Testifying recently in a lawsuit that is unrelated to Copper River’s closing, its chief maintained that actions taken in the fall of 2008 by Goldman Sachs had done irreparable damage to his fund.
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Goldman Sachs Denies Claims It Led to Copper River’s Demise
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.
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DealBook: New Normal on Wall Street: Smaller and Restrained
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.
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DealBook: New Normal on Wall Street: Smaller and Restrained
US banking giant Goldman Sachs cuts its pay and bonus payments by 21% to $12bn in 2011, as profits halve due to economic uncertainty.
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Goldman Sachs cuts pay to $12bn
Ratings agency Fitch downgrades six of the world’s largest banks, including Goldman Sachs and Barclays, citing the challenging financial markets.
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Fitch downgrades six global banks
Aug. 29 (Bloomberg) — Goldman Sachs Group Inc. and Citigroup Inc., whose offices in New York’s evacuation zone for Hurricane Irene escaped major damage, are among Wall Street banks that will resume business today as exchanges reopen. Employees still face a gauntlet getting there. Sandbags remained piled around the entrance to Goldman Sachs’s headquarters at 200 West St. yesterday, with security guards standing by. The firm’s buildings are “functioning normally” and will be open, Stephen Cohen, a Goldman Sachs spokesman, said in a phone interview. Read full article > >
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Goldman Sachs, Exchanges to Shed Sandbags as Irene Diminishes
Groupon Inc. is filing for its IPO, hoping to raise up to $750 million. Morgan Stanley, Goldman Sachs Group Inc., and Credit Suisse are the lead underwriters for the IPO of the company. Groupon earned $644.7 million in revenue for the first quarter of…
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Groupon Files for IPO
Groupon Inc. is filing for its IPO, hoping to raise up to $750 million. Morgan Stanley, Goldman Sachs Group Inc., and Credit Suisse are the lead underwriters for the IPO of the company. Groupon earned $644.7 million in revenue for the first quarter of…
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Groupon Files for IPO
Friends say Lloyd C. Blankfein has said he would consider stepping down as chief of Goldman Sachs, heightening speculation about a successor.
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Seeking Clues in Goldman’s Succession Plan
A two-year Senate probe into the U.S. financial crisis is wrapping up, and its diagnosis of Goldman Sachs is far from flattering. “Our investigation found a financial snake pit rife with greed, conflicts of interest and wrongdoing,” said Sen. Carl…
Francisco Goldman’s passionate, moving novel takes as its subject his tragically short marriage to the fiction writer Aura Estrada, who died in a bodysurfing accident in 2007, when she was 30.
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A Marriage’s Tragic Early End
A former Goldman Sachs board member is charged with insider trading by the US Securities and Exchange Commission.
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Ex-Goldman Sachs director charged
What happens to a CIA agent who authorizes the torture of an innocent citizen of a NATO ally, leaving a long trail of dumb mistakes behind? The answer appears to be: promotion. That’s the message from an impressive Associated Press story by Adam Goldman and Matt Apuzzo, two of the best reporters covering the intelligence beat today. Newspapers around the country pared the AP story down, and the Washington Post mysteriously edited out critical details, but it’s worth going straight to the AP site for the whole 3,700-word feature. . . .
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SCOTT HORTON—The CIA’s Culture of Impunity
Wall Street firm Goldman Sachs Group triples the salary of chief executive Lloyd Blankfein to $2m and awards him $12.6m in shares.
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Goldman boss gets $15m pay award
Last year was a rough one for Goldman Sachs, but that didn’t keep CEO Lloyd Blankfein from getting a big raise: According to a regulatory filing, Blankfein’s yearly bonus increased by $3.6 million, which, on top of his $600,000 salary and stock…
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Goldman CEO Made $13.2M in 2010
Goldman Sachs, Exchanges to Shed Sandbags as Irene Diminishes
Monday, August 29th, 2011
