goldman-sachs
Bailing on Blizzard Duty
cityfile · 01/15/10 04:13PMA Bank of Emotion
Gabriel Snyder · 01/14/10 10:34AMThe Many Emotions on Capitol Hill Today
cityfile · 01/13/10 03:25PMLloyd Blankfein Finally Explains the Financial Collapse in Layman's Terms: We Forgot About the Money
John Cook · 01/13/10 02:38PMThe Columnist Who Went into the Cold
cityfile · 01/13/10 08:15AMPETA Has a 'Suggestion' for Lloyd Blankfein
cityfile · 01/12/10 12:03PMGoldman Looks for Redemption (Again)
cityfile · 01/11/10 09:01AM"As it prepares to pay out big bonuses to employees, Goldman Sachs is considering expanding a program that would require executives and top managers to give a certain percentage of their earnings to charity," the Times reports today. According to the paper, the plan could require execs at the embattled bank to give 4 percent of their annual pay to charitable organizations, which, if true, would mean the bank's chief, Lloyd Blankfein, would have some serious catching up to do. [NYT]
Goldman Sachs' Shareholders Object to Ginormous Banker Bonuses
John Cook · 01/08/10 12:27PMThe Goldman Sachs Coffee Conspiracy
Ravi Somaiya · 12/22/09 07:50AMGoldman Gathers a Crowd
cityfile · 12/17/09 12:07PMGoldman Agonistes
John Cook · 12/16/09 11:21AMWall St. Bankers Snub Obama, Duck D.C. Sit-Down Because of 'Inclement Weather'
John Cook · 12/14/09 12:37PMGoldman Sachs' Top Executives to Get Their Outrageous Bonuses In Lousy, Valuable Stock
John Cook · 12/10/09 02:41PMGoldman Caves!
cityfile · 12/10/09 10:36AMGoldman Sachs is giving in, believe it or not. The bank announced this morning that it plans to change up the way it compensates its top 30 execs this year, as the fury over outsized pay packages continues to grow. Goldman says it will now pay out the bonuses in the form of restricted stock, a move that will likely gratify Goldman's critics and also terrify high-end real estate brokers and Porsche salesmen in the Hamptons. [NYT]
Goldman Not Preparing for Revolution, After All
cityfile · 12/09/09 03:51PMGoldman Loses Again
cityfile · 12/07/09 01:11PMGoldman Sachs has been taking lots of heat from shareholders, pundits, and politicians in recent weeks. Now even Goldman employees are furious with the firm. The bank recently spent $15 million on two murals for its new downtown office tower—one by Franz Ackermann and another by Julie Mehretu—but employees don't particularly like either of them, and it's "all anyone who walks in can talk about." [Business Insider]
The Confidence Is Back
cityfile · 12/03/09 09:34AMWall Street is feeling flush, clearly. Yesterday afternoon, a "resurgent" Bank of America announced that it plans to repay the $45 billion in government aid it received during the darkest days of the financial crisis last fall. And while you might expect that Goldman Sachs to be on the defensive given all the negative press that's come its way in recent weeks, it's behaving in quite the opposite fashion according to the Wall Street Journal, which reports the bank has been meeting with its investors recently to convince them why its employees are totally entitled to record bonuses this year. And then there's Deutsche Bank:
Goldman Sachs Bankers Already Dangerous, Now Armed
John Cook · 12/01/09 12:12PMGoldman Prepares for the Apocalypse
cityfile · 12/01/09 10:07AMDo be careful before chastising any senior Goldman Sachs execs you happen to come across. Alice Schroeder of Bloomberg News reports beleaguered bankers at the firm have been loading up on firearms recently and "are now equipped to defend themselves if there is a populist uprising against the bank." En garde! [Bloomberg; photo: VF.com]