Topic: Goldman Sachs Group Inc.
LONDON (Reuters) - With governments laboring under too much debt and banks hobbled by too little capital, 2012 is shaping up as another year of hard slog for Europe's economy that could yet test the single currency to destruction.The Netherlands on Thursday ...
HONG KONG (Reuters) - Private equity firm J.C. Flowers & Co will keep "a lot of cash on hand" to weather global market turmoil and to stay ready for potential buyout opportunities, founder J. Christopher Flowers said on Wednesday.Determining the outcome of ...
Retail investors have jumped on board the "good-times commodities train"In the last few weeks a slow slide in commodity prices – metals in particular – has turned into a full-scale nosedive. All through 2011 copper had remained essentially between US$4 and $4.50 ...
A financial trader in London caused a storm of outrage by suggesting that world leaders cannot do anything to prevent a global market collapse, saying that investment bank Goldman Sachs ruled the world.Alessio Rastani's comments on BBC television on Monday have gone ...
The Senate will soon issue findings of a probe of the US mortgage meltdown that fueled the global financial crisis, with Goldman Sachs likely to face fresh embarrassment over its role, the Wall Street Journal reported Sunday.The Senate Permanent Subcommittee on Investigations, ...
NEW YORK (Reuters) - Goldman Sachs Group said it is part of a creditor group that may file an alternative plan for dividing up billions of dollars of Lehman Brothers' Holdings assets.The plan would compete with a revised proposal submitted by Lehman ...
WASHINGTON (Reuters) - The head of enforcement at the Securities and Exchange Commission on Friday defended the agency's record for bringing credit crisis cases and raised concerns about the agency's tight budget.SEC Enforcement Division Director Rob Khuzami told an audience Friday that ...
WASHINGTON (Reuters) - Twelve of the 13 most important U.S. financial firms were at the brink of failure at the height of the credit crisis in 2008, according to previously undisclosed remarks made by Federal Reserve Chairman Ben Bernanke in November 2009 ...
Matt Taibbi is a very impressive writer - excellent observer of reality and a bit of a comic; I just wish he was a bit less profane. ($50 million fine) Another moral failure was working with John Paulson to sell his $1 ...
Matt Taibbi is a very impressive writer - excellent observer of reality and a bit of a comic; I just wish he was a bit less profane. ($50 million fine) Another moral failure was working with John Paulson to sell his $1 ...