Goldman Sachs

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"Give Me Your Tired, Your Poor... Well, Maybe Not"

Brett Ashley McKenzie | Posted 11.17.2008 | Business

Read More: Statue of Liberty, Poverty, Bailout, Wall Street, Wealth, Goldman Sachs, Goldman Sachs Bonuses, AIG Bailout, Financial Crisis, Business News

Just across the river from the Statue of Liberty's promise of welcome, the tired and poor are not even an afterthought.

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Class Warfare with a TARP

Michael B. Laskoff | Posted 11.17.2008 | Business

Read More: Tarp, American Express, Goldman Sachs, Operation Iraqi Freedom, Bailout, General Motors, Chrysler, Clean Skies, No Child Left Behind, Henry Paulson, Financial Crisis, Aig, Ford, Business News

It stands for Troubled Asset Relief Program, but the first word should really be Troubling. The haste with which it was created... is the best evidence of its flawed nature.

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The Trouble with America Is...

Jacki Zehner | Posted 11.17.2008 | Business

Read More: Election Reaction, Economy, Goldman Sachs, Change, Activism, Political Activism, Financial Crisis, Trouble With America, Barack Obama, Citigroup, Business News

In truth, there is so much trouble in America that the trouble with me is that I cannot sleep, am fired up, and feel called to action.

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Goldman Sachs Chiefs Give Up Bonuses: Last Year Blankfein Took $70 Million

Bloomberg | Posted 11.17.2008 | Business

Read More: Lloyd Blankfein, Goldman Sachs, Bailout, Finance, Economy, Banks, Financial Crisis, Lloyd Blankfein Bonus, Goldman Sachs Bonuses, Bailout Bonuses, Business News

Goldman Sachs Group Inc., the firm that set a record for Wall Street pay last year, became the first U.S. bank to scrap 2008 bonuses for senior office...

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Fat Cat CEOs, Bailout on Wall Street and 'Say on Pay'

Arlene M. Roberts | Posted 11.17.2008 | Business

Read More: Performance Based Equity, Shareholder Interest, Performance Pay, John Waggoner, James W. Keyes, Corporate Governance, Golden Parachutes, Troubled Asset Relief Plan, Verizon, Say on Pay, Vonda Brunsting, Blockbuster Inc., Value Creation, Bailout, Executive Compensation, Tarp, Aflac, Federal Bailout, Bankruptcy, Recession, Goldman Sachs, Merrill Lynch, Aig, Henry Paulson Goldman Sachs, Congressional Bailout, Henry Paulson, Bear Stearns, Lehman Brothers Bankruptcy, Chief Executive Officers, Business News

Corporate Executives jump ship, golden parachutes intact, while employees lower down the totem pole walk away having lost retirement accounts, nest eggs and health care coverage.

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Goldman Sachs Going Private?

Clusterstock | John Carney | Posted 11.14.2008 | Business

Read More: Goldman Sachs, Finance, Financials, Economy, Banks, Goldman Sachs Going Private, Financial Crisis, Business News

For weeks now there has been talk that the management of Goldman Sachs might be considering taking the private. Most people dismiss such talk as pure ...

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Goldman Sachs Invests In Company That Delivers Clean Power to Developing Countries

Green Inc. | Kate Galbraith | Posted 11.12.2008 | Green

Read More: Environment, Clean Power, Goldman Sachs, Carbon Credits, Developing Countries, E+Co, Cap-and-Trade, Green News, Carbon Offsets, Bluesource, Green News

Goldman Sachs has recently invested in another carbon-offset company, in the latest sign of investment banks' interest in the area. On Monday E&Co, a...

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Goldman Advises Bets Against Bonds It Sold

ProPublica | Sharona Coutts | Posted 11.11.2008 | Business

Read More: Goldman Sachs, Goldman Sachs California, Finance, Bonds, Economy, Banks, Financial Crisis, Bill Lockyer, Goldman Sachs California Bonds, Business News

Goldman, Sachs & Co. urged some of its big clients to place investment bets against California bonds this year despite having collected millions of do...

