Posts Tagged ‘Goldman Sachs’

Close Ties to Goldman Enrich Romney’s Public and Private Lives

Saturday, January 28th, 2012

Goldman Sachs, which manages Mitt Romney’s family’s fortune, is also his largest source of campaign contributions.

Read the original:
Close Ties to Goldman Enrich Romney’s Public and Private Lives

Romney’s Cayman Islands holdings complicate tax return debate

Wednesday, January 25th, 2012

Republican presidential candidate Mitt Romney’s newly released tax return shows sprawling international financial interests , from Bain Capital entities based in Luxembourg to a Goldman Sachs fund in Dublin. It discusses a foreign currency transaction and details foreign tax credits. Read full article > >

Read more:
Romney’s Cayman Islands holdings complicate tax return debate

DealBook: New Normal on Wall Street: Smaller and Restrained

Friday, January 20th, 2012

With firms like Goldman Sachs and Morgan Stanley reporting weak results, Wall Street’s moneymakers are doubting they will ever get back to their high-rolling ways.

See the original post:
DealBook: New Normal on Wall Street: Smaller and Restrained

DealBook: New Normal on Wall Street: Smaller and Restrained

Friday, January 20th, 2012

With firms like Goldman Sachs and Morgan Stanley reporting weak results, Wall Street’s moneymakers are doubting they will ever get back to their high-rolling ways.

Read the original here:
DealBook: New Normal on Wall Street: Smaller and Restrained

DealBook: New Normal on Wall Street: Smaller and Restrained

Friday, January 20th, 2012

With firms like Goldman Sachs and Morgan Stanley reporting weak results, Wall Street’s moneymakers are doubting they will ever get back to their high-rolling ways.

Read this article:
DealBook: New Normal on Wall Street: Smaller and Restrained

DealBook: Goldman’s Profit Falls but Tops Estimates

Wednesday, January 18th, 2012

The Wall Street firm also sets aside less for compensation, reflecting a decline in its net revenue for 2011.

View post:
DealBook: Goldman’s Profit Falls but Tops Estimates

Fitch downgrades six global banks

Thursday, December 15th, 2011

Ratings agency Fitch downgrades six of the world’s largest banks, including Goldman Sachs and Barclays, citing the challenging financial markets.

See the original post:
Fitch downgrades six global banks

U.S. soldiers at war: The forgotten 1 percent

Friday, November 11th, 2011

T he Occupy Wall Street movement slogan “We are the 99 percent” is ironic to many of those who are serving, or have served, in Afghanistan or Iraq. Our servicemen and women are not the 1 percent of Americans whom OWS has taken to the streets to condemn. Rather, this 1 percent goes ignored by the self-proclaimed 99 percent in Zuccotti Park, as well as by those looking down on the protesters from their offices at Goldman Sachs or Citibank. And it is not lost on those fighting in Afghanistan that it was bank accounts, not an interest in or concern for those patrolling Kandahar, that motivated the protesters to take to the streets in cities across America. Read full article > >

See more here:
U.S. soldiers at war: The forgotten 1 percent

Gensler-Corzine relationship complicates CFTC probe of MF Global

Saturday, November 5th, 2011

Less than a year ago, federal markets regulator Gary Gensler could reflect fondly on his association with Wall Street mogul and former politician Jon S. Corzine. The two had known each other for years, working together at Goldman Sachs and then in Congress, where Corzine was a senator and Gensler was a Senate aide. Invited by Corzine last November to speak at Princeton University about financial regulation, Gensler reminisced about their days crafting legislation and got in a friendly jab about Corzine’s upcoming wedding. Read full article > >

More here:
Gensler-Corzine relationship complicates CFTC probe of MF Global

Former NJ Gov. Corzine steps down from collapsed securities firm, hires criminal attorney

Friday, November 4th, 2011

WASHINGTON — He set out to create a mini-Goldman Sachs. In the end, he built a mini-Lehman Brothers. Former New Jersey Gov. Jon Corzine’s resignation Friday from the securities firm he led capped a week of high drama and swift failure. MF Global collapsed into bankruptcy Monday, and Corzine has since hired a criminal defense attorney amid an FBI investigation into the disappearance of hundreds of millions of dollars in client money. Read full article > >

Go here to see the original:
Former NJ Gov. Corzine steps down from collapsed securities firm, hires criminal attorney

DealBook: In Corzine Comeback, Big Risks and Steep Fall

Wednesday, November 2nd, 2011

The fall of MF Global, and the discovery that hundreds of millions of dollars were missing from the firm’s customer accounts, have cast a dark cloud over Jon S. Corzine’s legacy.

More here:
DealBook: In Corzine Comeback, Big Risks and Steep Fall

GAO: Executives’ seats on Fed boards as firms benefit give appearance of conflict

Wednesday, October 19th, 2011

Top executives from Goldman Sachs , J.P. Morgan Chase , General Electric and other firms sat on the boards of regional Federal Reserve banks while their firms benefited from the central bank’s policies during the financial crisis, creating an appearance of a conflict of interest, a federal watchdog said Wednesday. Read full article > >

Read more:
GAO: Executives’ seats on Fed boards as firms benefit give appearance of conflict

DealBook: Goldman Loss Offers a Bad Omen for Wall Street

Wednesday, October 19th, 2011

The first loss at Goldman Sachs since the financial crisis points to what could be a more lasting shift in the financial industry.

Continued here:
DealBook: Goldman Loss Offers a Bad Omen for Wall Street

Rough markets slam Goldman Sachs; firm loses $428 million in third quarter

Tuesday, October 18th, 2011

NEW YORK — Goldman Sachs Group Inc. reported a third-quarter loss of $428 million Tuesday, only the second quarterly loss since the investment bank went public 12 years ago. Revenue from underwriting stocks and bonds plunged as businesses, unnerved by political wrangling in Washington and volatile markets, held off on new stock and bond offerings. Goldman also lost nearly $3 billion on investments in stocks, bonds and a stake in a Chinese bank. Read full article > >

Go here to read the rest:
Rough markets slam Goldman Sachs; firm loses $428 million in third quarter

DealBook: For Hedge Funds, Free Recruiting Is Wall St. Perk

Tuesday, October 11th, 2011

In an effort to secure lucrative brokerage and trading business, big banks like Goldman Sachs, Deutsche Bank, Morgan Stanley and Bank of America have become powerful recruiting forces for their biggest hedge fund clients.

More:
DealBook: For Hedge Funds, Free Recruiting Is Wall St. Perk