Irish Times
Profits at Goldman Sachs arm fall 15%
PRETAX PROFITS at Dublin-based Goldman Sachs Bank (Europe) plc fell by 15 per cent to $49.1 million (€39.2 million) last year .
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MarketWatch
Shawn Langlois's London Sketch: Goldman’s O’Neill talks football ... also, Greece
Chairman of Goldman Sachs Asset Management rues Manchester City before launching into his take on Greece, the U.S. housing market and regulation.
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Barrons
Goldman Pharma View: Buy AGN, Sell FRX, MRX A Takeover Target
A recent selloff in specialty pharmaceuticals has creating a buying opportunity, according to Goldman Sachs analyst Gregory Waterman, but he thinks investors should be discriminating. Allergan (AGN) is his top pick, a best-in-breed name that’s at a nice entry point. “Mid-teens EPS growth remains scarce in healthcare and AGN is structurally well positioned given: (1) [...]
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Fortune
Apple tops Goldman Sachs' VIP list of hedge fund stocks
The company managed, however, to stay off Goldman's list of the funds' favorite shorts
FORTUNE -- Goldman Sachs (GS) on Thursday issued its Q1 2012 Hedge Fund Trend Monitor report, which lists both the 50 stocks most important to hedge funds as well the 50 "Very Important Short Positions For Hedge Funds."
Apple (AAPL) doesn't appear on the second list, but it tops the first:
Stock: Number of f...
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FAZ
Facebooks Banken sollen den Kurssturz beschleunigt haben
Die Geschehnisse um Facebooks Börsengang werden immer seltsamer: Die Bank Morgan Stanley will offenbar Aktionäre entschädigen - gleichzeitig taucht ein Gerücht auf, die Banken Goldman Sachs und JP Morgan hätten Spekulationen gegen den Aktienkurs erleichtert.
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FAZ
Facebooks Banken sollen Kurssturz beschleunigt haben
Die Geschehnisse um Facebooks Börsengang werden immer seltsamer: Die Bank Morgan Stanley will offenbar Aktionäre entschädigen - gleichzeitig taucht ein Gerücht auf, die Banken Goldman Sachs und JP Morgan hätten Spekulationen gegen den Aktienkurs erleichtert.
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WSJ
Goldman Sachs to Set Up Japan REIT
Goldman Sachs Group plans to launch a private real-estate investment trust in Japan this summer amid signs of an improvement in the Tokyo property market.
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FT
Economists cut India growth forecasts
Goldman Sachs and Bank of America Merrill Lynch have became the latest global banks to have downgraded India’s economic growth outlook
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physorg
Goldman to plow $40 bn into green energy
Wall Street giant Goldman Sachs plans to invest $40 billion into projects linked to renewable energy over the next decade, a company spokesman said Thursday.
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Times of India
Rajat Gupta's trial: Prosecutors play FBI wiretaps
Prosecutors played a series of FBI wiretapped phone conversations in a bid to show that Goldman Sachs' former Indian-American director Rajat Gupta shared confidential information with convicted hedge-fund billionaire Raj Rajaratnam.
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Nikkei
Property Developers Rise On Goldman Sachs Investment Plans |
AP
Goldman's Blankfein gets a break
JERSEY CITY, N.J. (AP) -- For once, the spotlight wasn't on Goldman Sachs....
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Hindustan Times
Gupta trial jury told of Buffett deal
The deal that gave Goldman Sachs Group Inc a $5-billion boost from renowned investor Warren Buffet at the height of the 2008 financial crisis was "as top secret as you could get," a leading banker testified on Wednesday at the insider-trading trial of onetime Goldman board member Rajat Gupta.
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China Daily
China plans to create its own Goldman Sachs
China is to nurture future global investment banks that officials hope could eventually compete with the likes of Goldman Sachs and Morgan Stanley.
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National Post
Warren Buffett's secret deal revealed by Goldman Sachs banker
The investment by Warren Buffett in Goldman Sachs Group Inc. in September 2008 was so confidential that even his chief financial officer was unaware of it
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siliconindia
Goldman Sachs Finalizes India's Biggest Office Space Deal
Goldman Sachs, the U.S banking group has decided to snap up 1.6 million square feet of office space on lease in Bangalore. This deal is recorded to be the biggest commercial property deal so far in India and whats more?
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Times of India
Goldman Sachs seals India's biggest office space deal
US banking group Goldman Sachs has agreed to take on lease 1.6 million sq ft of office space - an area the size of nine football fields - in Bangalore, in what is the biggest recorded commercial property deal to date in India.
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ElPais
La buena resistencia del Sabadell, según Goldman Sachs
Un informe dice que el saneamiento del ladrillo exigido mejorar la previsión de resultados del banco catalán, propietario de CAM
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Reuters
Goldman sets $40 billion clean energy investment plan
(Reuters) - Goldman Sachs Group Inc plans to channel investments totaling $40 billion over the next decade into renewable energy projects, an area the investment bank called one of the biggest profit opportunities since its economists got excited about emerging markets in 2001.
