Goldman Sachs Group Inc chief executive Lloyd Blankfein, in written testimony prepared for a Senate hearing on Tuesday, said his firm did not have a massive short against the housing market and certainly did not bet against our clients.
Goldman Sachs Group Inc and Chief Executive Lloyd Blankfein were hit with a shareholder lawsuit claiming they hid key details about a risky transaction that resulted in civil fraud charges and a plummet in its stock price.
Fabrice Tourre and his girlfriend talked like a couple very much in love.
Emails sent by Goldman Sachs Group Inc's executives on money the firm made by betting against risky mortgage securities highlight the need for transparency in financial markets, senior White House adviser Lawrence Summers said on Sunday.
Goldman Sachs Group Inc's top executive boasted in late 2007 about the money the investment bank was making from betting against risky mortgages, according to a collection of e-mails released by a Senate panel on Saturday.
Goldman Sachs Group Inc officials boasted in late 2007 about the money the investment bank was making from betting against risky mortgages, according to a collection of e-mails released by a Senate panel on Saturday.
Goldman Sachs Group Inc officials discussed making serious money in 2007 off the subprime crisis as mortgages were starting to falter in rapid numbers, according to a collection of e-mails released by a Senate panel on Saturday.
Wall Street is heading into another earnings blitz next week and the prospects of strong results from bellwethers like Caterpillar Inc and 3M Co should propel indexes to new recovery highs.
A U.S. government watchdog will investigate the Securities and Exchange Commission's fraud lawsuit against Goldman Sachs Group Inc, the SEC's inspector general said on Friday, while two shareholders sued the bank over the fraud allegations.
Goldman Sachs Group Inc Chief Executive Lloyd Blankfein and other bank officials have been sued by shareholders in two lawsuits related to fraud allegations brought by the federal government.
President Barack Obama scolded Wall Street on Thursday for its furious efforts to fight tighter regulation, saying the United States was doomed to another financial crisis if reforms were not implemented
President Barack Obama scolded Wall Street on Thursday for its furious efforts to fight tighter regulation, saying the United States was doomed to another financial crisis if reforms were not implemented
Goldman Sachs Group Inc intensified its public relations counteroffensive over fraud charges on Thursday as the company's chief executive watched President Barack Obama urge Wall Street to back regulatory reforms.
Goldman Sachs risks losing clients wherever politicians hold sway after U.S. accusations the Wall Street powerhouse committed fraud, posing a threat to some lucrative business areas.
Goldman Sachs Group Inc intensified its public relations counteroffensive on Thursday over fraud charges, as the company's chief executive watched the U.S. president urge Wall Street to back regulatory reforms.
A German state bank said it had severed business ties with Goldman Sachs Group Inc, citing U.S. regulators' allegation that the dominant Wall Street bank committed fraud, while France eyed an investigation of its own.
Goldman Sachs Group Inc said first-quarter earnings nearly doubled, topping expectations, bolstered by fixed income trading profits.
Goldman Sachs Group Inc was charged with fraud by the U.S. Securities and Exchange Commission over its marketing of a subprime mortgage product, igniting a battle between Wall Street's most powerful bank and the nation's top securities regulator.
President Barack Obama said on Friday he would veto a planned financial regulation law that did not bring the derivatives market under control -- hours after influential bank Goldman Sachs was charged with fraud.
Morgan Stanley Chief Executive James Gorman was not satisfied with his firm's financial performance in 2009 and believes it is time the firm begins carrying out its business plan after a make-over of key businesses.
Goldman Sachs Group Inc issued a spirited defense in its annual shareholder letter against allegations that it had benefited unduly from government help and bet against its own clients during the financial crisis.
Goldman Sachs Group Inc said it did not intentionally bet against securities in the mortgage market during the financial crisis, dismissing suggestions that it unfairly made money by placing bets against its clients.
