View By Tag : goldman sachs

President Obama On CEO Compensation At Too Big To Fail Banks (www.istockanalyst.com)

Bloomberg today reports President Obama as commenting on the $17 million bonus for Jamie Dimon of JP Morgan Chase and the $9 million bonus for Lloyd Blankfein of Goldman Sachs, "I know both those... More

Tags: big banks,too big to fail,obama,goldman sachs,jp morgan chase

Submitted about 1 month ago by gregplaysdrums | 0 Comments |

Testy Conflict With Goldman Helped Push A.I.G. to Edge (www.nytimes.com)

Billions of dollars were at stake when 21 executives of Goldman Sachs and the American International Group convened a conference call on Jan. 28, 2008, to try to resolve a rancorous dispute that had... More

Tags: big banks,goldman sachs,aig,bailout

Submitted about 1 month ago by gregplaysdrums | 0 Comments |

Wall Street CEOs Grilled by Panel (online.wsj.com)

Wall Street's biggest banks acted like used-car salesmen knowingly selling lemons to consumers, the head of a commission investigating the financial crisis said Wednesday, as top bank executives came... More

Tags: big banks,goldman sachs,angelides,financial crisis inquiry

Submitted 2 months ago by gregplaysdrums | 0 Comments |

Bank CEOs to testify before panel seeking to examine crisis (www.marketwatch.com)

What precisely caused the financial crisis, and what can we do to make sure it doesn't happen again?

Tags: big banks,financial crisis,goldman sachs,jp morgan chase,morgan stanley,bank of america

Submitted 2 months ago by gregplaysdrums | 0 Comments |

Goldman Sachs Considers Charity Requirement (www.nytimes.com)

As it prepares to pay out big bonuses to employees, Goldman Sachs is considering expanding a program that would require executives and top managers to give a certain percentage of their earnings to... More

Tags: big banks,goldman sachs,charity,bonus

Submitted 2 months ago by gregplaysdrums | 0 Comments |

Greedwashing on Wall Street (www.banksterusa.org)

All eyes are on Wall Street this week as the big banks get ready to report their earnings and bonuses. Rebounding banks are preparing to pay out bonuses that rival those of the pre-crisis boom years.

Tags: big banks,wall street,goldman sachs,bonuses,tarp

Submitted 2 months ago by gregplaysdrums | 0 Comments |

More Easy Money for Wall Street (www.thenation.com) TMC

A permanent security blanket for big boys of finance will further inflame public opinion. Only the public isn't likely to know.

Tags: wall street,big banks,congress,federal reserve,house,goldman sachs,treasury,insurance companies,tarp,socialism,tmc

Submitted 3 months ago by lizchapman | 0 Comments |

Banks sense danger, warn Congress on breakup power (www.reuters.com)

Some of the world's largest financial firms on Monday urged a top U.S. lawmaker not to pursue big bank break-up legislation, an idea attracting interest in Congress and causing alarm on Wall Street.

Tags: barney frank,congress,bank reform,big banks,goldman sachs,jpmorgan

Submitted 4 months ago by codydamon | 0 Comments |

In Goldman, Sachs We Trust (firedoglake.com)

That’s the title of Chapter IV of John Kenneth Galbraith’s book The Great Crash 1929. The description of the activities of GS in the months prior to October, 1929, are eerily similar to those of... More

Tags: big banks,goldman sachs

Submitted 4 months ago by nhavey | 0 Comments |

Morgan Stanley back in Black, Earns 757 Million Dollars (www.alternet.org) TMC

Morgan Stanley posted Wednesday third-quarter earnings of 757 million dollars, swinging to profit on improved investment banking operations after three straight quarterly losses.

Tags: morgan stanley,investment banking,goldman sachs,profit,tmc

Submitted 4 months ago by lizchapman | 0 Comments |

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