on Twitter @ twitter.com/Carney …

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Goldman Sachs Escapes Fraud Charges Again – CNBC.com

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Goldman Sachs workers each to take home £300000 for a year in which the bank … – Daily Mail

Posted on July 19th, 2011 in Wall Street Scams | Comments Off

Daily Mail Goldman Sachs workers each to take home £300000 for a year in which the bank … Daily Mail Earnings have halved since the start of the year after the Wall Street giant failed to protect itself against the massive turbulence on financial markets. Goldman admitted that it had 'underperformed' its rivals amid the mounting crisis in the … and more

RWE considers pulling plug on Npower

Posted on July 5th, 2011 in Economy | Comments Off

The German utilities group is reviewing its strategic options, advised by Goldman Sachs, as it grapples with net debt of €27.5bn

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RWE considers pulling plug on Npower

Goldman’s Solomon: Dark horse contender in CEO race – Portfolio.com

Posted on June 26th, 2011 in Wall Street Scams | Comments Off

International Business Times Goldman's Solomon: Dark horse contender in CEO race Portfolio.com REUTERS/Danny Moloshok By Lauren Tara LaCapra NEW YORK (Reuters) – David Solomon isn't your typical master of the universe, but he might have what it takes to lead Wall Street's most powerful bank. The 49-year-old co-head of Goldman Sachs' investment … Goldman's Solomon: Dark horse contender in CEO race Reuters Canada all 16 news articles

Goldman and Clive Capital to launch commods index

Posted on June 12th, 2011 in Economy | Comments Off

Goldman Sachs and Clive Capital are to launch a commodities index aimed at risk-averse institutional investors

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Goldman and Clive Capital to launch commods index

Goldman Sachs Executives May Have Lied But Not About Anything “Massive” – Forbes (blog)

Posted on June 10th, 2011 in Wall Street Scams | Comments Off

Telegraph.co.uk Goldman Sachs Executives May Have Lied But Not About Anything “Massive” Forbes (blog) When it comes to Washington DC and Wall Street , we know answering the question, “How big was it really?” is all relative. Rather, the Securities and Exchange Commission (SEC) already knows if Blankfein and CFO David Viniar lied both in quarterly … For $10M, Goldman makes suit go away New York Post Goldman 'Huddles,' Swaps 'Black Hole,' Air Rules, Autoliv: Compliance Bloomberg Goldman pays $10m to settle 'huddle' probe Financial Times FierceFinance

Small caps: online retailer finds favour

Posted on June 8th, 2011 in Economy | Comments Off

Asos was in focus after Goldman Sachs set a £35 target price and reckoned a successful roll out of its offering in China could push the retailer’s share price even higher

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Small caps: online retailer finds favour

NY prosecutors probe Goldman on crisis

Posted on June 3rd, 2011 in Economy | Comments Off

Goldman Sachs was subpoenaed by Manhattan prosecutors seeking details on its conduct during the financial crisis, opening a fresh legal front for the bank

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NY prosecutors probe Goldman on crisis

Goldman nears sale of Litton Loan to Ocwen

Posted on June 2nd, 2011 in Economy | Comments Off

Goldman Sachs is close to selling its mortgage servicing division in a deal that would bring an end to its foray into collecting payments from borrowers

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Goldman nears sale of Litton Loan to Ocwen

Goldman Sachs hit with subpoena from Manhattan DA: Will Wall St. fat cats face … – New York Daily News

Posted on June 2nd, 2011 in Fraud, Wall Street Scams | Comments Off

CBC.ca Goldman Sachs hit with subpoena from Manhattan DA: Will Wall St . fat cats face … New York Daily News Do you think any Wall St . fat cats will ever see jail-time for their roles in the 2008 credit collapse? No, financial fraud connected to the crisis can be hard to prove. Manhattan District Attorney Cy Vance has a fat new target: Wall Street titan … Goldman Said to Get Subpoena Over Its Role in Crisis New York Times (blog) Goldman Sachs back under the microscope Globe and Mail Manhattan DA subpoenas Goldman in mortgage-deal probe MiamiHerald.com Salon

Facebook’s Future on the Open Market – Knowledge@Wharton

Posted on May 31st, 2011 in Wall Street Scams | Comments Off

Knowledge@Wharton Facebook's Future on the Open Market Knowledge@Wharton The Wall Street Journal reported on May 1 that Facebook's earnings before interest, taxes, depreciation and amortization may top US$2 billion for 2011. In January, Goldman Sachs and Russian investment firm Digital Sky Technologies invested US$500 … and more

Citigroup attracts a more viable flow of new funds

Posted on May 29th, 2011 in Economy | Comments Off

After benefitting initially from movement away Morgan Stanley, Goldman Sachs and Bear Stearns, Citigroup began to lose momentum. Now Citi is hiring aggressively in the prime brokerage space

