ritholtz.com - 4/13/2009
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WTF?!?
Goldman Sachs is attempting to shut down a dissident blogger who is extremely critical of the investment bank, its board members and its practices.
The bank has instructed Wall Street law firm Chadbourne & Parke to pursue blogger Mike Morgan, warning him in a recent ...
The Goldman Sachs Tax
ritholtz.com 7/10/2009 — Yesterday , we looked at whether GS was front-running, well, everyone, via a sniffer program that saw all trades on the NYSE prior to their execution. Theoretically, this would allow GS to buy (or sell) stocks, selling (or covering) them back to the ...
Enlightening Day for Goldman Sachs
blog.ockhamresearch.com 10/15/2009 — As market watchers are well aware, Goldman Sachs ( GS ) cruised to a solid profit in the third quarter of $3.19 billion or $5.25 per share. Goldman tripled their earnings of last year, and handily beat consensus analysts’ estimates of $4.24 per share. Trading and the ...
Goldman Sachs’s Tax Rate Drops to 1%, or $14 Million (Update1)
bloomberg.com 12/16/2008 — Dec. 16 (Bloomberg) -- Goldman Sachs Group Inc. , which got $10 billion and debt guarantees from the U.S. government in October, expects to pay $14 million in taxes worldwide for 2008 compared with $6 billion in 2007. The company’s effective income ...
Time To Breakup Goldman Sachs
globaleconomicanalysis.blogspot.com 4/13/2009 — It's time to breakup Goldman Sachs, Citigroup, and for that matter any bank or holding company deemed too big to fail. It's not just the "too big to fail" hazard that is troubling, it's also the power these corporations have and the potential to abuse ...
Goldman Sachs Partners Borrow Millions to Meet Margin Calls
feedproxy.google.com 2/18/2009 — Goldman has lost its luster. According to CNBC , several Goldman partners have borrowed money to meet margin calls on personal investments they made with their Goldman Sachs accounts. This is incredibly embarrassing and refreshing at the same time. The institution has worked hard to maintain ...
Cramer - Mad About Goldman (GS)
blog.ockhamresearch.com 5/11/2009 — “I’m saying it’s a travesty. Just a travesty. His crime? No crime at all. While serving as Chairman of the New York Fed’s Board of Directors, the former Co-Ceo of Goldman Sachs sought permission from the Fed and from Goldman Sachs to buy stock and both the fed’s ...
Will Everyone Please Shut Up About Goldman Sachs?
thebigmoney.com 7/29/2009 — The image of Goldman Sachs (GS) as a Borg-like hive mind that breeds a bald master-race of capitalists has picked up speed during the last month. Rabble-rouser Matt Taibbi in Rolling Stone memorably called Goldman " a vampire squid wrapped ...
But enough about that
krugman.blogs.nytimes.com 10/15/2008 — On second thought, let's not
Somehow, this morning, I found myself thinking of this old New Yorker cartoon. But actually, I'm already sick of talking about me.
Meanwhile, we still have the financial crisis of our lifetimes to deal with. And let me ...
Goldman’s d-e-e-e-e-p look at Madoff
nakedshorts.typepad.com 12/22/2008 — Did due diligence before Tremont sale Banned Madoff “more than a decade ago” Investigators looking into Bernard L. Madoff Investment Services LLC should probably drop off a subpoena at 85 Broad. Goldman Sachs — representing MassMutual ...
GM Headed for the Chop Shop? —
The Big Money 4/13/2009
The clock is ticking down yet again on General Motors. The New York Times leads off its business coverage today with an exclusive saying, "The Treasury Department is directing General Motors to lay the groundwork for a bankruptcy filing by a ...
Surprise!, Grades Come Early for Banks —
The Big Money 4/15/2009
Gulp, the banks will be getting their grades sooner than expected, the Wall Street Journal and New York Times report today, leading off their business coverage. By announcing the details early, the Obama Administration could give the markets a ...
Business this week —
The Economist: Full print edition 4/16/2009
The quarterly earnings season at America’s big banks got under way. Goldman Sachs surprised markets by reporting a net profit of $1.8 billion for the first quarter, 20% higher than a year ago and a stark contrast to the heavy losses it racked ...