Discussing if buybacks are artificially propping up the stock markets, Lloyd Blankfein, Goldman Sachs chairman and CEO, explains companies are investing to make themselves more efficient.» Read More
Goldman is launching to what amounts to a defense of the combination of the chairman & CEO roles, reports CNBC's Kate Kelly.
The author writes, "Our fixation is on leaders. We assume that they have the keys to the kingdom, that they have most if not all of the power and influence, and that they make the decisions that most matter. Wrong."
Greg Smith, the former Goldman Sachs executive who resigned in spectacular fashion last week by blasting the firm in an Op-Ed page article in The New York Times, is now shopping a book proposal to major publishers in New York, several people with knowledge of the conversations said, the New York Times reports.
CNBC's Jane Wells breaks down the details of the dispute regarding Lloyd Blankfein's participation in a human rights PSA for same-sex marriage.
"When the history books are written about Goldman Sachs," wrote Greg Smith in his very public resignation, "they may reflect that the current chief executive officer, Lloyd C. Blankfein, and the president, Gary D. Cohn, lost hold of the firm’s culture on their watch." But Blankfein and Goldman are creating another split—between groups supporting gay marriage.
CNBC's John Carney reports on how JPMorgan's Jamie Dimon is responding to the Op-Ed piece by a former Goldman Sachs executive, and also what's happening within Goldman Sachs.
The reaction to a departing Goldman Sachs official's scathing column in the New York Times Wednesday shows the bank has "a serious trust issue here and they have to acknowledge that," Jeffrey Sonnenfeld told CNBC Thursday.
Over three years after the financial crisis, the perception that little has changed on Wall Street still looms large in the public consciousness, the NY Times reports.
A former Goldman Sachs executive’s vitriolic attack against the firm’s "toxic and destructive" culture is just another blow to the investment bank’s reputation, according to “Cityboy” whistle-blower Geraint Anderson.
Greg Smith lobbed a verbal Molotov cocktail in The New York Times against his former firm, Goldman Sachs, and reaction to his resignation might lead you to believe a lot of people inside the firm agree with his negative assessment of CEO Lloyd Blankfein. Mmmmm...not so fast
We spotted Lloyd at the Knicks game.
Lloyd Blankfein may step down as chief executive of Goldman Sachs as early as this summer, according to Fortune magazine, and Gary Cohn is the lead Goldman candidate to replace him.
Something about Goldman Sachs must really inspire Matt Taibbi. He does his best writing with Goldman on the brain.
Blankfein, the chief executive of Goldman Sachs, is stepping onto a prominent and politically charged stage, the New York Times reports.
Washington state may be the next American state to legalize gay marriage. It has the support of several major companies, but Microsoft is the most high-profile business to back it. Prominent figures in the business community support marriage equality, as was the case in New York, the last state to legalize it.
The unexpected departures of two young Goldman Sachs star partners has triggered rumors and confusion inside of the Wall Street firm.
John Carney shares his predictions for 2012.
Two big CEOs step down, a political crisis emerges in China and the euro survives.
Hit by losses in its private equity portfolio and broader economic woes at home and abroad, the firm reported a loss of $428 million, the New York Times reports.
Looks like JPMorgan CEO Jamie Dimon is the most recent target of hackers.