Thursday, 29 May 2014 Many may chuckle when they learn a debate entitled “Does Privacy Exist?” is to feature at this year’s Bilderberg conference, the notoriously secretive gathering of the world’s most powerful bankers, politicians and business people. … Read More ›
Goldman Sachs
Financial world shaken by 4 bankers’ apparent suicides in a week
Published time: February 03, 2014 12:16 Mike Dueker (Still from YouTube video/Russell Investments) The apparent suicide death of the chief economist of a US investment house brings the number of financial workers who have died allegedly by their own hand… Read More ›
Goldman Sachs sued by Libyan fund over $350m profits
Thursday 30 January 2014 Libyan Investment Authority accuses bank of “deliberately exploiting” relationship for own gain Goldman Sachs is being sued by the Libyan Investment Authority over a series of disputed trades By James Quinn, Financial Editor 4:50PM GMT… Read More ›
Goldman Sachs made more money from its investment banking division in 2013 than any point in its 145-year history (except 2007 when the credit crunch hit)
EEV : To my Greek friends: It is time to bring forward legal action against Goldman Sachs for the debt manipulation that magnified your financial hardship. The boost fuelled an average gold-plated payout of £234,000 per worker The bank plans to… Read More ›
Goldman Sachs rogue trader to be jailed seven years AFTER concealing an unauthorized $8.3 billion trading deal / For a whole 9 months
Matthew Taylor, 35, was sentenced Friday to nine months for wire fraud in 2007 U.S. District Judge William Pauley questioned why it took Goldman and the government so long to bring the misconduct to light Taylor had admitted in a… Read More ›
The recession’s biggest winner: Warren Buffet made an astonishing $10BILLION from the financial crisis
Buffett invested in well known companies at record lows in 2008 Investments acted as ‘lifelines’ to firms His endorsement and confidence saw their stock prices rise Sometimes special deals were created with buyback options making Buffett even richer Oracle of … Read More ›
Goldman Sachs in spotlight over ‘aluminium price-hike’ scandal
Financial giant is accused of exploiting rules over metal warehousing in order to manipulate commodity prices James Moore Tuesday, 23 July 2013 Goldman Sachs is at the centre of another potential London-linked scandal after US watchdogs kicked off investigations into… Read More ›
Goldman Sachs janitor ‘was fired by drunk boss and had to wade home through flooded streets during Hurricane Sandy’
By Daily Mail Reporter PUBLISHED: 16:43 EST, 7 June 2013 | UPDATED: 16:43 EST, 7 June 2013 Scene: Mefit Zecevic, a janitor at the Goldman Sachs building, was forced to walk home after Sandy A former janitor who… Read More ›
Red-faced Bloomberg admits ‘inexcusable’ privacy breach
Gideon Spanier Monday, 13 May 2013 Bloomberg was today forced to issue a grovelling apology to clients for its “inexcusable” decision to let its journalists use internal customer information in a scandal that has rocked Wall Street and the… Read More ›
‘Sweetheart’ deal between HMRC and Goldman Sachs was struck to save Government embarrassment, court hears
Tom Peck Thursday, 2 May 2013 A so-called “sweetheart” tax deal between Her Majesty’s Revenue and Customs and the investment bank Goldman Sachs was struck to avoid “major embarrassment” to the Chancellor George Osborne, a court has heard. Dave… Read More ›
“We have a corrupt politics to the core” Top economist Jeffrey Sachs says Wall Street is full of ‘crooks’ and hasn’t changed since the financial crash
The IMF adviser also blamed ‘a docile president, a docile White House and a docile regulatory system’ James Legge Monday, 29 April 2013 In a cutting attack on America’s financial hub, one of the world’s most respected economists has said… Read More ›
What if the real reason behind the whole Cyprus crisis is the desire to confiscate the country’s gold?
Could Cyprus’s gold reserves play a part in the crisis? Photo: RIA Novosti The Cyprus bailout proposal made by the Eurogroup is both economically and politically absurd. But what if the real reason behind the whole Cyprus crisis is the… Read More ›
‘In fact, Italy’s already out of the euro’ – Grillo
Mar 13, 2013 18:20 Moscow Time Photo: EPA Beppe Grillo, the leader of the “Five Star Movement” which won 25% of the votes cast in the last parliamentary elections was interviewed by the German financial newspaper Handelsblatt. The former comic… Read More ›
Goldman Sachs won’t do business with Southern Europe ” only a “small” probability that the euro area will stick together “
Monday, 26 November 2012 Goldman Sachs Group Inc., the No. 1 stock underwriter in Europe, turned down roles in offerings by banks in Spain and Italy this year, the only top U.S. securities firm not to take part in the… Read More ›
HSBC and Goldman Sachs held $335m of Libyan state oil money ( Gaddafi’s Billions? )
Reposted at request in regards to the HSBC Jersey offshore account scandal 26th May 2011 Update: Global Witness publishes the Libyan Investment Authority financial position as of September 2010 Read BBC Business Editor Robert Peston’s analysis of this story Listen to… Read More ›
DOJ Will Not Prosecute Goldman Sachs in Financial Crisis Probe
By Jason Ryan@JasonRyanABC The Justice Department has decided it will not prosecute Goldman Sachs or its employees for their role in the financial crisis, following an investigation by senators Carl Levin (D-MI) and Tom Coburn (R-OK). The congressional investigation found… Read More ›