Lloyd Blankfein changed Goldman Sachs. Will David Solomon keep it up?

Jul 17, 2018
Goldman Sachs reported quarterly profits today, beating analyst expectations. As is often the case on Wall Street, the ups were no match for the downs — like heavy legal expenses and weak trading results. But the big news for the bank was that a successor has been named to replace storied Goldman CEO, Lloyd Blankfein, who […]

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.
Fabrice Tourre (L), executive director of the structured products group trading for The Goldman Sachs Group, is sworn in while testifying before the Senate Homeland Security and Governmental Affairs Investigations Subcommittee on Capitol Hill on April 27, 2010 in Washington, D.C.
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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.
Fabrice Tourre, a former Goldman Sachs mortgage trader, arrives at Federal Court for a lawsuit being brought against him by the Security and Exchange Commission (SEC), on July 15, 2013 in New York City. The SEC alleges Tourre misled investors by betting against the housing market, in the midst of the 2008 recession.
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A Long Island house, sans beach, for Goldman's Blankfein

Dec 7, 2012
Lloyd Blankfein has reportedly bought a home in Bridgehampton for $32.5 million. But don't expect a beach party.

Goldman CEO Blankfein warns 'fiscal cliff' threatens confidence in U.S. economy

Oct 2, 2012
Lloyd Blankfein, chairman and CEO of Goldman Sachs, says the U.S. risks a ratings downgrade and a hit to its reputation as a global business leader as legislators battle over the upcoming 'fiscal cliff.'

Digging deeper into the lives of CEOs

Feb 10, 2012
From Lloyd Blankfein's support of gay marriage to Steve Jobs' high school GPA, why do we know more about the lives of CEOs than ever before?

Wall Street CEO takes rare lead on social issue

Feb 6, 2012
Goldman Sachs CEO Lloyd Blankfein, who faced PR battles during the financial crisis, emerges as a national spokesman for gay marriage.

For public good, not for profit.