Goldman Sachs

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Latest blogosphere posts tagged “Goldman Sachs”

  • Goldman Sachs of Shit


    Not so SubtleAuthority Authority: 108
    Srsly. http://www.nakedcapitalism.com/2009/11/goldman-fed-citi-getting-preferential-allotments-of-h1n1-vaccine.html Tell them how you feel. Goldman Sachs Group Inc. 85 Broad St. New York, NY 10004 212-902-1000
    10 hours ago
  • Blankfein Defends Goldman Against Breakup Advocates


    Wall Street PitAuthority Authority: 647
    That’s the title of a Bloomberg article that also cites Bernie Sanders and Simon. Here are the direct quotes from Blankfein:“Our business is very complex, and I won’t deny that, but it’s far, far simpler than most of the competitors. I wonder myself how some of these things get managed.”“Most of...
    12 hours ago
  • Saturday Night Live pokes Goldman on flu shots


    DealZoneAuthority Authority: 433
    Perhaps the best barometer of public scorn is the Saturday Night Live indicator: if SNL derides you in a comedy sketch, chances are, lots of people dislike you. Witness this skit from Saturday, where SNL lambasted Goldman Sachs for receiving H1N1 flu vaccines. Goldman’s official line is that the New York City ...
    12 hours ago
  • Blankfein Defends Goldman Sachs Against Breakup Advocates


    The Baseline ScenarioAuthority Authority: 706
    That’s the title of a Bloomberg article that also cites Bernie Sanders and Simon. Here are the direct quotes from Blankfein: “Our business is very complex, and I won’t deny that, but it’s far, far simpler than most of the competitors. I wonder myself how some of these things get managed.” “Most of ...
    13 hours ago
  • Goldman Sachs New Subprime Player In Foreclosure Crisis


    Reed's Bankruptcy BlogAuthority Authority: 140
    According to an article in the Star-Telegram, the Goldman Sachs Group which is now the owners of thousands of subprime mortgages facing foreclosure is finding itself battling homeowners in bankruptcy court.The article said:“Goldman spent years buying hundreds of thousands of subprime mortgages, many of them from ...
    14 hours ago
  • Attention Lloyd Blankfein: The Public Purpose of Banking


    New Deal 2.0Authority Authority: 135
    Marshall Auerback argues that the purpose of banking is not to make a small number of people fabulously wealthy — but (wow!) to serve the public good. It seems odd that days after we were told by Goldman Sachs’s CEO, Lloyd Blankfein, that bankers are doing “God’s work” , we are still having active ...
    15 hours ago
  • Blankfein Defends Goldman From Ever-Increasing Desire To See The Mollusk Chopped Up


    zero hedgeAuthority Authority: 761
    One of the primary underthemes these days in the regulatory and academic community is the discussion of not just whether or not to break up Goldman (moot: the company has no place continuing to exist in its current form which is essentially a Holding Company for the Federal Reserve, Treasury, the White House, ...
    15 hours ago
  • Goldman Sachs Doing God’s Work?


    Sense on CentsAuthority Authority: 560
    Do you get the sense that Wall Street in general and Goldman Sachs in particular are getting overly miffed at the disdain heaped upon it by the American public? I do. In a spirited defense put forth by Goldman Sachs CEO, Lloyd Blankfein invokes the Lord’s name in promoting the virtues of Goldman Sachs’ work. ...
    16 hours ago
  • Financial Headlines for 2010…


    StupidicaAuthority Authority: 163
    AIG will borrow $1 trillion from US government…to pay off the US Government. Goldman Sachs buys New Orleans…Flips to China Dow 50,000…Get IN! Dow 4,000…Get OUT! (same author) Warren Buffett Secret Video…Kicking poor, old people off the Goldman Sachs property You have a funny headline? A Stocktwits ...
    17 hours ago
  • AL CAPONES REAL CRIME


    THE MARK MARTINEZ SHOW: Talk Radio for Liberals and Real ConservativesAuthority Authority: 129
    Ive written about this in the past but it bears repeating. The people who put together, begged for and then pushed the toxic instruments that got us into this economic mess dont deserve to be compensated a kingly sum for their efforts. Everyone knows that if you offer someone insurance and then fail to pay ...
    17 hours ago
  • The key to this “rally” is funny-money printed by the American Politburo (a/k/a Federal Reserve).