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The Guardian
Facebook founder Mark Zuckerberg sees stock tumble amid IPO lawsuits
Now they call it Fadebook – shareholders call in lawyers as stock price tumbles and regulators are not far behindFacebook's founder, Mark Zuckerberg, has gone from hero to zero as the stockmarket flotation of the decade flounders amid lawsuits and accusations of greed, hype and deception.The law firm that won a $7bn settlement for Enron's shareholders is pursuing Zuckerberg, his board and the l...
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Reuters
Gupta trial jury told of "top secret" Buffett deal
NEW YORK (Reuters) - The deal that gave Goldman Sachs Group Inc a $5-billion boost from renowned investor Warren Buffet at the height of the 2008 financial crisis was "as top secret as you could get," a leading banker testified on Wednesday at the insider-trading trial of onetime Goldman board member Rajat Gupta.
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FTD
Goldman Sachs: Im Namen des Herrn
Auf der Hauptversammlung der US-Investmentbank Goldman Sachs droht Vorstandschef Lloyd Blankfein heftiger Gegenwind von den Aktionären. Unter den Anteilseignern sind einige skurrile Vertreter - und auch Nonnen.
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Reuters
Gupta trial jury told about "top secret" Buffett deal
NEW YORK (Reuters) - The deal that gave Goldman Sachs Group Inc a $5 billion boost from renowned investor Warren Buffet at the height of the 2008 financial crisis was "as top secret as you could get," a leading banker testified at the insider-trading trial of onetime Goldman board member Rajat Gupta.
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AllThingsDigital
Investors File Suit Against Facebook, Underwriters
Three Facebook Inc. investors filed a civil lawsuit Wednesday in Manhattan federal court, alleging the company and its underwriters failed to properly disclose changes to analysts' forecasts made at the underwriting banks.
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Reuters
China plans brokerage reforms to create its own Goldman Sachs
* Reforms to spur moves into derivatives, wealth management
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Huffington Post
Richard (RJ) Eskow: 10 Reasons To be Suspicious About That Wall Street/Facebook Fiasco
Three of Wall Street biggest and best-known financial institutions handled the Facebook IPO, so why were people immediately suspicious when the stock soared and then...
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WSJ
Rajaratnam Leapt on Alleged Tip, Ex-Aide Says
Hedge-fund manager Raj Rajaratnam sprang into action moments after he got an urgent call in the late afternoon on Sept. 23, 2008, buying shares in Goldman Sachs just before a major announcement, his former assistant told a federal jury..
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WSJ
Las bolsas de EE.UU. ceden avances y cierran con pocos cambios
De todos modos las acciones de los grandes bancos avanzaron, encabezadas por J.P. Morgan Chase, que subió 4,6%. Morgan Stanley, Citigroup, Bank of America, y Goldman Sachs también se negociaron al alza.
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Acro
Currently, Marc Zuckerberg feels like a Greek
The Facebook IPO, its woes and consequent downgrading by the underwriters, reminded me of exactly how the financial markets have treated Greece. When the financial crisis broke out at the end of 2009, those at Goldman Sachs quickly turned around and speculated against the very country they helped ascend the Eurozone in 2000. The bank [...]
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Telegraph
Goldman Sachs executive Rajat Gupta accused of 'throwing away responsibilities'
A former Goldman Sachs executive has been accused of breaking the law and throwing "away his responsibilities" to the bank at the launch of a long-awaited insider trading case in the US.
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lesoir
Début du procès pour délit d’initié de l’ex-administrateur de Goldman Sachs
Le procès de l’ancien administrateur de Goldman Sachs Rajat Gupta, grand nom des affaires aux Etats-Unis, a démarré lundi devant un tribunal fédéral de New York par la s...lire la suite
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lesoir
00:07 La police à la recherche d’une fillette de 5 ans portée disparue à Gerpinnes
Une petite fille de 5 ans est recherchée par la police depuis lundi après-midi à Gerpinnes. Sa disparition a été constatée lorsque sa mère est venue la recherch...lire la suitehistoires liées23:05 Début du procès pour délit d’initié de l’ex-administrateur de Goldman Sachs23:24 Obama appelle les pays européens à « une coordination plus efficace »00:06 Plus de trois tonnes de cannabis retrouvées ...
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La Voix du Nord
Espagne: jusqu´à 260 milliards d´euros de pertes pour les banques
Les pertes des banques espagnoles pourraient atteindre 260 milliards d'euros et le secteur pourrait avoir besoin d'une aide allant jusqu'à 60 milliards d'euros, a affirmé lundi l'Institut de la finance internationale (IIF).histoires liéesLes Bourses européennes profitent d´une accalmie sur le front de la detteJPMorgan Chase suspend ses rachats d´actions après le dérapage de LondresLe chinois Fo...
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Barrons
Greek Woes Could Hurt 5 Big U.S. Bank Stocks
JMP Securites have downgraded JPMorgan, Citigroup, B of A, Morgan Stanley, and Goldman Sachs.
