Goldman Sachs Group Inc
NYSE: GS
$586.92
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GS Articles
Reuters: Airlines are cutting back on first class seating. Reuters: Xstrata wants merger talks with mining rival Anglo American. Reuters: Employers are cutting 401 (K) plans....
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E*TRADE Financial Corp. (NASDAQ: ETFC) has been the worst of the online brokerage stock. With some of the crazy mortgage products it offered, it is no wonder. And the stock has paid a price, over...
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Reuters: Investors are putting money into emerging markets except Eastern Europe. Reuters: Stanford will go to court for a $8 billion fraud allegation. Reuters: RIM’s (RIMM) outlook...
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Bank of America’s (BAC) addiction to giving its senior employees huge bonuses has not ended. These used to be based on “performance.” A banker who created toxic asset products that could be...
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Reuters: Obama proposed sweeping reform for financial industry. Reuters: A number of large banks repaid TARP. (JPM)(GS)(BBT)(COP)(STT)(AXP)(USB) Reuters: Consumer prices show inflation...
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Reuters: The US outlined new financial market reforms. Reuters: Obama lobbied MDs on his new healthcare package. Reuters: Russia hosted the first BRIC summit. Reuters: B of A’s...
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Bank of America Merrill Lynch (BofA-Merrill), the new name for the brokerage arm of Bank of America Corporation (NYSE: BAC), has come out this morning with a cautious call on brokerage firms and...
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Market in Asia were mixed. The Nikkei dropped 10% to 9,961. The Hang Seng dropped .4% to 18,718. The Shanghai Composite fell .7% to 2,798. At the open in Europe, the FTSE was down .3% to 4,422. The...
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The short interest in most large banks fell very sharply for the period ending May 29, an indication that traders believe that TARP repayments and ongoing strong earnings mean the fate of American...
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Wall St. firms and the large money center banks with investment and M&A arms have continued to insist that their best talent will head to private equity firms and hedge funds as opportunities for...
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The House Oversight Committee has subpoenaed the Fed to get information relating to the Bank of America (BAC) buyout of Merrill Lynch. Ken Lewis, the bank’s CEO, claims that former Treasury...
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Reuters: The Supreme Court delays Chrysler deal. Reuters: The cleared ten banks to repay TARP include JPMorgan (JPM), Goldmand Sachs (GS), American Express (AXP), Cpaital One(COF), State Street...
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The first week of May, crude moved around just over $50. Today it traded just above $69, a 38% increase over that period. Airline stocks have reacted badly to the news. No wonder, the International...
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The Treasury is finally allowing some of the TARP recipient banks that posed the least systematic risk to begin repaying the Treasury’s preferred stock funds. This will get these institutions out...
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Maybe the initial “stress tests” of America’s 19 largest banks were flawed. Or, perhaps taking a single snapshot is not an adequate way to measure the ever-changing financial system. The...
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