Here are today’s gold stock screens and data, along with cycle conditions and projections for gold and HUI index, and Chart of the Day...
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Tags: banks in the us, banks in us, biggest us banks, Goldman earnings report, Goldman Sachs Group Inc. (NYSE: GS), goldman sachs nyse, largest banks in the us, largest banks in us, largest us banks, major banks in the us, major us banks, top 10 us banks, US banks, us major banks, us top...
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Tuesday, January 10, 2012
Fiscal Policy: Kind of a Drag
by CalculatedRisk on 1/10/2012 04:54:00 PM
Cardiff Garcia at the Financial Times Alphaville has posted a new graph from economist Alec Phillips of Goldman Sachs: Fiscal flailing, continued
CR ...
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January 6, 2012, 9:03 pm
Wall Street Is Bracing for Dismal 4th Quarter
By SUSANNE CRAIG
Wall Street banks have been buffeted by the weak American economy and the European debt crisis.
For most Wall Street bankers, 2011 was a year they would rathe...
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13 Fund Managers Who Lost Among the Most Money
Frank Byrt
12/15/11 - 08:44 AM EST
BOSTON (TheStreet) -- Bill Miller, Bruce Berkowitz and Kenneth Heebner are among legendary mutual fund managers who have trailed their benchmarks by wide margins this ye...
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Advisor Network|12/14/2011 @ 12:04PM
Hedge Fund Abuses Hurt All Investor
The reputation of the opaque and rarefied world of Wall Street hedge funds has been severely tarnished of late. .
Now we hear allegations that hedge fund managers have select,...
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"though his mouth moved, he didn't say much." -- our reaction to Corzine's dissemblements in his Congressional testimony of today.
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One of the biggest problems with Wall Street's malfeasance is how the ruling elite view legal settlements - as little more than an acceptable cost of doing business.
Well, no more.
Thanks to Judge Jed Rakoff we may see some real regulatory action leading...
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This week we present a timely and important guest-author series on debt renunciation and forgiveness by longtime contributor Zeus Yiamouyiannis. Today: Part 5: Deficit spending: National absurdity, international gamesmanship, and manipulation by transn...
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Goldman Sachs is out with its first predictions for how 2012 and 2013 will shape up, and the news isn't all that thrilling.
Led by Francesco Garzarelli in London and Dominic Wilson in New York, the team set out to forecast what markets, currencies, ...
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Secret Fed Loans Gave Banks Undisclosed $13B
So here's what I got from this.
Howard Opinsky, a spokesman for JPMorgan (JPM), declined to comment about Dimon’s statement or the company’s Fed borrowings. Jerry Dubrowski, a spokesman for Bank of Amer...
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Transcript available, later Friday 25th.
Former SEC chief accountant Lynn Turner talked straight, and it's really hard to duck the implications. Guy says 1000 prosecutions after S&L crisis, vs. just 39 after the 2008 meltdown. Says prosecutors, at...
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Had a quick piece of news I wanted to call attention to, in light of the recent developments at Zuccotti Park. For all of those who say the protesters have it wrong, and don’t really have a cause worth causing public unrest over, consider this ...
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Goldman Sachs Group Inc. (NYSE: GS) Chief Executive Officer Lloyd Blankfein was really on a roll speaking at an investment conference in New York last week.
Among other things, he said there's no way we can conclude that a slowdown in banking and trading businesses is "secular, rather...
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http://www.bloomberg.com/news/2011-11-15/goldman-s-blankfein-growth-to-
snap-back-.html
And if that doesn't pan out, there's always a job waiting as head of Treasury, the Fed, or Greece.
Excerpt:
Goldman Sachs Group Inc. (GS), the fifth- biggest ...
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Federal judge Jed Rakoff, a former prosecutor with the U.S. Attorney’s office here in New York, is fast becoming a sort of legal hero of our time. He showed that again yesterday when he shat all over the SEC’s latest dirty settlement with serial...
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UK Parliamentary Commission of Inquiry member Tom Watson just told James Murdoch that he must have been the first Mafia boss in hisory who didn't know that he was running a criminal enterprise.
And let's not forget, you can't vote these guys off any ...
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FTAlphaville FT Alphaville Findings in the Goldman Sachs 10q filing dlvr.it/vLyS01 minute ago Favorite Undo Retweet Reply
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Can we all agree that a $1 billion swindle represents a lot of money, and the fact that Citigroup agreed last week to pay a $285 million fine to settle SEC charges for “misleading investors” demonstrates a damning admission of culpability?
...
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October 29, 2011
Did You Hear the One About the Bankers?
By THOMAS L. FRIEDMAN
It doesn’t get any more immoral than this. As the Securities and Exchange Commission civil complaint noted, in 2007, Citigroup exercised “significant influence” ove...
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October 22, 2011
Bank’s Collapse in Europe Points to Global Risks
By GRETCHEN MORGENSON and LOUISE STORY
As Europe’s debt crisis has deepened, a recurring question is how much risk it poses to the United States economy, and especially American ban...
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Mass layoffs started in Goldman's London office last week, and it sounds like they're going to continue everywhere.
One source told us that Goldman Sachs plans to lay off up to 20% of its employees in investment banking and securities.
Another sour...
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The Battle of the Euro Bond
With only the weak-willed Angela Merkel playing the role of “Frodo” against the “Dark Lords” of Wall Street, the situation could hardly be more dire – or hopeless.
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