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Cleaning Up after the Elephants are Gone

Charlie Cray | Posted 11.10.2008 | Business

Read More: Warren Buffett, Goldman Sachs, Bailout, Economy, Business News

Now, after this eight-year freak show of cronyism and corruption, war and incompetence, there's surely going to be a lot of cleaning up to do when the elephants leave the center ring.

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Goldman Sachs, Morgan Stanley, Bank Of America Bonuses To Shrivel

New York Post | Posted 11.10.2008 | Business

Read More: Merrill Lynch, Goldman Sachs, Bank of America, Wall Street Bonuses, Morgan Stanley, Wealth, Bailout, Finance, Economy, Financial Crisis, Bailout Bonuses, Business News

Indeed, sources said some Wall Streeters will see their bonuses shrink by 25 percent to 40 percent, while others are set to get zilch when year-end pa...

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"J'Accuse!": This Administration's Crony Bailout Bonanza for Wall Street

Raymond J. Learsy | Posted 11.08.2008 | Business

Read More: Bill Buckley, United Steelworkers International Presiden Leo W. Gerard, Hank Paulson, Wall Street, Financial TImes, Financial Crisis, Emile Zola, Job Losses, NY Times, Joe Nocer, President-Elect Obama, Goldman Sachs, Bush Administration, Warren Buffett, Bailout, Business News

The government, under Mr. Paulson's fine hand, was paying twice as much as needed to be paid when compared to the sums Warren Buffett negotiated for a similar investment in Goldman Sachs.

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The Obama-Clinton Cabinet? We Voted for Change, Not Recycling

Rob Kall | Posted 11.06.2008 | Politics

Read More: Obama Cabinet, Goldman Sachs, Obama Appointees, Robert F. Kennedy Jr., Rahm Emanuel, Rahm Emanuel Chief of Staff, Obama's Cabinet, Politics News

We need fresh blood, not Clinton people who were involved in supporting and defending NAFTA, the WTO and Clinton's effort to move the Democratic party to the right.

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Goldman Sachs Layoffs To Number 3,200

DealBook | Posted 11.06.2008 | Business

Read More: Layoffs, Goldman Sachs, Finance, Goldman Sachs Layoffs, Banks, Financial Crisis, Job Cuts, How Many Goldman Sachs Layoffs, Business News

Goldman Sachs notified roughly 3,200 employees this week that they have been laid off, part of previously reported plans to slash 10 percent of the fi...

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Why Are Goldman's Women Invisible? (Asks A Former Goldman Sachs Partner)

Jacki Zehner | Posted 10.31.2008 | Business

Read More: Goldman Sachs, Women in Business, Bloomberg Markets Magazine, Business News

In my 20 years of professional life I have seen very little to no progress for women in the financial services industry or in corporate America as a whole.

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How Your Tax Dollars Are Paying Bank Execs Billions

Jonathan Tasini | Posted 10.31.2008 | Business

Read More: Goldman Sachs, Wall Street Bailout, Ellen Schultz, Bank of America, Henry Paulson, J.P. Morgan, Wall Street Journal, Recession, Business News

Want to know where $40 billion of your taxpayer-financed bailout for bankers is going? Into the pockets of their executives. And that evidence comes s...

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Paulson Deal Cheats American Taxpayers

Leo W. Gerard | Posted 10.30.2008 | Business

Read More: Goldman Sachs, Hank Paulson, Wall Street, Wells Fargo, U.S. Treasury, Henry Paulson, $700 Billion Bailout, Warren Buffett, Congress, Alan Greenspan, American Dream, Richard Kovacevich, Wall Street Crash, Stockholder Bonuses, Congressional Bailout, Financial Crisis, Treasury Secretary, Corporate Bonuses, Business News

We need to bury the philosophy that worships only business, free markets, deregulation and free trade, and replace it with an economic program that rebuilds the middle class.

