In the High Court in London on Tuesday, a former lawyer for the Libyan Investment Authority testified that the country’s sovereign-wealth fund was “astonished to learn” it hadn’t bought any actual shares through nine equity derivatives trades arranged by Goldman Sachs in 2008 that expired, worthless, three years…
CNBC has obtained a document (from 2008) listing all of the phrases a Goldman Sachs employee could use in an email that would trigger a review by the firm’s compliance department. The list includes phrases like “How could this happen again?” and “How could you|GS|Goldman possibly[?] lose so|this|that much.”
On Monday, a lawyer for the Libyan Investment Authority told a British judge that employees of Goldman Sachs, attempting to win the $60 billion oil fund’s business, lavished executives with prostitutes and vacations at five-star hotels. The relationship fell apart in 2008, after Goldman lost the LIA $1.2 billion.
On Thursday, Bernie Sanders’ wife promised to make make more years of the couple’s tax returns public on the condition that Hillary Clinton release transcripts of speeches she made to Wall Street banks.
You can now open an online savings account with Goldman Sachs for only $1. Goldman Sachs is for fucking poor people now. Disgusting.
Vladimir Putin has insinuated that Goldman Sachs is behind the leak of the Panama Papers. This seems unlikely.
On Monday next week, ostensible populist Ted Cruz, who attended Harvard Law School and is married to a Goldman Sachs executive, will solicit money from a variety of Wall-Streeters at a fundraiser at the Harvard Club in midtown Manhattan. General admission is $1,000.
Yesterday, state and federal officials announced a $5.1 billion settlement with Goldman Sachs, resolving accusations that the bank behaved irresponsibly in the lead-up to the 2008 financial crisis. But, the New York Times reports, the deal’s fine print reveals that number may ultimately be much lower.
On Monday, a state and federal working group led by New York Attorney General Eric Schneiderman announced a $5 billion settlement with Goldman Sachs in connection with practices that contributed to the financial crisis. Of the $5 billion, $670 million will be allocated to New York state.
“At Goldman Sachs, ‘Managing Millennials’ has been one of the most popular training sessions for years.”
If you read the New York Times this weekend, you may have seen their Business section’s big, splashy profile of R. Martin Chavez, the chief information officer of Goldman Sachs. The headline: “A Gay, Latino Partner Tests Goldman’s Button-Down Culture.” I object.
On MSNBC this morning, feminist ally and New York City mayor Bill de Blasio said that he doesn’t think Hillary Clinton needs to release the transcripts of her speeches to Goldman Sachs. “I don’t care about those speeches. I care about what’s in her platform,” he said.
Luke Thorburn, the Goldman Sachs employee identified in a New York Times story last week as the only person at the company to contribute to Donald Trump’s presidential campaign, has been placed on administrative leave.
At the Brookings Institution on Tuesday, Neel Kashkari, a senior Treasury Department official in the Bush and Obama administrations, said that he believes “the biggest banks are still too big to fail and continue to pose a significant, ongoing risk to our economy.”
Goldman Sachs is a Very Sophisticated Wall Street Firm which is paid a good deal of money for its expertise in reading the financial markets. How is that going this year?
In tonight’s concession speech, Hillary Clinton made grand declarations of her desire to get all the dirty money and secret Wall Street influence the hell out of politics. Which is to say, Hillary Clinton really wants Hillary Clinton out of politics.
Since the beginning of her campaign last year, Hillary Clinton has steadfastly refused to disclose what exactly she said during the speeches she gave at several large banks, including three at Goldman Sachs, after her tenure as Secretary of State. Attendees of two of those Goldman speeches, both of which took place in…
Hillary Clinton can’t seem to get out from under a scandal involving a series of speeches she gave to Goldman Sachs employees, and she’s turned to sarcasm as a last resort.
Yesterday, Goldman Sachs CEO Lloyd Blankfein revealed how deeply afraid he is of our current scary “moment in history” in which Bernie Sanders’ proposals are being taken seriously. Perhaps Lloyd Blankfein lacks some historical perspective.
Thankfully, when Anderson Cooper asked Hillary Clinton about her Wall Street ties at tonight’s Democratic town hall, she didn’t try to invoke 9/11 this time. She did, however, mar what would have otherwise been a notably personable performance with one of her worst Goldman Sachs justifications yet.
