Stories Tagged as
Goldman Sachs
Fabrice Tourre's trial: The fabulous translation
by
Paddy Hirsch
Jul 16, 2013
A former Goldman Sachs trader known as "Fabulous Fab" has been found liable in a mortgage securities fraud case. During the case, a judge asked to ban jargon. But because bankers aren't able to resist -- and for your own knowledge -- here's a primer to help.
Why it's a good time to be Goldman Sachs
by
Juli Niemann
Jul 16, 2013
Goldman Sachs reported its latest business results on Tuesday. Profits -- as measured by net income -- hit $1.9 billion in the second quarter, twice the performance of the quarter before.
Fabrice Tourre is fabulous, but why is he so lonely?
Jul 15, 2013
Fabrice Tourre, who dubbed himself “Fabulous Fab” back when he was a Goldman Sachs trader, went on trial Monday for alleged fraud during the financial crisis.
Japan takes energy race overseas, promotes solar at home
May 20, 2013
Things have been electric on the Japanese stock market recently. But the country is in need of energy and is hunting for it in innovative ways.
Bloomberg reporters had ability to spy on its customers
by
Kai Ryssdal
May 10, 2013
Goldman Sachs employees have raised concerns that Bloomberg News journalists could snoop on them through Bloomberg terminals.
What bank profits say, or don't, about the economy
by
Dan Bobkoff
Jan 16, 2013
JPMorgan Chase and Goldman Sachs reported strong profit growth for 2012. But does their success reflect a stronger economy?
JPMorgan, Goldman Sachs see earnings soar
Jan 16, 2013
Many of Wall Street's biggest banks are beating profit expectations as the mortgage business comes back.
For public good, not for profit.
Goldman Sachs switches support to Romney
Oct 9, 2012
Goldman Sachs has long supported Democrats in the presidential contest. But not this year. Why Goldman and other Wall Street banks are throwing their support behind Mitt Romney.
Goldman CEO Blankfein warns 'fiscal cliff' threatens confidence in U.S. economy
Oct 2, 2012
Lloyd Blankfein, chairman and CEO of Goldman Sachs, says the U.S. risks a ratings downgrade and a hit to its reputation as a global business leader as legislators battle over the upcoming 'fiscal cliff.'
Goldman Sachs dodges criminal prosecution
Aug 10, 2012
The Justice Department drops probe into Goldman mortgage deal. Four years after the financial crisis, there’s still no criminal conviction on Wall Street.