Aug 1, 2010 12:00 PM, By David A. Geracioti
John Paulson, Founder and President, Paulson & Co. ...
Jul 15, 2010 5:35 PM, By Kristen French
Goldman Sachs agreed Thursday to pay a record $550 million to settle charges that it committed fraud when it misled investors in its Abacus subprime mortgage CDO deal, sold to institutional investors. The settlement is the largest the S.E.C. has ever leveled at a Wall Street firm in its history, said enforcement director Robert Khuzami in a press conference. ...
May 11, 2010 2:29 PM
In the wake of the Goldman Sachs fraud case, a number of senators, Republican and Democrat, are scrambling to get on the fiduciary bandwagon...
Apr 27, 2010 5:39 PM, By Kristen French
Today’s Senate hearing with Goldman Sachs may increase the likelihood that a fiduciary standard for brokers will make it into Senator Christopher Dodd’s financial regulatory reform legislation. ...
Apr 16, 2010 11:37 AM, By Kristen French and Christina Mucciolo
LAST UPDATED : April 16, 4:57 p.m. The Securities Exchange Commission sued Goldman Sachs for fraud today in connection with the mortgage-backed collateralized debt obligations (CDOs) it packaged and sold to investors....
Sep 9, 2009 10:11 AM, By David A. Geracioti, VonAldo.com
It must be nice to be single and a Master of the Universe. For more, go to VonAldo.com, the blog of Registered Rep. Editor-in-Chief David A. Geracioti...
Apr 14, 2009 1:56 PM, By David A. Geracioti, VonAldo.com
Goldman's quarterly earnings were "amazing," but what will a populist Congress think of its "accrued compensation" kitty of $4.71 billion? For more, go to VonAldo.com, the blog of Registered Rep. editor-in-chief David A. Geracioti....
Jun 23, 2008 5:10 PM, By John Churchill
Goldman Sachs would like you to know it is not immune to mistakes. ...
May 12, 2008 11:02 AM, By Nancy N. DiCostanzo
Well, it seems that the little guy may be forced to reach into his pocket once again. It doesn't look like Ground Zero is going to be rebuilt by the deadlines set back in 2005, which means that taxpayers are going to be forced to pay for $321 million in handouts to Goldman Sachs.
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Dec 18, 2007 5:29 PM, By Halah Touryalai
Goldman Sachs closed out the year on a high note. Despite the credit crisis that has hurt many of its rivals on Wall Street, net income at Goldman increased 2 percent in the fourth quarter ...
Nov 1, 2007 2:27 PM, By John Churchill
The subprime debt market blowup has had very different effects on Wall Street firms Goldman Sachs and Merrill Lynch. Goldman earnings shined in the third quarter, and Merrill earnings stunk. But according to news reports...
Apr 17, 2003 12:00 PM, By Ross Tucker
The clients who come with the deal are slightly less affluent than Goldman’s current clientele....
Mar 20, 2003 12:00 PM, By David A. Gaffen
Merrill Lynch, continuing to attract talent to its upper tier of brokers serving clients with more than $10 million in investable assets, bagged a big gun in the last week. Michael Russ, a large producer who oversees several billion in assets—along with his team—moved to Merrill from Goldman Sachs, Merrill officials confirmed Thursday....
Oct 1, 2000 12:00 PM, Staff
While retail brokerage is far from being an integral business at Goldman Sachs & Co., Wall Street's most prestigious investment bank has to be a bit shaken...