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TechCrunch
With Its Hotspot Shield Hitting 60M Downloads, AnchorFree Lands A Whopping $52M From Goldman Sachs
This morning AnchorFree, the makers of the popular virtual private network Hotspot Shield, is announcing that it has raised $52 million in series C financing from Goldman Sachs. All in all, this brings the Mountain View-based startup to over $63 million, following the $11 million the company raised in series A and B rounds, dating back to 2006.
As part of its whopping series C round, Goldman i...
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NEWS.au.com
Trial of ex-Goldman Sachs director starts
THE insider trading trial of a former board member of Goldman Sachs and Procter & Gamble is set to begin.
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FT
Lack of wire taps a hurdle in Gupta trial
The government hopes to use calls between others to make its case in the insider trading trial of the former Goldman Sachs board member
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Fortune
Ex-Goldman director Rajat Gupta set for insider trading trial
Rajat Gupta was once a board member at Goldman Sachs and managing director of consulting giant McKinsey & Co. Now, he's the biggest target yet in the government's sprawling insider trading crackdown.
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Mashable
6 Reasons Why the Facebook IPO Fell Flat
Well, that was anticlimactic.
After all the hullabaloo about Facebook’s IPO, this is how it ends, with a mere $0.23 jump in share price?…
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Reuters
German clothes exporter looking for buyer -sources
FRANKFURT, May 18 (Reuters) - The family owners of
Schustermann & Borenstein have mandated Goldman Sachs to
sell the German clothing exporter, two people close to the
transaction said on Friday, a...
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manager magazin
Prüfauftrag: Goldman soll Bankia-Bücher durchleuchten
Mit Hilfe namhafter US-Banken will Spaniens Regierung die heimischen Banken durchleuchten und das Vertrauen der Märkte zurückgewinnen. So soll Goldman Sachs prüfen, wie viel Geld die teilverstaatlichte Bankia tatsächlich braucht.
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Hoy
El Gobierno ficha a Goldman para evaluar Bankia
El ministro de Economía, Luis de Guindos, ha fichado a Goldman Sachs para que evalúe la situación de Bankia. El banco norteamericano valorará la entidad y determinará cuánto necesita para salir de la situación que la ha llevado a ser nacionalizada.
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NZZ
Goldman Sachs soll spanische Bankia durchleuchten
Spanisches Wirtschaftsministerium will alle heimischen Banken durchleuchten
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New York Times
DealBook: Judge May Permit Wiretaps As Evidence in Insider Case
Without the four wiretapped conversations, prosecutors would have to rely only on circumstantial evidence to prove their case that Rajat K. Gupta, a former Goldman Sachs director, participated in insider trading.
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Handelsblatt
Wechsel: Deutsche Bank stellt neue Händler ein
Die Deutsche Bank holt neue Händler für die USA, darunter sind Joseph Spinelli von Goldman Sachs und Brad Kurtzman von Citigroup. Die größte deutsche Bank setzt verstärkt auf Wachstum in Nordamerika.
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THE GLOBE AND MAIL
Goldman Sachs' (almost) perfect quarter
Investment firm posts just one day of trading losses
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Reuters
Gupta seeks calls thrown out of U.S. insider trial
NEW YORK (Reuters) - Former Goldman Sachs board member Rajat Gupta, the most prominent corporate figure indicted in a U.S. crackdown on insider trading, has asked a judge to throw out more than two dozen phone conversations that the government has sought to present as evidence at his trial.
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CNN
Buffett says $8B deals were 'peanuts'
Warren Buffett said his deals to pump $8bn into Goldman Sachs and General Electric during the financial crisis were "peanuts" compared to the big acquisitions his eventual successor at Berkshire Hathaway would be expected to make.
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sueddeutsche
Investmentbank: Goldman verliert homophoben Kunden
Bürgerliches Engagement kommt gut an bei den Kunden: Gerade die verhassten Banken wollen ihr Image so polieren. Doch der Chef von Goldman Sachs setzt sich für gleichgeschlechtliche Ehen ein. Mindestens ein reicher Kunde hat der Bank deswegen den Rücken gekehrt.
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Le Figaro
Goldman Sachs veut séduire les réseaux
Surveiller ce qui se dit sur une des banques les plus détestées au monde, voilà la tâche qui attend le futur responsable des réseaux sociaux du géant de Wall Street.
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Le Figaro
Goldman Sachs recrute un «community manager»
Surveiller ce qui se dit sur une des banques les plus détestées au monde, voilà la tâche qui attend le futur responsable des réseaux sociaux du géant de Wall Street.Articles en rapportLe marché automobile ralentit nettement sa chute mais reste basBlédina lance le petit pot au rayon frais
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DerSpiegel
Die aktuelle Stellenanzeige: Shitstorm-Stopper gesucht, Arbeitsplatz Wall Street
Suchen Sie einen harten Job? Dann nehmen Sie diesen: Die amerikanische Groß- und Pannenbank Goldman Sachs sucht einen Social-Media-Strategen. Für Stimmung sorgen, wo Topmanager fliehen und Mitarbeiter damit prahlen, wie sie Kunden abzocken - es ist eine echte Herausforderung.
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Les Echos
GLAM MEDIA. Le portail féminin prépare son introduction en...