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Citigroup attracts a more viable flow of new funds

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NY Fed probes Goldman unit

Posted on May 25th, 2011 in Economy | Comments Off

The New York Federal Reserve is investigating allegations of misconduct by the mortgage servicing arm of Goldman Sachs

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NY Fed probes Goldman unit

Market-collapse criminal prosecutions are scarce – San Francisco Chronicle

Posted on May 24th, 2011 in Wall Street Scams | Comments Off

New York Times Market-collapse criminal prosecutions are scarce San Francisco Chronicle In the 18 months since, no senior Wall Street executive has been criminally charged, and some lawmakers are questioning whether the Justice Department has been aggressive enough after declining to bring cases against officials at American International … How an Inquiry of Goldman Sachs Might Play Out New York Times all 2 news articles

Prosecutors Faulted on Failing to Catch Credit-Crunch ‘Bandits’ – Bloomberg

Posted on May 23rd, 2011 in Wall Street Scams | Comments Off

New York Times Prosecutors Faulted on Failing to Catch Credit-Crunch 'Bandits' Bloomberg In the 18 months since, no senior Wall Street executive has been criminally charged, and some lawmakers are questioning whether the US Justice Department has been aggressive enough after declining to bring cases against officials at American … How an Inquiry of Goldman Sachs Might Play Out New York Times Critics wondering what happened to Wall Street prosecutions AMERICAblog (blog) all 11 news articles

Levin sees ‘real hope’ of fresh Goldman probe

Posted on May 18th, 2011 in Economy | Comments Off

Carl Levin, chairman of the Senate’s investigative subcommittee, said there was “real hope” law enforcement authorities would act on his panel’s report accusing Goldman Sachs of misleading investors and Congress

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Levin sees ‘real hope’ of fresh Goldman probe

Critics find further fault with Goldman

Posted on May 18th, 2011 in Economy | Comments Off

The bullish view on Goldman Sachs is that its regulatory and legal issues are coming to an end. Carl Levin, the Democratic senator from Michigan, is one of a number of people standing in the way

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Critics find further fault with Goldman

Goldman reshuffles investment bank top ranks

Posted on May 17th, 2011 in Economy | Comments Off

Goldman Sachs has shuffled the senior ranks within its investment banking arm as it seeks to strengthen client relationships that frayed during public battles with regulators and politicians in wake of financial crisis

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Goldman reshuffles investment bank top ranks

Investor appetite for risk boosts Goldman

Posted on May 10th, 2011 in Economy | Comments Off

Goldman Sachs said its traders lost money on only one day in the last quarter, underlining how volatile markets and investors’ appetite for risk helped revive Wall Street’s biggest source of revenue

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Investor appetite for risk boosts Goldman

Small caps: Holidaybreak feels effect of downgrade

Posted on April 20th, 2011 in Economy | Comments Off

Goldman Sachs downgraded the tour operator to “sell” on reduced earnings forecasts

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Small caps: Holidaybreak feels effect of downgrade

Goldman on the defensive

Posted on April 14th, 2011 in Economy | Comments Off

If there is one area that congressional investigators believe contains the key to possible criminal probes into Goldman Sachs’ role in the crisis, it’s the ‘big short’

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Goldman on the defensive

US Senate report zeroes in on Goldman

Posted on April 13th, 2011 in Economy | Comments Off

Does the Senate report into Wall Street draw a line under Goldman Sachs’ political and legal issues or breathe new life into the charges against it of misleading clients?

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US Senate report zeroes in on Goldman

Goldman’s bonzer down under buy-out

Posted on April 7th, 2011 in Economy | Comments Off

Goldman Sachs’ decision to buy out shareholders owning 55 per cent of its Australasian affiliate looks a smart one

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Goldman’s bonzer down under buy-out

Goldman doubled CEO bonus for 2010

Posted on April 2nd, 2011 in Economy | Comments Off

Goldman Sachs doubled Lloyd Blankfein’s annual bonus for 2010, awarding the chief executive $18m in cash and stock for steering the bank through one of the most tumultuous years in its history

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Goldman doubled CEO bonus for 2010

Half Of Gay Wall Streeters Are Out, But They’re Still Considered Bathroom … – Queerty

Posted on April 1st, 2011 in Wall Street Scams | Comments Off

Queerty Half Of Gay Wall Streeters Are Out, But They're Still Considered Bathroom … Queerty This week's little Wall Street pow-wow, where six Wall Street banks hosted the event “Out on the Street” for gay finance types, probably activated the highest net worth congregation of Grindr users in history. Barclays, Citi, Goldman Sachs, … and more

