Goldman Sachs

Kate Kelly and Jon Hilsenrath have a story on the front of the Wall Street Journal today demonstrating the real problems with the revolving door between Wall Street and the regulators.  The essence of the story is this:  new York Fed…

This comes from Rueters Goldman Sachs Group Inc said several partners must cover margin calls triggered by the depressed value of Goldman stock and many of the firm's hedge funds, but the bank denied it is lending money to its executives.…

Goldman has done exceptionally well compard to other investment banks through this credit crisis. However, many were predicting a stunning turn of fortune for the latest reporting period. And stunning it was as Goldman lost a mammoth $2.1…

Yves Smith has a good post over at Naked Capitalism that brings attention to the fact that banks are hiding potential losses in Level Three assets. Ultimately, these losses are going to have to be recorded and that means more credit…

Bloomberg's Lisa Kassenaar and Christine Harper have written a good, long article about Goldman Sachs, how it dealt with crisis, and what led the venerated firm to the brink of collapse despite being the best run firm on Wall Street.…

By now, you have probably heard that Warren Buffett has made his bet and invested billions of dollars in Goldman Sachs. The market reacted positively and Goldman is now trading at near $133 a share (up 6% on the day). While I do see…

The Federal Reserve is pulling out all the stops to stop the spread of the financial meltdown contagion that claimed Lehman Brothers, Merrill Lynch and AIG. The latest move is to allow both Goldman Sachs and Morgan Stanley to become bank…

Merrill Lynch analyst Guy Moszkowski says that Goldman Sachs is looking to buy a deposit-taking bank to avoid the liquidity problems that were Bear's downfall and may now hit Merrill Lynch itself. Goldman’s chief financial officer, David…

Interesting post on Goldmans in the Guardian today. In the aftermath of another stellar quarter from the investment bank, the Guardian is asking "how does Goldman Sachs do it?" Their conclusion is that its a mix of good risk management…