GLAM MEDIA. Le portail féminin prépare son introduction en Bourse. Selon Business Insider, Glam Media aurait choisi Goldman Sachs pour mener l'opération. Le groupe américain pourrait être valorisé plus de 1 milliard de...
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WSJ
Formula One Adds Banks for Singapore IPO
Private-equity firm CVC Capital Partners has mandated UBS and Morgan Stanley as lead bankers to join Goldman Sachs Group on the $2.5 billion initial public offering in Singapore of its Formula One Group franchise.
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Los Angeles Times
Goldberg: Obama's tainted bundler
Jon Corzine, the former Goldman Sachs executive, senator and New Jersey governor, seems to embody everything the 99 percenters hate about Wall Street.Jon Corzine left Goldman Sachs with a net worth far exceeding even that of Mitt Romney's today. Many accounts of his tenure at Goldman suggest he "failed up" the corporate ladder.
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WSJ
Chesapeake Valuation for Oil Services
You can say this for Chesapeake Energy's plan to sell its oil-field services business: It hired the best salesman. But even Goldman Sachs could have a hard job selling this one.
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Les Echos
Goldman Sachs dépasse les prévisions des analystes
Les revenus de Goldman sont en baisse, mais la banque a taillé fortement dans ses coûts pour compenser. Ses résultats au premier trimestre 2012 sont meilleurs que prévu.Articles en rapportL'indice Sensex de Bombay a gagné 1,21 % hier, après la...société générale. La banque française a finalisé une...SHAM poursuit sa diversification au-delà de la responsabilité civile médicaleLa banque UBS se di...
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Daily Mail
Average Goldman Sachs worker is paid £85,000 for just three MONTHS work
Their gold-plated pay package could soar to an average total of £340,000 by the end of the year, if the bank’s current performance is repeated for the next nine months.
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FT
Goldman Sachs: then and now
How does today’s Goldman compare with Goldman six years ago and what do the similarities and differences reveal?
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Daily Mail
As millions of Britons struggle to make ends meet average Goldman Sachs worker is paid £85,000 for just three MONTHS work
Their gold-plated pay package could soar to an average total of £340,000 by the end of the year, if the bank’s current performance is repeated for the next nine months.
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ARD
Anlegern ist nach Unbekümmertheit
Der Dax hat seine gestrige Ausgelassenheit beibehalten. Anleger bekamen eine ganze Hand voll Stimmungsaufheller, die da hießen: Goldman Sachs, ZEW, Spanien, IWF und Wall Street.
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WirtschaftsWoche
US-Investmentbank: Goldman mit guten Zahlen und schlechtem Image
Die US-Bank Goldman Sachs hatte einen guten Start ins Jahr, die Geschäfte entwickeln sich prächtig. Aber das Haus wird noch lange unter seinem schlechten Image leiden.
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ARD
Goldman Sachs kommt nur langsam voran
Ähnlich wie die Konkurrenten hat auch die Investmentbank Goldman Sachs im ersten Quartal die Erwartungen deutlich übertroffen. Gewinn und Einnahmen blieben aber unter dem schwachen Vergleichsquartal des Vorjahres zurück.
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BBC
Goldman profits decline to $2.1bn
US banking giant Goldman Sachs profits fell to $2.1bn (£1.3bn) in its latest quarter, but still beat expectations.
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DieZeit
Goldman Sachs: Aufstand der Muppets
Die Puppen tanzen: Ausgerechnet eine Gewerkschaft von Müllmännern und Hausmeistern macht gegen Goldman-Sachs-Chef Lloyd Blankfein mobil. Von Heike Buchter, New York
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Heise
Freispruch nach Code-Klau bei Goldman Sachs
Sergey Aleynikov, der im Jahr 2009 Code von Goldman Sachs entwendet hatte und dafür zu einer achtjährigen Haftstrafe verurteilt wurde, wurde nach einem Jahr Haft von einem Berufungsgericht freigesprochen.
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Daily Mail
Goldman Sachs sets aside £2.7bn in worker rewards
The sum, which amounts to an average of £78,000 for each of its 34,600 employees, will be contained in the investment bank's first-quarter figures.
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Le Point
La rémunération 2011 des dirigeants de Goldman Sachs amputée de 35%
La banque d'affaires américaine Goldman Sachs a annoncé vendredi que la...
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Huffington Post
Richard (RJ) Eskow: The Latest SEC/Goldman Sachs Sweetheart Deal Is The Worst One Yet
The sweetheart deals just keep coming. Lawbreakers at one bank after another are let off the hook as their shareholders write a check. And then...
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Daily Telegraph
Goldman fined $22m for leaky research
GOLDMAN Sachs will pay a $22 million ($A21million) fine to settle charges that it allowed clients to get tip-offs on equity research.
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Slashdot
Court Rules Code Not Physical Property
An anonymous reader writes with this excerpt from Wired: "Former Goldman Sachs programmer Sergey Aleynikov, who downloaded source code for the investment firm's high-speed trading system from the company's computers, was wrongly charged with theft of property because the code did not qualify as a physical object under a federal theft statute, according to a court opinion published Wednesday." A...
