GOLDMAN SACHS

U.S. stocks recovered from initial declines on Thursday in a choppy session as commodity prices kept the market in flux while a downgrade of Goldman Sachs dragged down financial shares.

Thursday's London Silver Fix set the white metal's price at $32.50 per ounce, nearly $7 lower than a day earlier and 33% below the 31-year high of $48.70 set on April 28. [Silver] is still in an uptrend, despite the sharp sell-off reckons Mary Ann Bartels, head of US technical and market analysis at Bank of America Merrill Lynch, who said yesterday silver could hit $50 per ounce by the end of the year.

Goldman Sachs plans to raise up to 5 billion yuan ($770 million) for a private equity fund in China, a source familiar with the matter said on Thursday.

Goldman Sachs plans to raise up to 5 billion yuan ($770 million) for a private equity fund in China, a source familiar with the matter said on Thursday.

The Sri Lankan born Hedge fund founder Raj Rajaratnam, the billionaire manager of the Galleon hedge fund, was found guilty on Wednesday on all counts in the largest hedge fund insider trading case in the United States history.

Top hedge fund founder and stock trader Raj Rajaratnam was 'expressionless' in a New York federal court on Wednesday as a jury verdict was read finding him guilty of 14 charges, including insider trading.

The CEO of Japan's Softbank, Inc. invests over $60 million into Gilt Groupe, Inc.

The Silver Price rallied to $38.00 at Monday's London Fix – rising over 11% from Friday lunchtime's Fix – before also slipping back to trade 26% below late April's 3-decade record.

Goldman Sachs Group Inc Chief Executive Lloyd Blankfein was in good spirits on Friday at his firm's annual meeting, despite battling some testy shareholders and what seemed to be a cold.

JPMorgan Chase & Co is in advanced talks with U.S. regulators to resolve a probe into its role in selling subprime mortgage-backed bonds in 2007, a case that highlights a rare misstep by Chief Executive Jamie Dimon.

Goldman Sachs Group Inc Chairman and Chief Executive Lloyd Blankfein said he is not stepping down, despite media reports that he has plans to resign.

An appeals court on Tuesday denied a bid for bail by a former Goldman Sachs Group Inc programer sentenced to eight years in prison for stealing part of the bank's high-frequency trading code.

A former Goldman Sachs Group Inc programer, sentenced to eight years in prison for stealing part of the bank's high-frequency trading code, should never have been charged, his lawyer argued on Tuesday in a bid to have him released while he appeals.

The trustee for bankrupt Thornburg Mortgage Inc has sued Goldman Sachs, Barclays and other big banks for a combined $2.2 billion, blaming them for the former home loan company's bankruptcy.

U.S. stocks kicked off May with slim losses, as the energy sector followed the price of oil lower and investors couldn't sustain a morning rally that followed the death of Osama bin Laden.

The United States does not have a capitalist system. We have a corporate fascist economic system where a small cartel of bankers, military weapons suppliers, and mega-corporations set the agenda for the country through their complete capture of politicians and the mainstream corporate media.

Bondholders fighting for control of Lehman Brothers Holdings Inc's repayment plan have amended a proposal for the company's restructuring that would provide them a slightly higher recovery.

Gold Investing prices extended last night's strong gains on Thursday, hitting fresh all-time highs at $1534 per ounce as new US data showed inflation accelerating sharply.

U.S. stocks advanced on Thursday as robust earnings from Apple, Morgan Stanley and General Electric lifted the market, but weaker-than- expected reports on jobless claims and Philadelphia Fed Manufacturing Index kept gains in check.

Silver Prices extended their Dollar gains to 7.7% for this week alone, also reaching new multi-decade and all-time highs vs. the world's other major currencies.

Morgan Stanley's first-quarter profit fell nearly 50 percent, but the results were better than many analysts had forecast thanks to stronger-than-expected fixed-income trading revenue.