Browsing Tag

Goldman Sachs

May the Lloyd be with you

That’s how my friend Jeff described the most recent flap over a banker allegedly using religion to defend the industry. If you haven’t caught it, Goldman Sachs CEO Lloyd Blankfein was quoted in the Sunday London Times as saying “we have a…

Let Goldman fail next time

John Gapper had a good piece in the FT yesterday called “Goldman should be allowed to fail.” His conclusion is that Goldman is allowed to game the system. It is a broker-dealer masquerading as a bank. It takes on much more risk than a…

Forget about Goldman

Don't let government misdirect anger to Wall Street so that government gets a free ride. Government is responsible for the lack of criminal prosecutions, the coziness with big business and the dominance of special interests. We need to…

Goldman crushes earnings estimates

This comes via Bloomberg: Goldman Sachs Group Inc.’s second- quarter profit exceeded analysts’ estimates as record trading and stock underwriting led the company to its highest quarterly profit. Net income in the three months ended…

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