Goldman Sachs Group Inc
NYSE: GS
$590.55
-$2.99 (-0.5%)
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GS Articles
The Fed will step into the market next year and buy mortgage-backed securities with a vengeance. It has finally dawned on the agency that cutting rates and providing banks with low-cost emergency...
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According to MarketWatch, "Standard & Poor’s cut the credit rating or outlook of 12 major U.S. and European financial institutions Friday, saying the move reflected its view of the significant...
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Goldman Sachs has come out with a new financial sector outlook for 2009, and much of how you receive it will depend whether you see things as"half empty" or "half full." It is not a good outlook,...
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Citigroup Inc. (NYSE: C) is getting a more "in-line" view from analyst and fan Dick Bove of Ladenburg Thalmann. Bove is capitulating at least a bit with the admission that the quarter may look...
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According to Reuters, Chrysler will idle its plant for a month to cut inventory and costs. Reuters reports that the SEC is under fire over the Madoff investigation. Reuters reports that Obama picked...
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For bankers used to making millions of dollars in bonuses, $400,000 might seem like a big comedown. Goldman Sachs (GS) has elected to make that the cap for cash compensation for everyone at the firm...
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Yesterday was a rather odd day in more than one way. The reaction to Goldman Sachs Group (NYSE: GS) was given a warm reception, despite the much wider losses than expected, the negative revenues...
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According to Reuters, the Fed may need to use a trillion dollars to halt the economy from moving into a period of deflation. Reuters reports that OPEC will make the largest production cut in its...
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In another sign that the recession is deepening, the average employee at Goldman Sachs (GS) will make only $363,654 a drop of 45% from last year. In other words, that would still pay the salaries of...
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Moody’s Investors Service downgraded the long-term senior debt ratings of Goldman Sachs Group Inc. (NYSE: GS) to A1 from Aa3, excluding FDIC-guaranteed debt. The Aa3 deposit ratings of Goldman...
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Imagine a wide loss being considered a win. That is partly the case at Goldman Sachs Group, Inc. (NYSE: GS) This morning. The former "Golden Slacks" posted a loss of $4.97 EPS for the quarter and...
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This is a very important week for earnings from brokerage firms (or the new bank holding companies). Tomorrow morning we have earnings from Goldman Sachs Group (NYSE: GS) and on Wednesday morning...
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According to Reuters, there may be another bubble in commodities prices. Reuters reports that the recession is hurting Japan’s economic sentiment and China’s industrial output. Reuters writes...
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Most of the CEOs at banks and investment houses are losing their bonuses this year, so what not let every employee at the firms share their pain? Even if they did nothing to deserve it? Some of them...
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A man runs from a burning house covered with soot and with his hair and clothing aflame. A fireman stops him and asks, "What was your strategy for coming out of the front door instead of the side...
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