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Wired
Code Not Physical Property, Court Rules in Goldman Sachs Espionage Case
Former Goldman Sachs programmer Sergei Aleynikov, who downloaded source code for the investment firm's high-speed trading system from the company's computers, was wrongly charged with theft of property because the code did not qualify as a physical object under a federal theft statute, according to a court opinion published Wednesday.
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FOCUS
Portal für Kleinanzeigen - "Goldman Sex" – US-Bank verkauft Schmuddel-Seite
Goldman Sachs kam zu der Website wie die Jungfrau zum Kind. Jetzt verkauft der Wallstreet-Riese seine 16-Prozent-Beteiligung am Kleinanzeigenportal "backpack.com", das auch Escort-Girls und Stripperinnen anbietet.Mehr zum ThemaArbeitsmarkt in der EU - Eurozone hat so viele Arbeitslose wie noch nieChronologie - Der lange Streit um die SteueroasenLogistikzentrum in die Niederlande verlegt - Micro...
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New York Times
Op-Ed Columnist: Financers and Sex Trafficking
Embarrassed, Goldman Sachs decides to sell its stake in a prostitution Web site.
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New York Times
IHT Rendezvous: What Do You Think the BRICS Can Build?
BRICS - Brazil, Russia, India, China and South Africa. After the group's fourth summit in New Delhi, Rendezvous asks if it is a potentially mighty bloc, or just a Goldman Sachs economist's smart catchphrase.
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New York Times
India Ink: Goldman's Passage to India
Goldman Sachs holds its board meeting in India for the first time.
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amNY
Ex-Goldman Sachs exec Greg Smith could land $1 million book deal
Former Goldman Sachs exec Greg Smith may never work in financel again after slamming GS in a New York Times op-ed last month, but he may find fortune with his memoir of life at the finance giant.
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Reuters
Exclusive: Hawker Beechcraft readies bankruptcy filing: sources
NEW YORK/WASHINGTON D.C. (Reuters) - Hawker Beechcraft Inc, the aircraft manufacturer owned by Goldman Sachs Group Inc's private equity arm and Onex Corp , is preparing to file for bankruptcy...
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China Daily
Goldman Sachs and Wall Street
Goldman Sachs and Wall Street
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perez hilton
Muppets Fight Back Against Goldman Sachs And Discrimination
Muppets vs. Goldman Sachs from Neal McDonough
The Muppets won't sit around and watch their name get thrown around casually!
In Greg Smith's open resignation letter, he calls out his former employer, Goldman Sachs, for naming clients "muppets."
Although it was a small snippet of the letter, the reference has spread through [...]
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Times LIVE
Wall Street's irresistible lure
South African-born and educated, Greg Smith, 33, has attained his 15 minutes of fame. After 12 years as a derivatives specialist at one of the world's most prominent investment houses, Goldman Sachs, Smith quit as head of the firm's US equity derivatives business in Europe, the Middle East and Africa and, instead of a long-practis ed custom of keeping "shtum", he published his resignation lette...
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Barrons
ZNGA: Morgan, Goldman Release Pincus, Others to Sell Shares
Online games purveyor Zynga (ZNGA) this afternoon announced that its underwriters, including Morgan Stanley and Goldman Sachs, have agreed to release officers and directors of the company from lock-up restrictions that were to expire on May 28th, paving the way for those individuals to sell some of their Class A shares in a previously announced [...]
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FTD
Kommentar: Goldman - dem Himmel so nahe
Goldman Sachs und die katholische Kirche vereint auf den ersten Blick wenig. Doch beide halten sich für unfehlbar - dafür zahlen sie früher oder später die Rechnung.
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Liberation
Goldman Sachs traque les «marionnettes» |
THE AUSTRALIAN
Goldman scans for muppet emails
GOLDMAN Sachs has begun scanning internal emails for the term 'muppet' and other derogatory terms used by staff to describe clients.
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politico
Kinsley wrote Bloomberg-Greg Smith op-ed
Michael Kinsley, the former editor of the New Republic and former columnist at the Washington Post, is the author of the recent Bloomberg View editorial that chastised former disgruntled Goldman Sachs employee Greg Smith, he confirmed by phone today.
"I just proposed, and the editor-in-chief David Shipley liked it, so I did it," Kinsley, now an editor at Bloomberg View, told me.
The editorial i...
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THE GLOBE AND MAIL
Wall Street's return to mediocrity
Results from JPMorgan and Goldman Sachs likely to follow suit when reports released next month
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Irish Times
Goldman Sachs to cut more staff
Goldman Sachs Group has begun a new round of staff cuts in its trading and investment banking divisions, three sources familiar with the matter said, a sign of continued cutbacks on Wall Street.
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New York Times
The Choice Blog: Wall Street's Latest Campus Recruiting Crisis
Still reeling from the highly publicized resignation of Greg Smith, a Goldman Sachs executive, the company and others on Wall Street are now facing a recruiting problem.
