I was totally shock to see Bo Dietl here talking about the meeting in Copenhagen in Dec as the dipshit Imus deflects his train of thought..Sounds like BO watched Fall Of the Republic last week . nwo new world order copenhagen treating global warming scam 9/11 inside job world government imus bo dietl msnbcpolice msnbc cluless idiots useful idiot ron paul Max Keiser Gerald Celente Jim Rogers peter schiff wall st street Federal Reserve alex jones dollar goldman sachs obama Tim Geithner glenn b
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Daylife/Getty Images used by permissionOne of Warren Buffett’s favourite sayings about the market is: “be greedy when others are fearful and fearful when others are greedy”.When the market was fearful last September, Mr Buffett was greedy, putting $5 billion into the investment bank Goldman Sachs on exceptionally favourable terms…He has always enjoyed himself in a falling market, which, as he sees it, provides him with the best opportunities.As if to prove his fabled status as the most successfu
Goldman Sachs bonus pool estimated at $725,000 per employee This week, business reporters told us that Goldman Sachs 2009 third quarter profits swelled, compared with 2008, to an estimated $3.19 billion. The bonus pool stands at $16.7 billion, and, by the end of the year, it could hit $23 billion, according to reports. However, Goldman reported first quarter profits (net earnings) of $1.81 billion; second quarter, $3.44 billion. Thus end-of-year net earnings should be about $11 billion.
Bloomberg October 15, 2009 Disclosure forms, reveal that Treasury Secretary Timothy Geithner’s closest aides received millions of dollars from Goldman Sachs Group Inc., Citigroup Inc. and other Wall Street firms. The individuals include Gene Sperling, who last year took in $887,727 from Goldman Sachs and $158,000 for speeches mostly to financial companies, including the firm run by accused Ponzi scheme mastermind R. Allen Stanford. Another top aide, Lee Sachs, reported more than $3 millio
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A day after the Dow Jones industrial average punched through 10,000 for the first time in a year, stocks assured doubters that they could stay above the threshold.Shares pushed higher in the final minutes of trading after moving listlessly for much of the day after Citigroup and Goldman Sachs reported their quarterly results, The New York Time’s Jack Healy reported.The Dow rose 47.08 points, or 0.47 percent, to 10,062.94, and the broader Standard Poor’s 500-stock index swung 4.54 points or 0.4
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Oct. 14 (Bloomberg) — Some of Treasury Secretary Timothy Geithner’s closest aides, none of whom faced Senate confirmation, earned millions of dollars a year working for Goldman Sachs Group Inc., Citigroup Inc. and other Wall Street firms, according to financial disclosure forms. The advisers include Gene Sperling, who last year took in $887,727 from Goldman Sachs [...]
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Investment banking behemoth Goldman Sachs Group, Inc. ( GS ) said Thursday that its third quarter profit easily topped analyst expectations. The New York-based company reported third quarter net income of $3.03 billion, or $5.25 per share, up from $845 million, or $1.81 per share, in the same period last year. Revenue rose to $12.37 billion in the latest quarter. On average, Wall Street analysts expected a much lower profit of $4.24 per share, on smaller revenue of $11.1 billi
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Goldman Sachs has a PR problem. I want to direct you to a few of the more interesting articles discussing these. Let’s start John Gapper writing in the FT — that’s where I pulled the headline for this post — who observes: “For believers in Goldman’s ethical standards and way of doing business, these are difficult times. Although it avoided the mistakes that brought down Bear Stearns and Lehman Brothers, forced Merrill Lynch into Bank of America’s arms, and prodded Morgan Stanley further in
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Its time for the quarterly hand-wringing amongst the populace regarding the over-sized bonuses at Goldman Sachs. This Q, its a mere $23B. The focus on the bonuses of top performing traders and investment bankers is misplaced. There are many, many things to be upset about regarding the financial sector — but bonuses are not one of them. We live in a capitalist system, where there are going to be winners and losers. Its not fair, but it is how it is. You can complain about it, but it is all b
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After a judge approved a $586 million settlement that would give the lawyers $170.1 million, one of them seemed a little on the defensive. We'd all like to do much better, but it's a little unfair to suggest that it's a defeat, an attorney for some of the plaintiffs said. The lawsuit was filed more than eight years ago against a dozen Wall Street banks, including Goldman Sachs, Credit Suisse, Bank of America, J.P. Morgan Chase, Morgan Stanley and Citigroup over claims the banks wrongly i
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