Goldman Sachs

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Fabrice Tourre found liable in mortgage fraud case

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.
Posted In: Fabrice Tourre, Goldman Sachs

Congress probes bank commodities, warehouse investments

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.
Posted In: banking, Congress, regulation, Goldman Sachs

Bank of America profits and America's banks

Jul 17, 2013
Bank of America is the latest major U.S. bank to report strong profit growth. But does the mean the economy is healing?
Posted In: Banks, Goldman Sachs, JPMorgan Chase, Wall Street

Fabrice Tourre's trial: The fabulous translation

Jul 16, 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.
Posted In: Fabrice Tourre, Goldman Sachs, Lloyd Blankfein

Why it's a good time to be Goldman Sachs

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.
Posted In: Goldman Sachs, Earnings, banking

Fabrice Tourre is fabulous, but why is he so lonely?

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.
Posted In: financial crisis, Goldman Sachs, investment banks, Lloyd Blankfein

Japan takes energy race overseas, promotes solar at home

May 20, 2013
Things have been electric on the Japanese stock market recently. But the country is in need of energy and is hunting for it in innovative ways.
Posted In: Japan, Goldman Sachs, energy

Bloomberg reporters had ability to spy on its customers

May 10, 2013
Goldman Sachs employees have raised concerns that Bloomberg News journalists could snoop on them through Bloomberg terminals.
Posted In: bloomberg, Goldman Sachs

What bank profits say, or don't, about the economy

Jan 16, 2013
JPMorgan Chase and Goldman Sachs reported strong profit growth for 2012. But does their success reflect a stronger economy?
Posted In: JPMorgan, Jamie Dimon, Goldman Sachs, Banks

JPMorgan, Goldman Sachs see earnings soar

Jan 16, 2013
Many of Wall Street's biggest banks are beating profit expectations as the mortgage business comes back.
Posted In: Earnings, Banks, Goldman Sachs, JP Morgan

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