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AP
Occupy protest anniversary ends with police sweep
NEW YORK (AP) -- Chanting and cheering down Wall Street on Saturday to mark six months since the birth of the Occupy movement, some protesters applauded the Goldman Sachs employee who days ago gave the firm a public drubbing, echoing the movement's indictment of a financial system demonstrators say is fueled by reckless greed....
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science blogs
Friday Fun: Why I am leaving the Empire, by Darth Vader [Confessions of a Science Librarian]
This one is clearly inspired by the recent Why I Am Leaving Goldman Sachs op-ed in the New York Times by Greg Smith.
But this parody is clearly much funnier.
Although, maybe not?
From the Smith article:I hope this can be a wake-up call to the board of directors. Make the client the focal point of your business again. Without clients you will not make money. In fact, you will not exist. Weed ...
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Daily Mail
Greg Smith on Goldman Sachs: How the 'Vampire Squid' sucked the world dry
After that savage denunciation by a Goldman Sachs boss who quit in disgust, author WILLIAM D. COHAN exposes how the bank came to rule the world.
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Handelsblatt
Presseschau: Held oder Aufschneider?
Die öffentliche Abrechnung eines früheren Mitarbeiters von Goldman Sachs polarisiert. Dem Insider wird Prahlerei vorgeworfen, andere stimmen in den Chor der Goldman-Kritiker ein, darunter selbst der Urenkel des Goldman-Gründers. Die Presseschau.
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Washington Post
At Goldman, short-term greed vs. long-term greed
For Goldman Sachs, the real damage of the last two days didn’t come from disgruntled trader Greg Smith’s resignation op-ed. It came from Goldman’s defenders.
Many of the replies said, either explicitly or in effect, of course Goldman rips off its clients if doing so will help it make money. Only the naive would think otherwise. As an editorial in Bloomberg View put it , “It must have b...
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APA-OTS
DER STANDARD-Kommentar: "Der Banker, dein Feind" von Eric Frey
Utl.: "Die harte Kritik an Goldman Sachs zielt auf ein Grundproblem
der Finanzindustrie"; Ausgabe vom 16.03.2012
Wien (OTS) - Noch selten hat der Rücktritt eines Managers so viel
Aufsehen erregt wie Greg Smiths Abschied von Goldman Sachs. Smiths
Knaller war ein Gastkommentar in der New ...
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insideedition
Famous Ways Employees Have Quit Their Jobs
While a Goldman Sachs executive took to The New York Times to announce his resignation from the company, INSIDE EDITION looks at famous ways some employees have left their jobs.
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The Jerusalem Post
Darth Vader quits the Empire
Following public Goldman Sachs resignation by former employee, Darth Vader follows suit.
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Zeit
Goldman Sachs: "Jeder an der Wall Street hat das gelesen"
Die öffentliche Abrechnung eines Ex-Mitarbeiters mit Goldman Sachs wird an der Wall Street heftig diskutiert. Für manche ist der Whistleblower ein Held. Von Nils Rüdel
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Irish Times
Darth strikes back, resigns from Empire
The scathing resignation letter of the Goldman Sachs executive has inspired a rash of online spoofs written on behalf of several imaginary employees led by Darth Vader announcing his resignation from the Empire.
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Pravda
Greg Smith writes scathing indictment of Goldman Sachs
Greg Smith gained an overnight reputation as the Judas of Goldman Sachs by writing a scathing indictment of the investment bank. Talk about creating a buzz: Smith took the extraordinary step of writing a highly unflattering op-ed piece on Wednesday for the New York Times.
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Mail & Guardian
Goldman Sachs rips off clients: report
A resigning director claims banking titan Goldman Sachs has become a 'toxic and destructive' firm focused on milking clients for everything it can.
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BBC
VIDEO: Life after Goldman's for one banker
In the wake of Goldman Sachs Vice-President Greg Smith's resignation, BBC News spoke to one of his former colleagues, Peter Kizenko, who left to set up a Russian spa.
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Irish Times
Environment at Goldman Sachs 'toxic and destructive'
THE ENVIRONMENT at global investment bank Goldman Sachs has been described as “toxic and destructive” in a barbed attack by a departing senior executive.
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ARD
Investmentbanker packt aus: Abzocke bei Goldman Sachs
Es ist ein Schlag für die Investmentbranche: Der Banker Smith schrieb seine Kündigung quasi per Zeitungskommentar. In der "New York Times" beschrieb er Interna seines Arbeitgebers Goldman Sachs: Es gehe nur noch um Kunden-Abzocke. An der Wall Street kann sich Smith nicht mehr sehen lassen.
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BoingBoing
Goldman Sachs Exec Director quits, indicts former employer in stinging NYT editorial
Greg Smith, a 12 year veteran of Goldman Sachs who held the rank of executive director until today, has tendered his resignation and penned a NYT op-ed explaining his disillusionment with the firm. Smith describes a "toxic," "destructive" company that puts its own bottom line ahead of its customers' best interests, the result of a [...]
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BBC
Goldman boss defends its ethics
Goldman Sachs' boss has rejected claims by a former employee that its environment is "toxic and destructive".