Goldman made multiple trips to Fed window

Posted on April 1st, 2011 in Economy | Comments Off

Goldman Sachs turned to the Fed’s discount window on multiple occasions following its conversion to a bank holding company at the height of the financial crisis

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Goldman made multiple trips to Fed window

Blankfein reviews crisis on the stand

Posted on March 24th, 2011 in Economy | Comments Off

Lloyd Blankfein, chief executive of Goldman Sachs, testifies about the bank’s confidentiality policies in the insider trading trial of Raj Rajaratnam, founder of Galleon Group

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Blankfein reviews crisis on the stand

Goldman chief says ex-director broke board rules

Posted on March 24th, 2011 in Economy | Comments Off

Lloyd Blankfein, chairman and chief executive of Goldman Sachs, testified that former bank director Rajat Gupta had violated Goldman confidentiality policies

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Goldman chief says ex-director broke board rules

Eight-year jail term for theft of bank’s code

Posted on March 19th, 2011 in Economy | Comments Off

Sergey Aleynikov, a former Goldman Sachs computer programmer who was convicted of stealing code related to high-frequency trading, has been sentenced by a federal judge to serve eight years and one month in prison

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Eight-year jail term for theft of bank’s code

Scott to leave Goldman board after just a year

Posted on March 18th, 2011 in Economy | Comments Off

Goldman Sachs said H Lee Scott, the former Walmart chief executive, would leave the bank’s board after only one year of service

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Scott to leave Goldman board after just a year

Goldman looks to exit mortgage servicing

Posted on March 16th, 2011 in Economy | Comments Off

Goldman Sachs is exploring options for its mortgage servicing division including a sale that would end its foray into collecting on delinquent borrowers

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Goldman looks to exit mortgage servicing

Trial tapes capture Goldman bank deal talk

Posted on March 16th, 2011 in Economy | Comments Off

A Goldman Sachs director told Raj Rajaratnam that the investment bank had discussed buying a commercial bank in July 2008, according to a recording of a phone call played during an insider trading trial

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Trial tapes capture Goldman bank deal talk

Top Goldman executives on Galleon witness list

Posted on March 9th, 2011 in Economy | Comments Off

Goldman Sachs’ two most senior executives, Lloyd Blankfein and David Viniar, were among the high-profile names on a list of those who may be called as witnesses in the insider trading trial of hedge fund billionaire Raj Rajaratnam

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Top Goldman executives on Galleon witness list

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Hedge fund manager fails to stop SEC filing

Posted on March 4th, 2011 in Economy | Comments Off

Lawyers for Raj Rajaratnam failed to persuade SEC to delay filing insider trading charges against a former Goldman Sachs board member until after his criminal trial

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Hedge fund manager fails to stop SEC filing

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Goldman faces legal bill of up to $3.4bn

Posted on March 1st, 2011 in Economy | Comments Off

Goldman Sachs said it could rack up as much as $3.4bn in losses from the various regulatory and legal proceedings the bank faces following the financial crisis

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Goldman faces legal bill of up to $3.4bn

Ex-Goldman director on insider charge

Posted on March 1st, 2011 in Economy | Comments Off

Rajat Gupta has been charged with civil insider trading for allegedly sharing secret information he learned as a Goldman Sachs board member with Galleon Group founder Raj Rajaratnam

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Ex-Goldman director on insider charge

Critics: Goldman should give back $2.9 billion to taxpayers – MiamiHerald.com

Posted on February 16th, 2011 in Wall Street Scams | Comments Off

Critics: Goldman should give back $2.9 billion to taxpayers MiamiHerald.com WASHINGTON — Irked that Goldman Sachs appears to have reaped a $2.9 billion taxpayer-aided windfall on an investment of a mere $20 million, some experts and watchdogs say the Wall Street giant should return the money to the US Treasury. … Critics: Goldman should give back $2.9 billion to taxpayers Fresno Bee all 20 news articles

Tourre to argue US cannot try him for fraud

Posted on February 8th, 2011 in Economy, Fraud | Comments Off

Fabrice Tourre, the Goldman Sachs banker facing civil fraud charges over a mortgage-backed security, will ask a judge to dismiss the regulator’s lawsuit, arguing that US authorities cannot pursue cases involving foreign investors

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Tourre to argue US cannot try him for fraud

» Basic Economics – Big Government

Posted on January 31st, 2011 in Scams | Comments Off

“Democrats in their own words covering up the Fannie Mae, Freddie Mac Scam ” http://www.youtube.com/watch?v=_MGT_cSi7Rs. Anchorman1971 – January 30th, 2011 at 10:11 pm. • Democrats are silent on the $994795 in Goldman Sachs campaign cash …

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» Basic Economics – Big Government