Goldman Sachs Group Inc.

News

1. Earnings Report: Good Profits, Bad Revenues

   Fri, 26 Apr 2013

   cents of profit out of every dollar of revenue, compared with an average closer to 7 cents since 1979, according to Goldman Sachs research. Analysts expect this profit margin to reach 9.8 cents next year. Jeffrey Kleintop, the chief market
2. Chastened Banks Cuts Tens of Thousands of Jobs

   Thu, 25 Apr 2013

   their payrolls. In first-quarter earnings announcements this month, Bank of America, Citigroup, JPMorgan Chase, Goldman Sachs and Morgan Stanley revealed that they have slashed more than 31,000 jobs, or 3.5 percent of their combined workforce
3. Upcoming Shareholder Meetings for Banks

   Mon, 22 Apr 2013

   in its hometown of Charlotte, N.C. —New York-based Morgan Stanley meets May 14 in Purchase, N.Y. —New York-based JPMorgan Chase meets May 21 in Tampa, Fla. —New York-based Goldman Sachs meets May 23 in Salt Lake City.
4. Bank Meetings Shift to the City of Mormons

   Mon, 22 Apr 2013

   Wells Fargo and New York-based Goldman Sachs — are decamping from their hometown Salt Lake City a great venue. Goldman Sachs points out that Salt Lake City percent of the worldwide total. Goldman is big on the city. The location
5. Gold Investors Exit Amid Price Collapse

   Mon, 15 Apr 2013

   simply hasn't happened, and many investors have given up on gold, shifting funds out of precious metals. Last week Goldman Sachs issued a report, predicting gold prices would tumble. More volatility is expected in the days to come. Dish Network
6. Microsoft Working on Smartwatch Too, Says Report

   Mon, 15 Apr 2013

   been struggling to keep up with Apple and Google in the mobile phone and tablet space. Last week, when news that PC shipments plunged, Microsoft shares took a beating after Goldman Sachs issued a "sell" recommendation following the news.
7. 
   Gold Sell-Off Biggest In 30 Years

   Mon, 15 Apr 2013

   than $89 for West Texas crude, the lowest price since December, 2012. Silver is down and so is copper. Last week Goldman Sachs issued a report, predicting gold prices would tumble. Another factor is China's economy, which grew 7.7 percent

Videos

1. 
   U.S. Spending Up Despite Payroll Tax

   Mon, 29 Apr 2013

   but what we learned with this loan deal. Which by the way they're gone just tremendous terms triumph of hope and Goldman Sachs who got the debt underwriting But that gives them a lifeline and so the question six months ago three months ago to

   Goldman Sachs found at 5:48

   by the way they're gone just tremendous terms triumph of hope and Goldman Sachs who got the debt underwriting -- But that gives them a lifeline and so the question six months ago three months ago
2. 
   Goldman Sachs : Public Enemy No. 1

   Mon, 26 Apr 2010

   gets on so break it down for us in terms of what we have on tap this week in Washington. Goldman Sachs Goldman Sachs and maybe a little bit more Goldman Sachs public enemy number one is going to be in the headlines all week long here in Washington

   Goldman Sachs Goldman found at 0:48

   in terms of what we have on tap this week in Washington. Goldman Sachs Goldman Sachs and maybe a little bit more Goldman Sachs public enemy number one is going to be in the headlines all week long here in Washington. That is because on Tuesday the senate permanent subcommittee on investigations. Will be holding a very high profile hearing -- numerous Goldman executives -- be hearing from Goldman CEO Lloyd Blankfein also the man known as the fabulous -- that is Goldman trader for -- store today who is charged by the SEC. -- investor fraud He is going to be on Capitol Hill as well this story just keeps on getting bigger and bigger and Goldman is gonna come under a lot of fire on Tuesday you can bank on a lot of fireworks at that hearing. Out of the -- the panel released -- -- came out they have obtained as part of their investigation and Goldman but they reveal. They revealed that back in 2007. Right as the mortgage market was collapsing right as the US housing market was going down into the -- Goldman executives were boasting about the amount of money. They were making on the housing problems they were saying -- did did these
3. 
   Goldman Sachs Exec Greg Smith Resigns

   Wed, 14 Mar 2012

   An executive at Goldman Sachs is causing quite a stir today after read it's very unusual. We know Goldman has been vilified. Since financial that criticism in many ways this is Goldman Sachs had this response quote we disagree

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   An executive at Goldman Sachs is causing quite a stir today after tendering his resignation through an explosive New York Times op Ed piece. London based executive

   make the money is worth a read it's very unusual. We know Goldman has been vilified. Since -- financial crisis by politicians. You know everyday people. And here -- -- you have someone inside -- all that criticism in many ways this is -- -- -- Goldman Sachs had this response quote we disagree with the views expressed which we don't think reflect the way we run our business and
4. 
   Goldman Sachs Resignation Letter Controversy

   Wed, 14 Mar 2012

   president who called the culture Goldman Sachs . One of the giants of the center even a prime minister. Since Goldman Sachs commander recently proclaiming Is no Goldman Sachs and we have the support. Of our

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   the New York Times by a vice president who called the culture Goldman Sachs . One of the giants of the center of that bailout his former employer toxic and destructive. Here's ABC's Dan Harris. It is a global alliance wielding close to it. Million dollars in producing treasury secretary's governor's news anchors even a prime minister. Since Goldman Sachs commander recently proclaiming -- Is no Goldman Sachs and -- we have the support. Of our clients who are the public. Today though Goliath -- -- David Nash gates headed
5. 
   Goldman Sachs to Face the Senate

