Topic: Goldman Sachs Group Inc.

The Goldman Sachs Group Inc.'s (GS) third quarter 2010 earnings per share of $2.98 were significantly ahead of the Zacks Consensus Estimate of $2.29. Behind the Headlines Total revenue of Goldman increased 1% from the prior quarter, but decreased 28% year over ...

No political influence in SEC-Goldman case: report

WASHINGTON (Reuters) - A federal watchdog has concluded that fraud charges filed against Goldman Sachs in mid-April by the U.S. Securities and Exchange Commission were not politically motivated.The SEC filed civil charges against Goldman at the same time Democrats were trying to ...

Do Bankers Deserve Bonuses?

Just one month after returning the federal government's bailout money, Goldman Sachs and JPMorgan Chase posted record second-quarter profits this week, earning 3.4 billion and 2.7 billion, respectively. For example, Goldman Sachs, which took 10 billion in TARP funds, has alreadyA set ...
The thirty-eight biggest Wall Street companies earned $140 billion in 2009, a record that all taxpayers who contributed to their bailouts can be proud of. Authors Hacker and Pierson contend that growing inequality is not the 'natural' product of market rewards, but ...
Goldman Sachs Group spends $1.58 million in 2nd qtr lobbying on financial regulatory overhaulGoldman Sachs Group Inc. spend $1.58 million in the second quarter to lobby the federal government on issues related to the financial regulatory overhaul that President Obama signed in ...

Foreign firms helped by U.S. bailouts: panel

WASHINGTON (Reuters) - The U.S. tactic of pouring money into ailing financial firms during the 2007-09 crisis helped many foreign banks whose governments should have shared some of the burden, a report from a congressional watchdog agency said on Thursday.In its latest ...

Foreign firms helped by U.S. bailouts - panel

WASHINGTON (Reuters) - The U.S. tactic of pouring money into ailing financial firms during the 2007-09 crisis helped many foreign banks whose governments should have shared some of the burden, a report from a congressional watchdog agency said on Thursday.In its latest ...

Goldman defends its collateral calls to AIG

BANGALORE (Reuters) - Goldman Sachs said that it believed its trades with the bailed out insurer AIG during the financial crisis were accurate and its collateral calls made to AIG were reflective of the conditions in a deteriorated market.In a response submitted ...

Goldman Sachs eyes Slovenian top bank: report

LJUBLJANA (Reuters) - Goldman Sachs is interested in taking over Slovenia's largest bank Nova Ljubljanska Banka (NLB), daily paper Finance reported on Friday, citing unofficial government sources.The newspaper gave no details.It also said the government would approve a possible takeover of NLB ...
A day after investors expressed displeasure with the Treasury Department's broad outline of a bank bailout, Wall Street remained focused on Washington, as the House Financial Services Committee brought in chief executives from the nation's top banks to defend their firms' use ...
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