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  • Goldman Sachs’ Jim O’Neill: British have “mental disease” regarding Russia


    ModernRussiaAuthority Authority: 104
    British economist Jim O’Neill criticized his compatriots for failing to take Russia seriously as an investment destination at a Chatham House event on January 20 , describing investors’ hesitance as a “British mental disease.” read more
    18 hours ago
  • Federal Regulators May Sue Major U.S. Banks


    Wall St. Cheat SheetAuthority Authority: 580
    The Securities and Exchange Commission may sue some major U.S. banks and institutions related to the sale of mortgage bonds that helped lead to the 2008 financial crisis. At issue is whether the banks sold these mortgage securities in the full knowledge that these bonds were of much worse quality than advertised. ...
    18 hours ago
  • Frontrunning: February 9


    ZeroHedgeAuthority Authority: 798
    New Greek demands threaten debt deal ( FT ) Greek Finance Minister Heads to Brussels; Loan Talks Stall ( WSJ ) Talks Stalled on Greek Bailout as Venizelos Heads to Brussels ( Bloomberg ) US banks near historic deal on foreclosures ( FT ) Obama: Europe needs "absolute commitment" on debt crisis ( Reuters ) Feds ...
    19 hours ago
  • The Goldman Sachs Group Names Hsin Yue Yong


    Capital IQ Power MovesAuthority Authority: 125
    The Goldman Sachs Group has named Hsin Yue Yong as a co-head for investment banking in Southeast Asia. In his new position, Yong will share responsibilities with the firm’s Southeast Asia head, Brooks Entwistle . Yong was previously head of strategic relationship management in Asia ex-Japan. -Global Banking ...
    19 hours ago
  • $698 Million Class Action Against Goldman Can Proceed


    OzHouse Alt NewsAuthority Authority: 133
    courthousenews.com (CN) – A $698 million class action against Goldman Sachs will proceed, after a federal judge certified a class arising “out of a single offering … of certificates derived from a pool of securitized fixed-rate, second-lien home mortgages.” U.S. District Judge Harold Baer Jr. in Manhattan ...
    1 day ago
  • Data torrent may spur biggest M&A frenzy since ’07


    Blog of Intellectual CapitalAuthority Authority: 104
    Article from SFGate. “Three years from now, the data equivalent of every movie ever made will cross Internet networks every five minutes, according to Cisco Systems predictions. How to manage all that information is what will be driving technology mergers and acquisitions in 2012. In a bid to transform that ...
    3 days ago
  • Limiting Banker compensation in Europe, US and Asia | Bonus Insight


    The Banking and Strategy InitiativeAuthority Authority: 125
    The church ( which manages $8 bln in investments) may have proposed a conservative limit of upto 3 times a baners ssalary as bonuses while global winners like HSBC had voluntarily proposed slightly higher limits at 10 times salaries as bonuses. Howevr the weekend asaw, Europe responding to the public criticism and ...
    3 days ago
  • Is Deferred pay the next Crossroads for Investment Banking? | Bank insight


    The Banking and Strategy InitiativeAuthority Authority: 125
    Even as Deal fees continues to plummet, 2012 looks like a return to health for most global banks except for units in Asia and Europe sold off for gains and better capital management by parent firms. Deals in Asia and growing back claws in housing and retail wealth markets are gooing to keep banks happy. However, the ...
    4 days ago
  • Investors Drive $ZNGA Up 26% In Two Days Following Facebook IPO Filing


    Crazy For Tech - Gadgets,Cell Phones,CamerasAuthority Authority: 142
    Those of us who have been following the social gaming industry already know that Zynga makes up a big portion of Facebook’s revenues. But lots of public investors only seem to have gotten the memo on Wednesday evening, when Facebook’s S-1 filing revealed that the developer accounts for 12% of its total revenues , ...
    5 days ago
  • I Use Wikipedia More Than Makeup


    Crazy For Tech - Gadgets,Cell Phones,CamerasAuthority Authority: 142
    I just donated $40 to Wikipedia, because I promised myself I would every time I poked fun at its holiday donation drive and then just never got around to it. Did you know that you could actually donate during the off-season (Via the covert  “Donate to Wikipedia” link at the far left of each individual entry ...
    5 days ago
  • Goldman Sachs CEO Blankfein Identifies with Struggling Americans After Bonus Cut in Half