   Mon, 26 Apr 2010

   the most company on Wall Street Goldman Sachs . Today's shareholders filed suit against Goldman Sachs over the recent charges against today the opening sellable from Goldman Sachs on the eve of what's expected

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   the most loved most hated the most -- company on Wall Street Goldman Sachs . Today's shareholders filed suit against Goldman Sachs over the recent charges against the firm and tomorrow. Much of the nation will be watching -- sort of showdown on Capitol Hill as senators. Armed with Goldman's own emails -- the company's legendary CEO. David Muir has learned how the company will respond. Late today the opening sellable from Goldman Sachs on the eve of what's expected to be a grilling -- CEO Lloyd Blankfein. We -- the CEO Walt -- taxpayers for the bank bailout. Noting that Goldman has paid it all back. -- interest. -- -- also talk about the DD SEC charged his bank. -- duping investors selling

   be -- absolutely but -- final have to explain emails from inside Goldman Sachs about his bank betting against the mortgage market was called shorting mortgages what executive writing sounds like we'll make some serious money.

   can actually peel off the veneer and see what goes on beneath Goldman Sachs and he's gonna have to address them and I and that's relatively rare. The battle lines drawn tonight is Goldman Sachs CEO consider the most powerful man on Wall Street prepares to go to Capitol Hill to defend the bank. Diana -- to
6. 
   Goldman Sachs Fights Back

   Mon, 19 Apr 2010

   Financial titan Goldman Sachs is facing charges of fraud David and some of that sales literature Goldman Sachs used to push that mortgage product circulated inside investment giant Goldman Sachs . We believe that the firm's actions

   Goldman Sachs found at 0:01

   Financial titan Goldman Sachs is facing charges of fraud David Muir is here with all of -- Davis. -- as you know we get our hands and some of that sales literature Goldman Sachs used to push that mortgage product. It into sections on risk in the clip disclaimers we found no mention that the product had been partly engineered. But another Goldman client who was allegedly hoping it would fail tonight there are new signs Goldman plans to come out swinging. Today we learned of fighting words in a memo circulated inside investment giant Goldman Sachs . We believe that the firm's actions were entirely appropriate and we'll take all steps necessary to defend the firm. Those words come -- -- bombshell allegations that Goldman duped clients into investing in a -- -- product put together by another one of Goldman's own clients. Hedge fund giant John -- who was allegedly looking to profit when that product then failed. Federal regulators say investors lost a billion dollars while that hedge fund chief -- -- billion. -- taking on Goldman Sachs though the SEC. Is taking on Wall Street's giant a bank with long powerful tentacles. Two recent treasury secretaries came from the bank secretary Robert Rubin and secretary Hank Paulson. A lot of people out there are going to ask with Goldman is this just the first shoe to drop. Regulators politicians the public are out for scalps and Coleman is the biggest scalp -- -- -- Goldman Sachs knew -- that over the weekend a voice -- from Goldman CEO Lloyd Blankfein left for employees. The extensive media coverage on the SEC's complaint is certainly uncomfortable. But given the anger directed at financial services not completely surprising. Inside the bank of -- Goldman is being made a scapegoat for the kind of product that was pushed by -- of the big investment banks. And there is concern over maintaining their most powerful commodity their clients' trust how many people within the bank truly new. About this investment this it was not a secret -- is interesting to see is where -- The senior people -- One legal -- said this is going to be war Goldman doesn't play nice everybody knows that they actually. Usually feel that they don't have to answer to anyone. In fact. Late today
7. 
   Goldman Sachs Under Fire Over E-Mails

   Sun, 25 Apr 2010

   of newly released emails from Goldman Sachs executives suggest that they made south newly released emails show Goldman Sachs was already betting against the falling market see how you can hold Goldman Sachs responsible in a negative way

   Goldman Sachs found at 0:04

   Street's biggest bank once again under fire of newly released emails from Goldman Sachs executives suggest that they made huge profits from the mortgage mess even though they said they didn't. This comes just days before the company CEO heads to Washington for a senate hearing that -- -- to be very heated. David Curley is on Capitol Hill with the latest good morning David. More -- -- of these emails paint a picture of a company betting against the mortgage market the question is did that action in the action of other companies. Helped trigger the economic crisis as a senator charges. As the housing market was headed south newly released emails show Goldman Sachs was already betting against the market. What we do is risk management. Unit 2007 email -- CEO of Goldman tells colleagues quote we lost money. Then made more than we loss because of shorts also it's not over. A short is getting an investment will lose value or fail and Goldman did that even with products it sold to clients. -- -- -- -- Betting against the financial instruments that they sold. And profiting at the expense of their clients. Senator Levin released these emails saying while Goldman claims it lost money on the mortgage mess. It actually made a lot of money and made the meltdown worse. On Tuesday He will question Goldman executives about this email bet against mortgages quote sounds like we'll make some serious money. And another in which the company is betting against a product it back. Quote we make five million dollars Goldman is fighting back ferociously saying quote we did not make a significant amount of money in the mortgage market. And that the committee quote cherry picked just four emails. One observer says Goldman was smart defend against a falling market -- see how you can hold Goldman Sachs responsible in a negative way for that that was a good thing to do for their shareholders a good thing to do for their creditors. This comes just a week after the Securities and Exchange Commission filed a lawsuit against Goldman for -- product it's sold. And days before the president's financial reform bill. Is expected to come up for a vote in congress. Two put Goldman Sachs in the in the cross hairs you know a week before you know you bringing the financial reform legislation to a vote after two years of wrangling about it is brilliant politics. With Goldman Sachs swinging back -- the SEC and senator -- there could be plenty of fireworks here on Capitol Hill when -- executives come