Stacey Vanek Smith
Aug 1, 2013 The SEC has scored its first court victory related to the financial crisis. A federal jury found former Goldman Sachs trader Fabrice Tourre liable for defrauding investors in a subprime-mortgage securities deal just before the housing market collapsed.
Jul 23, 2013 The Senate Banking Committee is holding a hearing today on bank investments in things like warehouses and oil refineries, and commodities such as metals and oil.
Jul 18, 2013 Intel and eBay are forecasting choppy waters for the second half of the year. Google and Microsoft will release their latest business reports later today.
Jul 18, 2013 As the advertising industry embraces the Internet, it still depends on an older technology to deliver results.
Jul 18, 2013 Bank of America is the latest major U.S. bank to report strong profit growth. But does the mean the economy is healing?
Aug 1, 2013 A former Goldman Sachs trader known as "Fabulous Fab" has been found liable in a mortgage securities fraud case. During the case, a judge asked to ban jargon. But because bankers aren't able to resist -- and for your own knowledge -- here's a primer to help.
Jul 16, 2013 Goldman Sachs reported its latest business results on Tuesday. Profits -- as measured by net income -- hit $1.9 billion in the second quarter, twice the performance of the quarter before.
Jul 16, 2013 The earnings reports will certainly express some things about the state of the tech world, but also perhaps, the condition of the larger economy.
Stacey Vanek Smith
Jul 15, 2013 Fabrice Tourre, who dubbed himself “Fabulous Fab” back when he was a Goldman Sachs trader, went on trial Monday for alleged fraud during the financial crisis.
Jul 15, 2013 JPMorgan Chase and Wells Fargo reported higher profits, after a quarter in which interest rates rose sharply.