    The Bennington Vale Evening TranscriptAuthority Authority: 408
    Sources inside Goldman Sachs worry about Blankfein making his rent this month NEW YORK, N.Y. ( Bennington Vale Evening Transcript ) -- Goldman Sachs CEO Lloyd Blankfein revealed Wednesday that he too is feeling the pinch of the weak economy as his company announced a 47-percent plummet in earnings, the most ...
    6 days ago
  • DealBook: Goldman Gives Blankfein $7 Million Stock Award


    NYT > TheaterAuthority Authority: 862
    With a $2 million base salary, the 2011 pay package for Lloyd Blankfein, the chief executive of Goldman Sachs, so far totals $9 million. Goldman has not yet disclosed the size of his cash bonus
    6 days ago
  • Goldman’s Blankfein Gets $7 Million Stock Bonus


    WSJ.com: Deal JournalAuthority Authority: 480
    Goldman Sachs Group granted Chief Executive Lloyd Blankfein restricted stock valued at $7 million as of Wednesday’s close as part of his 2011 compensation. AP The grant is 43% lower than the $12.6 million in stock awarded for 2010 to each of Goldman’s five senior executives,  and was somewhat offset by a ...
    6 days ago
  • Winners & Losers From This Week In Business


    WSJ.com: Deal JournalAuthority Authority: 480
    Here’s Deal Journal’s scorecard of some of the week’s biggest winners and losers in the world of business, M&A;, and banking. WINNERS Getty Images Mr.  Zuckerberg (senior) – Mark Zuckerberg could certainly grab this, but Deal Journal ...
    6 days ago
  • Goldman Gives Blankfein $7 Million Stock Award


    DealBookAuthority Authority: 133
    With a $2 million base salary, the 2011 pay package for Lloyd Blankfein, the chief executive of Goldman Sachs, so far totals $9 million. Goldman has not yet disclosed the size of his cash bonus
    6 days ago
  • Class Action Against Goldman Can Proceed, Judge Rules


    NYT > TheaterAuthority Authority: 862
    A Manhattan federal judge certified a class-action suit led by a Mississippi retirement fund that claims Goldman’s offering documents on an investment were false and misleading.
    6 days ago
  • Market Recap: Stocks Jump on Jobs


    Wall St. Cheat SheetAuthority Authority: 580
    Markets closed up on Wall Street today: Dow +1.23% , S&P +1.46% , Nasdaq +1.61% , Oil +1.43% , Gold -1.77% . On the commodities front, Oil ( NYSE:USO ) rose to $97.74 a barrel. Precious metals were down, with Gold ( NYSE:GLD ) falling to $1,728.20 an ounce while Silver ( NYSE:SLV ) ...
    6 days ago
  • Protesting HRC on Both Coastlines: Goldman Sachs Sucks


    2015Place.comAuthority Authority: 433
    The Human Rights Campaign (HRC) is honoring Goldman Sachs. Many of us in the LGBTQIA community do not support this in any way, shape or form. Not only do we not support it, we find it appalling, disgusting and unacceptable. For this reason protests will be taking place on both the West coast and the East coast, ...
    6 days ago
  • Report: Top Geithner Aide Headed To Goldman Sachs


    The Daily BailAuthority Authority: 568
    Meanwhile, Geithner is rumored to be heading to Government Sachs in November... ---  Bloomberg Goldman Sachs Group Inc. (GS) may hire Richard “Jake” Siewert Jr., a former counselor to U.S. Treasury Secretary Timothy F. Geithner, to manage the bank’s communications department, according to three people ...
    6 days ago
  • Nyse:bac


    SmoatAuthority Authority: 144
    These Stocks Are Crushing the Dow – Motley Fool Once again, cyclicals continue to outperform. Financials such as Bank of America (NYSE: BAC ) , materials producers such as Alcoa (NYSE: AA ) , capital goods manufacturers such as Caterpillar (NYSE: CAT ) , and energy companies such as Chevron … Why the Dow’s ...
    6 days ago

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