NEW YORK (MarketWatch) — Jamie Dimon is right. Regulation is making things worse on Wall Street. The Dodd-Frank Act has cost banks hundreds of millions…
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 …
Fitch puts three U.S. banks on review for downgrade
On Thursday October 13, 2011, 4:42 pm
(Reuters) – Fitch Ratings placed Bank of America Corp (NYSE:BAC – News), Morgan Stanley (NYSE:MS – News) and Goldman Sachs Group Inc (NYSE:GS – News) on review …
Volcker Rule May Mostly ‘Go Up in Smoke,’ Goldman’s Levitt Says
October 13, 2011, 1:02 PM EDT
By Charles Mead and John Tucker
Oct. 13 (Bloomberg) — The Volcker rule, which would bar banks from trading for their own accounts, is likely to be p…
Goldman Sticks With ‘Resilient’ Commodities on Supply Risks
By Tony C. Dreibus – Sep 22, 2011 1:02 PM PT
Goldman Sachs Group Inc. (GS) said investors should keep buying commodities because “supply disappointments” will support prices even as t…
“From what I’ve seen, it looks as if the SEC might have sanctioned some level of case-related document destruction,” said Sen. Chuck Grassley, Republican of Iowa, in a letter to the agency’s chairman, Mary Schapiro.
“It doesn’t make sen…
NEW YORK — Lloyd Blankfein, the CEO of Goldman Sachs Group Inc., saw his 2010 compensation rise to $14.1 million from just over $1 million in 2009, according to an Associated Press analysis of data filed with regulators on Friday.
Blankfein rec…
Sergey Aleynikov is a criminal, a convicted thief. He belongs behind bars.
He was found guilty of stealing a proprietary computer program from Goldman Sachs Group Inc. He stole it on his last day of work. He tried to cover his tracks, encrypting th…
Federal Home Loan Bank of Chicago sues B of A, others
The Federal Home Loan Bank of Chicago has sued several of the nation’s largest banks, including its biggest shareholder, Bank of America Corp., alleging that their failure to disclose lax mortgag…
Goldman Sachs, Morgan Stanley Split on Junk as Prices Soar: Credit Markets
By John Detrixhe – Sep 23, 2010 5:59 AM ET
Morgan Stanley says investors should buy the lowest-rated corporate debt, while Goldman Sachs Group Inc. says stay away, underscorin…