President Obama to Hold Banking Summit Monday

" Click to enlarge. President Barack Obama plans to hold a Banking Summit Monday, according to a Bloomberg report today. Among those participating in the event, said to be a forum for discussing the president’s proposals to boost small-business lending and overhaul...

Arming Goldman With Pistols Against Public: Alice Schroeder

"Commentary by Alice Schroeder Dec. 1 (Bloomberg) -- “I just wrote my first reference for a gun permit,” said a friend, who told me of swearing to the good character of a...

Goldman Sachs, Warren Buffett To Help Small Businesses

They are going to try to buy good PR for themselves. What hypocrites!" NEW YORK -- Goldman Sachs Group Inc. said Tuesday it is teaming with billionaire investor Warren Buffett to invest $500 million to provide thousands of small business owners across America with college...

Protesters Plan Huge Anti-Goldman Rally In Washington, DC

Washington, DC—On Monday, SEIU President Andy Stern and hundreds of taxpayers will converge on the Washington headquarters of Goldman Sachs to demand  to multi million dollar bonuses and the Too Big To Fail Doctrine and call for immediate Congressional action on real...

Forecast Rough Economics Ahead

Despite the massive treasury Moves to fend off a major crisis in the World Economy much is looking certainly uncertain. While The Fed and Treasury Secretaries of Both Bush and Obama took swift steps to fend off disaster the question looms large-what of the toxic assets many...

Government Capping Compensation?

As you shelter yourself in a cool closet from the hailstorm of healthcare promotion, Congress and the President are sliding into home plate with compensation controls in the senior offices of financial firms, … for starters. The new Corporate and Financial Institution...

SATIRE: Goldman Sachs Internal Memo

This follows the news announced by the White House last Friday, that Goldman Sachs Group Inc. Vice Chairman Robert Hormats was appointed to the role of State Department's undersecretary for economic, energy and agricultural affairs. Read about it here, on NowPublic."July 16,...

Goldman Sachs: Thank You Mr. President

Dear Mr. President,

   This should prove a challenging week on the PR front for us at Goldman Sachs. There are a few situations surfacing for which appropriate clarification will provide you sufficient context in the event that the inevitable questions arise. We...

How do we know Banks are lying about its Financial Position

The Dow fell 1.71% and the S&P fell 2.01%, followed by the Nikkei down 1.1% and European bourses down by a smaller amount this morning. The leader was the financial sector, the very thing that had inspired rallyettes earlier. The WSJ names JPMorgan, among others. To be...