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euronews
Goldman Sachs : un cadre supérieur claque la porte et dénonce un climat toxique
Après avoir claqué la porte au bout de 12 années de maison, un cadre supérieur de la banque américaine Goldman Sachs dans une tribune au New York…
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el universal
Goldman Sachs es #34;tóxico y destructivo#34;: ex directivo
Greg Smith, alto directivo de Goldman Sachs, renunció hoy a su puesto y en su último día publicó un artículo en The New York Times en el que asegura "el ambiente (en el banco) ahora es más tóxico y destructivo que nunca"
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Foreign Policy
The things that narcissists think but do not say....
I think it's safe to say that the vampire squid Goldman Sachs brand has taken a few hits in recent years. To add to the calumny, Greg Smith, an executive director and head of the firm’s United States equity derivatives business in Europe, the Middle East and Africa
, is leaving Goldman today after publishing an op-ed in the New York Times explaining why he's leaving. It's n...
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Krone
Ex-Mitarbeiter rechnet mit Goldman Sachs ab
Es ist derzeit das Gesprächsthema an der Wall Street: "Warum ich Goldman Sachs verlasse", rechnet der scheidende Mitarbeiter Greg Smith in einem Kommentar mit der berühmt-berüchtigten Investmentbank ab. Seit der Veröffentlichung in der Tageszeitung "The New York Times" ergießen sich im Internet Spott und Hohn über das Geldhaus - aber auch über Smith.
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Hoy
Un exdirectivo de Goldman Sachs: «Timamos al cliente»
A Greg Smith le ponen "enfermo" las "malas prácticas" de Goldman Sachs. Este exdirector ejecutivo del banco de inversión por excelencia de EE UU ha renunciado a su puesto pero no sin antes desenmascarar a la compañía para la que trabajó durante doce años.
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USA Today
Goldman exec resigns, blasts firm as 'toxic'
In a scathing column in the New York Times, the executive director of Goldman Sachs resigns, blasting the firm's 'toxic" environment.
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THE GLOBE AND MAIL
Official slams Goldman Sachs as he quits: 'Toxic' culture, clients as 'muppets'
Wall Street giant says comments don't reflect how it runs its business
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BBC
Goldman banker quits 'toxic' firm
A manager at US banking giant Goldman Sachs in London quits, saying he could no longer work there "in good conscience".
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The Sun
Top Goldman Sachs banker quits over firm's 'toxic' greed
GREG Smith's explosive open letter blasts culture at the investment bank
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Reuters
Facebook adds women, minority-owned banks for IPO
(Reuters) - Facebook Inc added several women- and minority-owned investment banks to the roster of underwriters for its initial public offering, following in the footsteps of General Motors Co and Goldman Sachs Group Inc, which did the same during their own offerings.
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Los Angeles Times
Weinstein Co. closes new financing deal
Weinstein Co. has closed a deal for a new $150-million film financing facility with Union Bank of California, seeking to put itself on firmer financial footing as it continues a comeback from the brink of shutting just two years ago.
The new deal allows the New York studio behind "The King's Speech" and "The Artist" to pay off loans from Goldman Sachs and Ziff Brothers Investments that it took ...
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Daily Mail
Cristina Alger: Former Goldman Sachs analyst draws on personal experience for novel set in financial crisis
Cristina Alger's new book The Darlings tells the tale of a hedge fund's downfall. The novel is one of the first works of fiction set during the 2008 financial crisis.
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Barrons
Tim Cook Adds Some Shine to Apple
The Apple CEO makes an impressive debut at the Goldman Sachs tech symposium; Microsoft shares approach a four-year high; and the technology behind the win by Phil Mickelson at Pebble Beach.
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AP
NJ programmer freed as NY court orders acquittal
NEW YORK (AP) -- A smiling former Goldman Sachs computer programmer was freed from prison Friday after a surprise ruling from a federal appeals court reversed his conviction on charges he stole computer code....
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New York Times
DealBook: Investors Get the Chance to Assess Facebook's Potential
If Facebook's initial valuation pushes $100 billion, it would be far bigger than many established American companies, including Amazon, Caterpillar, Kraft Foods, Goldman Sachs and Ford Motor.
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MarketWatch
Goldman Sachs cuts E-Trade to neutral from buy
This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news.
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ElPais
Europa y sus banqueros
La salmodia de la reducción del déficit público, que forma parte del sermón neoliberal imperante, ha obligado a colocar al frente de los Gobiernos europeos a los representantes de Goldman Sachs, con autoridad delegada para controlar los desmanes de la banca europea (pública y privada), que compró generosamente las hipotecas basura norteamericanas, a las que sumó su propia e infecta depredación ...
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Irish Times
Goldman Sach profit down 56%
Goldman Sachs Group fourth-quarter profit fell 56 per cent as trading and investment banking revenue plunged, but the bank managed to beat analysts' expectations through cost cutting and lower taxes.
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Times of India
Insider trading: US court ask for specifics of financial benefits made by Rajat Gupta
A US judge has asked prosecutors to provide specific financial benefits they allege former Goldman Sachs director Rajat Gupta made by passing inside information to his friend Raj Rajaratnam.
