Greg Smith says Goldman’s response confirms his criticisms: Q&A
Greg Smith, the ex-Goldman Sachs salesman who stunned the investment bank with a scathing public resignation in March, is now on the defense. Smith, whose book, “Why I Left Goldman Sachs” hits...
View ArticleGoldman: 1, Volcker: 0
By Lauren Tara LaCapra There’s an interesting article out today from Bloomberg, which accuses Goldman Sachs of skirting the yet-to-be-defined-or-implemented Volcker rule, and accuses its top...
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Is Blankfein’s beard really just a beard?
Goldman Sachs Chief Executive Lloyd Blankfein has been sporting a beard lately, which has some people asking: is he on his way out? The 58-year-old former commodities salesman shaved his beard, lost 50...
View ArticleThe dollars keep rolling in for foreclosed home funds
By Matthew Goldstein Today, The Wall Street Journal reports that foreign investors have caught the gold rush mentality that surrounds the market for foreclosed homes in the U.S. But domestic-based...
View ArticleOnce-obese Goldman analyst becomes fitness evangelical, gym CEO
Wall Street is shrinking, but so are some of its bankers. Eight years ago, Goldman Sachs Group’s Kishan Shah weighed 400 pounds and couldn’t find a suit that fit his 62” waist for a job interview. Now...
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Goldman, AIG and the government renew their friendship
Scanning Goldman Sachs’s newly published interactive annual report on Monday, Unstructured Finance had to do a double-take upon seeing American International Group highlighted as a client success...
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Wall Street’s trading businesses turn to survival of the least dead
Darwin theorized that peacocks’ colorful plumage was a sign of their evolutionary strength. Wall Street has always been known as a cutthroat kind of place, but lately it seems big investment...
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NJ Governor Chris Christie spotted outside Goldman Sachs
New Jersey Governor Chris Christie shakes hands with Lloyd Blankfein lookalike outside Goldman Sachs on Wednesday Editor’s note: Updated with reason for Christie’s visit. These days it seems New Jersey...
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Goldman fund haggles with REIT investors over 10-cent printing fee
A Goldman fund’s REIT charges investors 10 cents per page for financial statements. Of all the accusations made by an aggrieved group of REIT investors against Goldman Sachs, perhaps the most...
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How Babel became Symphony
By Lauren Tara LaCapra The idea for a communications platform went through several names before Symphony. In late-2012, Goldman Sachs traders started to notice something unusual. News was sometimes...
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