Thursday, 12 Nov 2009 | Source: The New York Times
The latest tax filing for Goldman Sachs’s foundation is as thick as a phone book. The list of trades is more than 200 pages, single spaced. Goldman, it seems, invests like no other, even for its own charity.
Motorola is in the early stages of looking into a potential sale of roughly $4.5 billion of its television set-top box and network equipment business, according to a Wall Street Journal report.
Goldman Sachs has pulled out of a mandate to handle what would be South Korea's largest IPO since 2006, worth an estimated $2 billion, with Credit Suisse picked to replace the U.S. investment bank.
Monday, 9 Nov 2009 | Posted By:
Albert Bozzo | Source: CNBC.com
In some cases, the difference between a winner and loser is often in the eye of the beholder--who can be a victim or a beneficiary--or simply a political ideologue. That’s why we want readers to weigh in and vote on a variety of people and concepts. We’ll report back with results and rankings on December 1.
The chief executive of Goldman Sachs, which has attracted widespread media attention over the size of its staff bonuses, believes banks serve a social purpose and are doing "God's work".
The Obama administration on Friday rejected a proposal by Goldman Sachs to buy as much as $1 billion in tax credits from Fannie Mae, saying the deal would have amounted to a net loss for taxpayers, the New York Times reports.
Warren Buffett's Berkshire Hathaway Friday said third quarter net income tripled, as rising stock markets boosted its investment holdings and a quiet hurricane season contributed to higher insurance profit.
One of the federal government’s most opaque methods for bailing out the banking system allowed a handful of giant institutions to save up to $25 billion on their borrowing costs, a Congressional panel estimated on Friday.
Thursday, 5 Nov 2009 | Source: CNBC staff and wire reports
New York City health officials scrambled to explain themselves Thursday following outraged media reports about bankers who got scarce H1N1 flu vaccines through their employers
Warren Buffett's Berkshire Hathaway has joined Goldman Sachs Group in a bid to buy $3 billion in tax credits from mortgage giant Fannie Mae, the Wall Street Journal's website reported, citing people familiar with the matter.
Warren Buffett's Berkshire Hathaway has joined Goldman Sachs Group in a bid to buy $3 billion in tax credits from mortgage giant Fannie Mae, the Wall Street Journal's website reported, citing people familiar with the matter.
Eight major US banks that received government bailouts have already set aside $117.6 billion this year to pay employees, almost as much as they paid in all of 2008, a Reuters analysis finds .
Tuesday, 3 Nov 2009 | Posted By:
Charlie Gasparino | Source: CNBC.com
The formula to determine Goldman Sachs' executive bonuses will be decided by mid-December, sources familiar with the matter told CNBC, and will set a precedent for other investment companies to follow.
In light of all the uncertainty looming in the financials, what must you know to trade banks? For insights we turned to widely followed analyst Dick Bove.... Read More
Warren Buffett will be one of three co-chairmen for a just-announced $500 million Goldman Sachs initiative to help small businesses around the United States, and perhaps, the firm's damaged public image.... Read More
Investors are wondering if Target and Home Depot are 'playing mind games' after both warned on their outlooks yet posted quarterly profits that handily topped estimates.... Read More