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Telegraph
UK Uncut demands legal review of HM Revenue and Customs deal
Tim Street from UK Uncut says he is hoping to have a deal between HMRC and Goldman Sachs that cost the taxpayer around £20million quashed by the courts.
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The New Yorker
Lizzie Widdicombe: Henry Paulson, bird-watching in Central Park.
The other day, with the now homeless Occupiers still flooding the streets downtown, railing about bailed-out bankers, Henry Paulson, the former Treasury Secretary, Goldman Sachs C.E.O., and bailout architect, was uptown, taking a nature walk in Central Park. It was a drizzly day, and Paulson showed up at the . . .
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APA-OTS
Dana Holding Corporation nimmt an der dritten, jährlich stattfindenden Global Automotive Conference von Goldman Sachs teil =
Maumee, Ohio, November 30 (ots/PRNewswire) -
Dana Holding Corporation wird an der dritten, jährlich
stattfindenden Global Automotive Conference von Goldman Sachs am 9.
Dezember 2011 in London teilnehmen.
(Logo: http://photos.prnewswire.com/prnh/19990903/DANA )
Jim Yost, ...
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news.com.au
Standard and Poor's downgrades US banks
RATINGS agency Standard & Poor's says it has downgraded the ratings of major US banks, including Citigroup, Goldman Sachs, Wells Fargo, JPMorgan Chase, Morgan Stanley and Bank of America.
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euronews
Dragui, Papademos, Monti et ... Goldman Sachs
Qu'est-ce que Mario Dragui, nouveau directeur de la Banque centrale européenne, Lucas Papademos, nouveau Premier ministre grec et Mario Monti,…
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Los Angeles Times
Occupy movement plans Rose Parade protest
Occupy movement plans Rose Parade protest
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WirtschaftsWoche
US-Großbank: Neue Rekordklagen gegen Goldman Sachs
Die US-Großbank Goldman Sachs sieht sich wegen umstrittener Hypothekengeschäfte mit Klagen in Milliardenhöhe konfrontiert. Der Wert der Papiere ist 30 Mal größer als bisher angegeben.
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New York Times
DealBook: Yelp Hires Goldman and Citigroup to Lead I.P.O.
Yelp, the online reviews site for local businesses, has turned to Goldman Sachs and Citigroup to lead its initial public offering, according to people briefed on the situation.
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# |
Countries |
MIX |
| 1 | United States | 14.875 |
| 2 | India | 2.195 |
| 3 | United Kingdom | 2.005 |
| 4 | Germany | 0.840 |
| 5 | Australia | 0.700 |
| 6 | Russia | 0.690 |
| 7 | Turkey | 0.480 |
| 8 | Romania | 0.480 |
| 9 | Italy | 0.330 |
| 10 | Colombia | 0.300 |
| 11 | Spain | 0.300 |
| 12 | Canada | 0.275 |
| 13 | Greece | 0.245 |
| 14 | Guatemala | 0.220 |
| 15 | Poland | 0.200 |
| 16 | Austria | 0.175 |
| 17 | China | 0.170 |
| 18 | France | 0.170 |
| 19 | Finland | 0.140 |
| 20 | Belgium | 0.120 |
| More Countries >> |
# |
Media |
MIX |
| 1 | WALL STREET JOURNAL USA | 2.700 |
| 2 | TIME | 1.000 |
| 3 | newsweek | 0.800 |
| 4 | Houston Chronicle | 0.700 |
| 5 | cbsnews | 0.700 |
| 6 | USA Today | 0.700 |
| 7 | The Independent | 0.700 |
| 8 | Times of India | 0.600 |
| 9 | Yahoo India | 0.560 |
| 10 | Fortune | 0.550 |
| 11 | economist | 0.500 |
| 12 | Washingtonpost | 0.500 |
| 13 | CNBC | 0.500 |
| 14 | Washington DC Examiner | 0.500 |
| 15 | milliyet.com.tr | 0.480 |
| 16 | Bloomberg | 0.400 |
| 17 | Kansas City Star | 0.400 |
| 18 | Forbes | 0.400 |
| 19 | Reuters | 0.400 |
| 20 | Realitatea TV | 0.400 |
| More Media >> |
# |
Languages |
MIX |
| 1 | English | 20.270 |
| 2 | German | 1.025 |
| 3 | Spanish | 0.905 |
| 4 | Russian | 0.680 |
| 5 | Turkish | 0.480 |
| 6 | Romanian | 0.480 |
| 7 | Italian | 0.330 |
| 8 | French | 0.310 |
| 9 | Chinese | 0.250 |
| 10 | Greek | 0.245 |
| 11 | Polish | 0.200 |
| 12 | Portuguese | 0.150 |
| 13 | Finnish | 0.140 |
| 14 | Danish | 0.060 |
| 15 | Dutch | 0.040 |
| 16 | Korean | 0.020 |
| 17 | Arabic | 0.000 |
| 18 | Indonesian | 0.000 |
| 19 | Swedish | 0.000 |
| 20 | Zulu | 0.000 |
| More Languages >> |
# |
Lists |
| 1 | Banks |