GOLDMAN SACHS

3Q Earnings Picture: Hits and Misses

Q3 2011 Hits and Misses
We are now well into third quarter earnings season, with the vast majority of companies reported both bottom- and top-line results that met or beat expectations. Here's a summary of who met, and who missed, analyst estimates.

Corzine's Fall From Grace Leaves Obama With Even Less Bridges to Wall Street

Jon Corzine, MF Global Holdings Ltd. CEO
The fall of Jon Corzine, a prominent figure with a toehold in the worlds of both finance and politics, is not only an issue for himself, but for one of the men who likely sought his advice and support on a regular basis, President Barack Obama. Perhaps more importantly, it follows a trend that has dogged the president since 2010, as, due to a variety of causes, many of the people close to Wall Street he had previously sought out have later found themselves uninvited to tea in the Rose Garden.
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JLL HQ

Jones Lang LaSalle Revenue up 28 Percent

Jones Lang LaSalle, one of the world's largest real estate services companies, reported revenue of $903 million in the third quarter, up 28 percent from the previous year.
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SEC probes MF Global's statements on European bets: report

The Securities and Exchange Commission has launched a probe into whether MF Global Holdings made misleading statements about the $6.3 billion bets that sank the company, the Wall Street Journal said, citing people familiar with the matter.
2012 Election

Rick Perry Speech Quotes Fake Occupy Wall Street Protester [VIDEO]

It's been a tough few days for Gov. Rick Perry, R-Texas. A giddy speech he made in New Hampshire on Friday led commentators to question his sobriety, and now, the blogosphere is abuzz with the news that he used a fake quote to mock Occupy Wall Street protesters.
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PIMCO's Gross: U.S. Banks Need More Capitalization

U.S. banks have not done enough to ensure they are well capitalized, and getting back to a system where retail and investment banking are separated would be attractive in terms of reform, Bill Gross, manager of the world's largest bond fund, said on Tuesday.
Jon Corzine, chairman and chief executive officer of MF Global Holdings

Did Corzine's Risk-Taking Cripple MF Global?

In early April, Jon Corzine was in a tough spot. MF Global, the company he had run for the previous year, was about to post a fourth-quarter loss, marking its fourth successive fiscal year of red ink.
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Groupon mulls raising IPO price

Groupon Inc is considering raising its IPO price range, as underwriters grow more confident about demand after completing the East Coast leg of a two-week roadshow to woo investors.
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Goldman sued for $1.07 billion over Timberwolf CDO

Goldman Sachs Group Inc has been hit with a new $1.07 billion lawsuit for having allegedly sold risky debt that it expected would tumble in value to an Australian hedge fund, causing that fund to become insolvent.

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