Your Search Returned 416 tagged news reports
Back two years ago when the mortgage meltdown was heating up, we wrote an article called " Junk Mortgages Under the Microscope " dissecting a particularly wretched mortgage-backed securities issue peddled by Goldman Sachs. We wanted to show how these...
Tags: Goldman Sachs, face value, originally rated, Moody, S&P, AAA, super seniors, originally aaa, face losses, New York City, Structured finance, Collateralized mortgage obligation, Tranche, Business Finance, Causes of the financial crisis of 2007¬タモ2009, Mortgage-backed security, Credit rating agency, Fixed income securities
L loyd Blankfein—who was born poor in the South Bronx, put himself through Harvard, and became the C.E.O. of Goldman Sachs in 2006, after 24 years at the firm—is a history buff, a lawyer, a wordsmith, and something of an armchair philosopher.
Tags: Goldman Sachs Group Inc., New York City, Goldman Sachs, Rockefeller Center, YES Network, Sidney Weinberg, Politics, Business Finance, Gus Levy, Warren Buffett, Blankfein, Troubled Asset Relief Program
Ethanol producer Green Plains Renewable Energy Inc. said Monday that Jeffrey Briggs will take on the position of chief operating officer, which has been held by CEO Todd Becker for the last year...Briggs will be responsible for the Omaha, Neb.-based company's...
Tags: Green Plains, Miami, Environment, Goldman Sachs, Valmont Industries, Kiewit Corporation, Business Finance, Ethanol fuel, Omaha Nebraska, Biofuels, Alternative propulsion, Ethanol
A federal judge has ordered a retired Croatian seamstress to pay more than $5.7 million for her role in an insider trading ring involving two former Goldman Sachs Group Inc employees. U.S. District Judge Kimba Wood directed the seamstress, Sonja Anticevic,...
Tags: Sonja Anticevic, SEC, David Pajcin, insider trades, Croatia, Zagreb, Goldman Sachs, U.S. Securities and Exchange Commission, Corporate crime, Insider trading, Business Finance, Eugene Plotkin, Year of birth missing, Law Crime
Edward Leigh, chairman of the public accounts committee, who will deliver Friday's damning report by the NAO...The National Audit Office (NAO) report will reveal on Friday that payouts to consultants for the rescue package for the two banks is higher...
Tags: NAO, Treasury, HBOS, Edward Leigh, Goldman Sachs, Bank of England, rescue packages, City of The Dalles, Lloyds Banking Group, Bailout, Parliament of the United Kingdom, Politics, Business Finance, National Audit Office
Hedge funds are shovelling money into stocks as individuals exit at the fastest rate in a year, a sign to professional investors that the Standard & Poor’s 500 Index is poised to extend its gains. About $37.3 billion has been pulled from US mutual funds...
Tags: hedge fund, mutual fund, New York City, Goldman Sachs, Institutional investors, Funds, Hedge funds, Business Finance, Financial services, Stock market, Investment
KAR Auction Services Inc. said Monday it expects to raise about $340.9 million in an initial public offering. The used vehicle auction company said in a regulatory filing that it will sell 23 million shares of common stock at a price between $15 and $17...
Tags: KAR Auction Services Inc., public offering, Minneapolis, Goldman Sachs, Investment banks, Primary dealers, Merrill Lynch, Business Finance, Corporate finance, Stock market, Initial public offering, Credit Suisse
CSG Systems, Resource Capital, U.S. Shares of the following companies are having unusual moves in U.S. trading this morning. Aflac Inc. (AFL US) rose 3.3 percent to $45.10 after jumping as much as 4.5 percent, the most intraday since Oct. 29.
Tags: U.S. Bancorp, U.S. Steel Corp., CSG Systems International Inc., Resource Capital Corp., intraday price, Walnut Creek, Goldman Sachs, Rockefeller Center, Investment banks, YES Network, S&P 500, Business Finance, Nucor
U.S. banks have already recognized two-thirds of an estimated $2.1 trillion to $2.6 trillion in credit losses, but prime mortgage and commercial real estate would contribute more to the remaining losses, Goldman Sachs said. The brokerage raised its prime...
Tags: Goldman Sachs, U.S. Treasury, India, Bangalore, Rockefeller Center, Investment banks, Bank of America, YES Network, Primary dealers, Business Finance, JPMorgan Chase
From my view, I'm a capitalist...To be fair, Mack's first comment regarded compensation, while the second was in response to Wall Street's risk-taking. In essence, he's saying, "Tell us how much risk we can take, but then leave it to us figure out how...
Tags: Mr. Mack, pay czar, New York City, Goldman Sachs, American International Group, New York Stock Exchange, Business Finance, Financial market