GOLDMAN SACHS

Goldman Faces Lawsuits Over $15.8 Billion in Mortgages

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Goldman Sachs Group Inc faces lawsuits over $15.8 billion worth of mortgage securities, the bank said in a regulatory filing on Wednesday, a more than 30-fold increase from the amount disclosed three months earlier.
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A warehouse contracted out by Goldman Sachs warehouse subsidiary Metro International Trade Services to hold metals is seen in Detroit in this photo taken July 12, 2011.

Goldman's New Money Machine: Warehouses

In a rundown patch of Detroit, enclosed by a cyclone fence and barbed wire, stands an unremarkable warehouse that investment bank Goldman Sachs has transformed into a money-making machine.
Gensler testifies at a House Financial Services Committee hearing in Washington

CFTC Chief Won't Participate in MF Global Review: Report

The head of the U.S. futures regulator working on a sweeping review into the business practices of failed futures brokerage MF Global Inc. said he will not be participating in any further parts of the inquiry, a source told Reuters Friday.
Q3 2011 Hits and Misses

3Q Earnings Picture: 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.
Jon Corzine, MF Global Holdings Ltd. CEO

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

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.
Jon Corzine, chairman and chief executive officer of MF Global Holdings, speaks during the Sandler O'Neill + Partners global exchange and brokerage conference in New York

MF Global CEO Jon Corzine Resigns Under Fire

Jon Corzine has resigned as MF Global Holdings Ltd's chairman and chief executive officer four days after the futures brokerage filed for bankruptcy protection, culminating a rapid downfall for one of Wall Street's best-known executives.
The sign marking the MF Global Holdings Ltd. offices at 52nd Street in midtown Manhattan is seen in New York

MF Global CEO Jon Corzine Resigns

MF Global Holdings Ltd Chief Executive Jon Corzine resigned, four days after the futures brokerage filed for bankruptcy protection.
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.
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.

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