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Goldman Sachs Group

Goldman Sachs Group

NEW YORK (Reuters) - Goldman Sachs Group said Tuesday that third-quarter earnings plunged 70% as a market slump weighed on banking and trading results.
Ref. USAToday

Group Sachs Goldman

Goldman Sachs Reports

Goldman Sachs Reports Second-Quarter Profit of $3.44 Billion, Vastly Surpassing Expectations [8:37 a.m. ET] Ref. ABC News

Goldman Sachs Group History & Civil Business Politics

I wonder how much of the TARP money they have paid back and if the tax payers are going to keep footing the bills?

Group Sachs Goldman

The Joy of Sachs
By Paul Krugman

The American economy remains in dire straits, with one worker in six unemployed or underemployed. Yet Goldman Sachs just reported record quarterly profits - and it's preparing to hand out huge bonuses, comparable to what it was paying before the crisis. What does this contrast tell us? Ref. Source 9

Group Sachs Goldman

Goldman Goes Rogue - Special European Audit To Follow:

We learn - from Der Spiegel last week and today's NYT - that Goldman Sachs has not only helped or encouraged some European governments to hide a large part of their debts, but it also endeavored to do so for Greece as recently as last November. Ref. Source 8

Goldman Sachs Group

Fraud

WASHINGTON (AP) - The federal government is accusing Wall Street powerhouse Goldman Sachs & Co. Of defrauding investors in its disclosures about securities it sold that were tied to subprime mortgages as the housing market was faltering. The Securities and Exchange Commission announced Friday civil fraud charges against Goldman Sachs and one of its vice presidents. The agency alleges that the company marketed complex subprime mortgage securities and failed to disclose to investors that a major hedge fund had bet against the securities. Ref. USAToday

Goldman Sachs Group

Goldman Sachs: the bank that thought it ruled the world:

'Long-term greedy" was the phrase that Sidney Weinberg, Goldman Sachs's legendary managing partner from the 1930s to the 1960s, used to describe the American investment bank's overarching strategy. Ref. Source 1

Goldman Sachs Group Politics Business Civil & History

Goldman in crash profit boasts

Goldman Sachs executives boasted about the money the bank made while the US housing was collapsing, e-mails show. Ref. Source 9