    InvestmentWatchAuthority Authority: 449
    They have printed, or will print, up to $1.75 trillion new dollars, which will be conjured out of thin air. Of this amount of newly printed cash, most was injected into the economy in the form of mortgages, in a vain attempt to raise housing prices to help banks repair their failing balance sheets. About $500 billion ...
    17 hours ago
  • The Worlds Most Important Trading Desk Is Not At Goldman, But Is On The 9th Floor Of 33 Liberty Street


    zero hedgeAuthority Authority: 761
    Even though our good Samaritan friends at One New York Plaza may take offense to this designation, the trading desk that controls the formerly free world is not located anywhere on the premises of Goldman Sachs, but is instead situated on the 9th floor of 33 Liberty Street, also known as the home New York Fed. From a ...
    18 hours ago
  • Goldman Sachs Head Says Banks Do Gods Work


    BuzzFlash.net: publishedAuthority Authority: 548
    "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 Gods work."   »  noticia original
    18 hours ago
  • Guest Post: Goldmans Undisclosed Role in AIGs Distress


    zero hedgeAuthority Authority: 761
    Submitted by Janet Tavakoli of Tavakoli Structured Finance  
    19 hours ago
  • Frontrunning: November 10


    zero hedgeAuthority Authority: 761
    SAC said to tell clients a review found no suspicious trading ( Bloomberg ) John Crudele destroys the fabricated data coming out of the BLS: real unemployment at 22% ( Post ) The Mishkin galatic stupidity trifecta: After destroying Iceland, finance "guru" Fred Mishkin says asset bubbles are a good thing ( FT ) - ...
    19 hours ago
  • Looter


    Cafe HayekAuthority Authority: 676
    From an article on Goldman Sachs, from a conversation with the CEO, Lloyd Blankfein: He starts with a little humility. He understands that “people are pissed off, mad, and bent out of shape” at bankers’ actions. Goldman played its part in the meltdown that almost destroyed the global financial system. It, ...
    19 hours ago
  • Hedge fund probes steal attention from banks record bonuses, stingy lending


    DailyFinanceAuthority Authority: 792
    Filed under: Company News , Goldman Sachs , Morgan Stanley Bailed out with taxpayer funds just a year ago, major U.S. investment banks may again be gearing up to hand out record bonuses . But as the public outrage builds, authorities seem to be betting that a theatrical crackdown on the hedge fund industry ...
    20 hours ago
  • Qatar Fund to Sell Up to 25 Million VW Shares


    DealBookAuthority Authority: 783
    Qatar Holding, part of the Gulf countrys sovereign wealth fund, plans to sell as many as 25 million of its preferred shares in Volkswagen, or about half its total stake in the carmaker.
    22 hours ago
  • WALL STREET FIRMS GET PREFERENTIAL SHIPMENT OF SWINE FLU VACCINE


    GRECO ROMAN WELLNESSAuthority Authority: 123
    Ray Salomone, Personal Trainer and Wellness Activist Though one would need to put a gun to my head to get me to take the swine flu vaccine, I’m still annoyed that the big players on Wall Street (the ones who had to beg for money to survive) were given advance shipments of the vaccine. Goldman Sachs, ...
    1 day ago
  • A 21st Century Randian Doing God’s Work


    Philosophy On The MesaAuthority Authority: 124
    Ayn Rand wasn’t a big fan of religion or freepers who live off the public dime. But her acolytes seem to miss those nuances. Goldman Sachs CEO Lloyd Blankfein in the London Sunday Times was explaining why he and his fellow bankers are so talented and essential that the rest of us should just bow and scrape while ...
    1 day ago

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