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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 67-77
  • Facing shareholder pressure, Emulex may cash in its chips

    Emulex Corp. in Costa Mesa designs and makes chips that help data move faster through computer servers and storage networks. The company's Ethernet and Fibre Channel products have been built into the server and storage products of such well-known...
  • Wall Street CEOs meet with Obama, warn of harm from debt-limit battle

    Wall Street CEOs meet with Obama, warn of harm from debt-limit battle
    WASHINGTON -- Top Wall Street chief executives met with President Obama on Wednesday and warned of severe economic consequences if the standoff over the federal budget and debt limit is not ended soon.  Goldman Sachs Chief Executive Lloyd Blankfein said...
  • Finance executives warn Washington not to risk a government default

    Finance executives warn Washington not to risk a government default
    WASHINGTON — To Wall Street, the partial government shutdown is another unfortunate economic speed bump caused by partisan political fighting. Failure to raise the debt limit, triggering a first-ever federal default, would be a brick wall on the...
  • Obama keeps Congress at arm's-length in government shutdown

    WASHINGTON — In 2011, with the government dangling on the edge of default, President Obama and House Speaker John A. Boehner (R-Ohio) engaged in nearly daily negotiations. There were regular phone calls, talks and red wine at the White House....
  • Treasury warns default could cause worse financial crisis than 2008

    Treasury warns default could cause worse financial crisis than 2008
    WASHINGTON -- A federal government default caused by a failure to raise the debt limit could trigger a worse financial crisis than in 2008, the Treasury Department said Thursday in a report designed to pressure Congress to act before the Oct. 17 deadline....
  • 'Piolín' hopes to reboot his career

     'Piolín' hopes to reboot his career
    Barely three months ago, Eddie "Piolín" Sotelo's Spanish-language radio career appeared to be derailed. He had lost his popular "Piolín por la Mañana" morning program amid allegations of sexual and emotional harassment by a male co-worker. In the days...
  • BofA's legal costs mount in Countrywide mortgage fiasco

    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

    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...
  • After a building boom, solar energy's prospects now aren't as sunny

    After a building boom, solar energy's prospects now aren't as sunny
    Five years after the Obama administration's renewable energy initiative touched off a building boom of large-scale solar power plants across the desert Southwest, the pace of development has slowed to a crawl, with a number of companies going out of...