
Goldman Sachs' agreement to pay $5 billion at the government's behest on Monday is just another notch in Uncle Sam's loose belt.
In fact, the government has a history of lax settlements with the Wall Street investment leviathan.
By Money Morning Staff Reports, Money Morning -
Goldman Sachs' agreement to pay $5 billion at the government's behest on Monday is just another notch in Uncle Sam's loose belt.
In fact, the government has a history of lax settlements with the Wall Street investment leviathan.
Here's exactly why, once again, Goldman won't really suffer...
By Money Morning Staff Reports, Money Morning -
Goldman Sachs' agreement to pay $5 billion at the government's behest on Monday is just another notch in Uncle Sam's loose belt.
In fact, the government has a history of lax settlements with the Wall Street investment leviathan.
Here's exactly why, once again, Goldman won't really suffer...
By Money Morning Staff Reports, Money Morning -
Goldman Sachs settlement with the DOJ boasts a massive $5.1 billion payout.
But the deal's fine print suggests the Wall Street leviathan won't be paying nearly that much.
Here's a look at the tax credits and incentives Uncle Sam is granting Goldman Sachs...
By Money Morning Staff Reports, Money Morning -
Goldman Sachs has special ties to the Federal Reserve. Currently, former executives head up the Minneapolis, Dallas, Philadelphia, and New York Federal Reserve branches.
Yet just yesterday, the financial behemoth was fined $15 million by the SEC for lending practices that violated federal law. Goldman Sachs agreed to resolve the SEC's allegations -- as usual, without admitting or denying the findings.
By Money Morning Staff Reports, Money Morning -
Four of the Fed's 12 regional branches will be run by former Goldman Sachs executives in 2016.
Considering the banking and investment firm's contribution to (and benefit from) the 2007 financial crisis, is that such a good idea?
We don't think so. Especially after looking at the evidence of such blatant collusion...
By David Zeiler, Associate Editor, Money Morning • @DavidGZeiler -
Pardon us for not sharing Wall Street's excitement that Goldman's Conviction Buy List now includes Apple stock...
Now, we love AAPL stock. It's Goldman's Conviction Buy List we don't trust - and neither should you.
You see, Apple has been on the Goldman conviction buy list before, and it didn't go so well.
By Diane Alter, Contributing Writer, Money Morning -
Amid a challenging commodity and emerging market landscape, Goldman Sachs Group Inc. (NYSE: GS) quietly shut its BRIC investment fund last month, marking the end of an era for the investment bank.
Since the move on Oct. 23, GS stock has climbed 7.3%.
By Money Morning Staff Reports, Money Morning -
This Goldman Sachs financial crisis "third wave" is upon us. But what exactly were the first two waves, and aren't we through the financial crisis yet?
By David Zeiler, Associate Editor, Money Morning • @DavidGZeiler -
Don't trust investment advice from Goldman Sachs (NYSE: GS).
The banking giant often bestows its "wisdom" on retail investors with such vehicles as Goldman's Conviction Buy List, as well as its quarterly chartbook updates.
Trouble is, Goldman's advice is wrong most of the time.
Just look at this horrific track record...
By Diane Alter, Contributing Writer, Money Morning -
Banking behemoths JP Morgan, Goldman Sachs, and Morgan Stanley are teaming up to create a company that will give them shared access to certain market data, which will help them cut data management costs.
The trio are each investing "seven figures" in the new initiative.
Here's why these highly competitive big banks are all teaming up...
By Keith Fitz-Gerald, Chief Investment Strategist, Money Map Report -
Goldman Sachs (NYSE: GS) and Wall Street in general are bullish on this market darling, even after it has already fallen more than 45%.
This is why you definitely don't want to listen to "the herd."
Here are five good reasons why you should avoid this beloved stock at all costs...
By Money Morning Staff Reports, Money Morning -
Ted Cruz net worth: It became the subject of debate in 2012. That's when Cruz and his wife, Heidi, poured their entire life savings into his campaign.
This hefty donation, by the way, paid off.
Now here's what the Texas senator has on the books for his presidential run...
By Diane Alter, Contributing Writer, Money Morning -
Goldman Sachs earnings released Thursday morning disappointed, sending shares down 1%.
Weighed down by litigation costs, the bank posted a 52% profit drop.
Nonetheless, the powerhouse remains an attractive investment.
Keeping reading to find out why.
By Shah Gilani, Chief Investment Strategist, Money Morning • @ShahGilani_TW -
It's true! Starting sometime next year, Goldman Sachs Group Inc. (NYSE: GS) is going to start lending money to the 99%.
But don't bother getting all suited up with hat in hand for a visit to a local branch of Goldman Sachs Bank USA (with its $73 billion in deposits) - there won't be one.
Here's how to capitalize on something we've seen coming for a while...
By Money Morning Member Alert, Money Morning -
Goldman Sachs' new consumer loan initiative is designed to keep the Wall Street giant ahead of the growing number of non-bank lenders making inroads. These firms, like peer-to-peer lenders Prosper and Lending Club, are growing fast. Goldman has some big advantages, though - which make its entry into the consumer loan market undoubtedly a smart move.
By Jim Bach, Associate Editor, Money Morning • @JimBach22 -
The Goldman Sachs stock price fell yesterday (Thursday) on what was a wildly successful earnings season for the investment banking giant.
Goldman Sachs Group Inc. (NYSE: GS) earnings crushed estimates across the board. But traders on the day were correct in their assessments. GS stock is not one to pile into right now.