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Investors ask Goldman to be less greedy
Agencies Posted: Saturday, Nov 21, 2009 at 0005 hrs IST Updated: Saturday, Nov 21, 2009 at 0005 hrs IST : Some of Goldman Sachs Group Inc's largest shareholders have asked the company to cut the size of its bonus pool and pass along more of its profits to investors, the Wall Street Journal reported, citing people familiar with the situation.
More on AIG, Goldman and the Monolines
Thomas Adams, a lawyer and former bond insurer executive, wrote a guest post for naked capitalism on the question of why AIG was bailed out and the monoline bond insurers were not .
Survey: IT spending to recover in 2010
Goldman Sachs' latest IT spending survey is out and it looks a tech-spending recovery is on the way for 2010.
Forbes names Satyam's Raju world's 4th most outrageous CEO
NEW YORK: It's one Forbes list where none would want to figure, but Ramalinga Raju, the founder-chairman Satyam Computers , has managed the feat of being among the world's 10 most outrageous CEOs.
How Goldman Sachs Runs Your Life
If you started to scroll past this entry when you saw the words "Goldman Sachs," we wouldn't blame you -- it's hard to trace terms like investment banking, securities, and investment management to their real-world effects, or to understand how they impact us directly.
Goldman Sachs Is Said to Hire Back Kasper Christoffersen After Two Years
Goldman Sachs Group Inc. , the most profitable securities firm in Wall Street history, hired back Kasper Christoffersen almost two years after he left to join a hedge fund in London.
Federal Reserve tightens conflict of interest rules for regional Fed bank directors
The Federal Reserve on Wednesday tightened the conflict of interest restrictions governing the boards of directors of its 12 regional banks.
Robert Scheer: Still Doing God's Work on Wall Street
Jail, anyone? Perhaps that's too harsh, and at any rate premature, but is anyone ever going to be held accountable for the behind-the-scenes sweetheart deals that passed tens of billions of taxpayer dollars through the AIG shell game to the very banks that caused the financial meltdown? Or for the many other acts of double-dealing that left one out ...
Woman admits obsession with financier
A federal judge said today he expects to sentence a woman to five years probation and defer a lengthy prison term, giving her last one last chance after she admitted threatening to kill a well-known local financier as part of a Fatal Attraction-like obsession spanning more than 15 years .
Diane Dimond: Terrorists on Trial - Do We Give Them What They Want?
Terrorists on Trial - Do We Give Them What They Want? So, the so-called 9-11 Gang of Five will go on trial in a federal court as opposed to before a military commission.
Goldman's PR efforts undermined by promotions
Jay Richardson isn't among those railing against Goldman Sachs Group Inc. these days, but he is perplexed by the investment firm's latest effort to rehabilitate its image.
Shareholders demand Goldman bonuses
Protesters at the Washington office of Goldman Sachs this week demand that the bank's bonuses and compensation go to help prevent foreclosures.
Paul B. Farrell: 15 signs Wall Street pathology is spreading
In "The Battle for the Soul of Capitalism" Jack Bogle no longer sees Adam Smith's "invisible hand" driving "capitalism in a healthy, positive direction." Today, his "Happy Conspiracy" of Wall Street plus co-conspirators in Washington and Corporate America are spreading a contagious "pathological mutation of capitalism" driven by the new "invisible ...
Goldman seeks more CanWest control
Close You asked. We're building it. Andrew Willis Published on Monday, Nov. 23, 2009 12:00AM EST Last updated on Monday, Nov.
New York City's Hometown Newspaper - ...
The dirtiest word on Wall Street ... and what image consultants are doing about it
"Bonus" has become a dirty word on Wall Street , prompting image consultants to advise the biggest financial firms to use euphemisms that carry less stigma as the season of lavish payouts approaches.
Watchdog: Geithner Tried to Negotiate With AIG Counterparties
One of the most frequent complaints leveled against Timothy Geithner is that he let Goldman get away with murder when he allowed AIG to pay off its CDS counterparties at 100 cents on the dollar.
Goldman Sachs Group Inc. The (GS) Vice Chairman Michael S. Sherwood sells 18,125 Shares
Vice Chairman of Goldman Sachs Group Inc. The Michael S. Sherwood sells 18,125 shares of GS on 11/17/2009 at an average price of $177.16 a share.
India may get $1 bn IT outsourcing contracts
The newspaper said JPMorgan , Goldman Sachs and Morgan Stanley that received approval to buy back government stake worth $68 billion earlier this year are among the firms seeking operational efficiencies by outsourcing non-core IT and back-office projects to India Monday, November 23, 2009 MUMBAI, INDIA: Leading Indian outsourcers such as Tata ...
NY Times to Goldman Sachs: Pay up to...
A New York Times editorial slammed Goldman Sachs for its role in the financial crisis and said that instead of paying big bonuses to its employees it should make a multibillion-dollar gift to help reduce the U.S. national debt.
Goldman to Pick Up Small Businesses by Their Shoelaces
Editor's Note: Breaking news from our satire department. Goldman Sachs is dominating the headlines today with its 10,000 Small Businesses Initiative.
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