Goldman Sachs Group Inc
NYSE: GS
$490.17
-$4.94 (-1.0%)
Closing Price on October 1, 2024
GS Articles
UBS (UBS) telegraphed all ships in the known world as it sank into the Atlantic like the Titanic. The big bank will fire 5,500 poor souls and sell $15 billion of its subprime mortgage securities...
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Late word is that the hedge fund business that Citigroup (C) CEO Vikram Pandit sold to the bank for $800 million has lost a huge amount of its value. All of the outside investors in the fund, Old...
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When we saw the Mars acquisition of William Wrigley Jr. Co. (NYSE: WWY) in perhaps the largest food merger, the first thing that came to mind besides "what a premium" was "What does this do for the...
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The FBI is looking into why the subprime market fell apart. As a matter of fact, it wants those who are guilty to turn themselves in so they do not have to be pursued to the ends of the Earth....
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"So, we beat on, boats against the future, born back ceaselessly into the past"–F Scott Fitzgerald, "The Great Gatsby" John Thain, former co-president of Goldman Sachs (GS) and CEO of The New York...
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According to Reuteres, Novartis will buy Nestle’s Alcon stakes for $39 billion. Reuters writes that Microsoft (MSFT) has given Yahoo! (YHOO) a dealine for buy-out talks. Reuters writes that Yahoo!...
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A decade ago, when there were big problems in the financial markets a very small group of people came in for the fix. E. Gerald Corrigan, a man of massive girth and intellect, ran the Federal Reserve...
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The Fed does not want to see all the money it has give to brokerages in exchange for lousy paper to go down the toilet so it has stationed its own personnel in the firms to keep and eye on things....
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MoneyGram International, Inc. (NYSE: MGI) has completed its recapitalization that was led by affiliates of Thomas H. Lee Partners and Goldman Sachs (NYSE: GS). Here is a breakdown of how the...
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Liberty Lane Acquisition Corp., another special purpose acquisition company, or SPAC, has filed to come public via an initial public offering of $350 million in units. Each unit will come with one...
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According to The New York Times, JP Morgan (JPM) is in talks to raise it bid for Bear Stearns (BSC) from $2 to $10. Reuters writes that analysts now see a steep drop in Q1 earnings for S&P 500....
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After a week in which the market finally seemed to vote that big financial companies will be OK, S&P took the holiday to slam Goldman Sachs (NYSE:GS) and Lehman Brothers (NYSE:LEH). No one was...
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It was the cleanest theft since the Great Brink’s Robbery in 1950. The Fed and JP Morgan (JPM) got the Bear Stearns (BSC) management is a room over the weekend and beat the ownership of the company...
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If you have been around the markets for a decade you’ll know the name Frank Quattrone quite well. Quattrone was one of the most influential investment bankers in the 1990’s who also became the...
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Goldman Sachs (NYSE: GS) has just posted earnings, and while many metrics are lower than last year the results overall were well above estimates that had been lowered in a weakening environment. ...
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