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Paulson Cuts Goldman Sachs a Sweetheart Deal

Marco Trbovich | Posted 10.29.2008 | Politics

Read More: Treasury Secretary, Tax Dollars, Derivatives, Presidential Election, Usw, Credit Crisis, United Steelworkers, Next Tuesday, Leo W. Gerard, Goldman Sachs, Investing, Bailout, Dividend, Taxpayer Dollars, Securities, Stock, Warren Buffett, Henry Paulson, Politics News

An analysis of the bailout deals Paulson has been cutting with taxpayer dollars reveals he's giving the culprits who created the nation's credit crisis what amount to sweetheart deals.

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Cuomo Investigates Bailout Bonuses At Banking Companies

New York Times | Posted 10.29.2008 | Business

Read More: Merrill Lynch, JPMorgan Chase, Goldman Sachs, Bank of America, Citigroup, Andrew Cuomo, Morgan Stanley, Bailout, Cuomo Lawsuit, Finance, Wells Fargo, State Street, Bank of New York Mellon, Banks, Financial Crisis, Bank Bonuses, Bailout Bonuses, Business News

The New York attorney general has expanded his investigation of bonus payments to Wall Street executives whose banking companies are receiving $125 bi...

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Volkswagen Is the Most Valuable Company in the world and the Banks We Are All Bailing Out Are Down as a Result

Martin Varsavsky | Posted 10.28.2008 | Business

Read More: Financial Crisis, Volkswagen, Wall Street Crisis, Goldman Sachs, Wall Street, Bailout, Auto Industry, Business News

If I had to give a prize to the craziest financial story of the year this one would win it. Volkswagen right now is the most valuable corporation in the world.

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Nobody's Talking Cap-And-Trade Now, But Goldman Sachs Bets On It

Wall Street Journal | Jeffrey Ball | Posted 10.27.2008 | Green

Read More: Goldman Sachs, Carbon Offsets, Cap-and-Trade, Environment, Carbon Credits, Green News

It looks like the financial wizards at Goldman Sachs are betting that the U.S. government is going to impose a cap-and-trade system for global-warming...

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Pandit Rejected Goldman Sachs' Takeover Offer, Rumor Says

DealBook | Posted 10.27.2008 | Business

Read More: Vikram Pandit, Lloyd Blankfein, Citigroup, Goldman Sachs, Finance, Financial Crisis, Banks, Goldman Citi Merger, Business News

In yet another example of the backchannel maneuvering that preceded the federal government's bailout of the financial sector, Goldman Sachs' chief Llo...

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Goldman Sachs To Cut 10 Percent Of Work Force

AP | STEPHEN BERNARD | Posted 10.23.2008 | Business

Read More: Financial Crisis, Goldman Sachs, Goldman Sachs Jobs, Goldman Sachs Layoffs, Business News

NEW YORK — Goldman Sachs Group Inc. is cutting about 10 percent of its work force amid the ongoing downturn in the credit and lending markets, a...

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On Accountability

Fortune's Stanley Bing | Posted 10.23.2008 | Business

Read More: Prognosticators, Goldman Sachs, Pundits, Arjun Murti, Bs Artists, Business News

How about we lobby for a new division within the Government Accountability Office, responsible for the oversight and public evaluation of analysts, pundits and opinion jockeys of all sorts?

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The Audacity of Greed

Robyn O'Brien | Posted 10.14.2008 | Politics

Read More: Greed, Shareholders, Neel Kashkari, Henry Paulson, Bailout, Goldman Sachs, Economic Crisis, Audacity, Alan Greenspan, Politics News

As we stand by watching Henry Paulson use our taxpayer dollars for the government's leveraged buyout of Goldman Sachs, I am struck by the audacity of greed.

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Buddy, Can You Spare $250,000,000,000?

Fortune's Stanley Bing | Posted 10.14.2008 | Business

Read More: Goldman Sachs, Citigroup, Bank of America, Bailout, J.P Morgan Chase, Wall Street Bailout, Financial Crisis, Business News

Today we can add another group to the list of those who require intercession by We the People: Big Banks that have mismanaged the deposits entrusted to them by their customers.

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