As discussed throughout this site, the auction rate securities fiasco has been a clear cut example of investment banks screwing their wealthy clients. Only when they realized that they were going...
If the market is open, the financials are down 10%. This will continue until we have another Bear Stearns-like failure. Bernanke has told us as much. Don't try to bottom-fish. These are failed...
It is now clear that Goldman won huge with the mortgage meltdown. Read today's WSJ article and judge for yourself - are they smarter or luckier (or more manipulative)?
Here's an interesting one.
When Goldman Sachs Group Inc. employees cash their year-end checks, they'll have enough money to buy Bear Stearns Cos.
Goldman, the biggest and most profitable...
With the big investment banks done reporting this week, one thing has become clear, Goldman Sachs is in a class by itself. Unlike the other banks, Goldman anticipated the credit crunch and put...
Recent market volatility has made it a great time to think about selling covered call options on Goldman Sachs. Premiums are high and the stock probably isn't going to do anything for awhile. If...
Interesting perspective on the war cost from Robert Hormats, the Vice Chairman of investment bank Goldman Sachs. I also think Charlie Rose is a great interviewer.
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