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Goldman Sachs Group, Inc.

A collection of news and information related to Goldman Sachs Group, Inc. published by this site and its partners.

Top Goldman Sachs Group, Inc. Articles

Displaying items 111-121
  • PPL merger would be with company founded by former executives of Goldman Sachs

    PPL merger would be with company founded by former executives of Goldman Sachs
    Thirty-five years ago, when a New Jersey-based outfit called General Public Utilities was irresponsibly cutting corners to increase profits, an Allentown-based outfit known as PP&L was emerging as one of nation's best-run utility companies. GPU, the...
  • Supreme Court rejects appeal by Rajaratnam in insider-trading case

    Supreme Court rejects appeal by Rajaratnam in insider-trading case
    The Supreme Court rejected the appeal of former hedge-fund king Raj Rajaratnam to overturn his conviction and 11-year prison sentence for insider trading. Rajartnam, the founder of once high-flying Galleon Group, was convicted on 14 counts of securities...
  • Hillary Clinton's challenges are far bigger than book tour

    Hillary Clinton's challenges are far bigger than book tour
    Hillary Clinton had a rough rollout for her new book and likely presidential quest; there were gaffes, awkward answers and a relatively slow response to criticism. No other would-be presidential contender approaches her stature or public appeal. None,...
  • Iraq crisis fuels concern for oil prices

    Iraq crisis fuels concern for oil prices
    Sharp surges in the world's oil prices usually end up dragging the economy down, so analysts are watching the crisis in Iraq for risks to U.S. consumers and the globe's fragile recovery. Oil prices have climbed to a nine-month high amid the escalating...
  • How risky investment bets helped cripple a major university

    How risky investment bets helped cripple a major university
    Yeshiva University in New York fessed up years ago to having lost more than $100 million in Bernard Madoff's Ponzi scheme.  But it was hard to blame the leadership of the prestigious Jewish institution for that misstep, given how many other prominent...
  • AbbVie's $46 billion bid for Irish rival rejected

    Irish pharmaceutical company Shire Plc said Friday it had rejected a $46.3 billion takeover offer from North Chicago-based AbbVie Inc., thwarting, at least for now, the company’s attempt to tap into the London-listed company’s low tax rate....
  • Judge OKs $8.5-billion Bank of America mortgage settlement

     Judge OKs $8.5-billion Bank of America mortgage settlement
    NEW YORK — A New York state judge has approved nearly all of an $8.5-billion settlement between Bank of America and large investors who suffered losses in mortgage-backed bonds stemming from the housing meltdown. The settlement centers around...
  • BofA's legal costs mount in Countrywide mortgage fiasco

    NEW YORK — A federal judge will soon decide how much Bank of America should pay for some of Countrywide Financial Corp.'s sins in the lead-up to the financial crisis. Federal prosecutors want BofA to pay $864 million after the bank's stinging...
  • Stock market notches its best year since 1995

    NEW YORK — Wall Street closed out an epic year with the stock market's best performance since 1995, fattening the retirement accounts for a generation of Americans crushed by the financial crisis just five years ago. The 27% gain in the Dow...
  • Fannie Mae, Freddie Mac got $7.9 billion in bank settlements in 2013

    WASHINGTON --  Fannie Mae and Freddie Mac collected $7.9 billion from large financial institutions to settle suits over bad mortgage-backed securities purchased by the seized housing finance giants during the subprime housing boom, their federal regulator...
  • Howls, hoots on N.Y. trading floors over 'Wolf of Wall Street' excess

    NEW YORK — Veteran stock trader Alan Valdes remembers the excesses of Wall Street during the 1990s: fat paychecks, drugs after hours and lavish spending on flashy cars. "The Wolf of Wall Street," Martin Scorsese's new portrayal of the notorious...