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Short Memories at Goldman
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Goldman is no longer aprivate partnership. It is apublicly traded firm. Which publicky traded firm pays 50% of its profits as bonuses, asks Joe Nocera of the NYT. And which publicly traded firm can do so with the knowledge that the government would never let it fail. And he asks wasn't it the cheap money that Goldman had access to that was abig source of its large profits. And at the point when Goldman was allowed to become abank holding company along with Morgan Stanley were there no trepidations at Goldman that the firm might fail?
Goldman Sachs CEO Blankfein.
10/10/2009
Goldman and its CEO continue to be unpopular with a public that is unhappy with the government help to the banks. Large bonuses make the situation even worse.
Grouped Articles
Goldman Bets Less and Takes Hit
Wall Street Journal 07/20/2011
Wall Street Journal 07/23/2013
Senior Executives at Goldman Had a Role in Mortgage Unit
New York Times 04/18/2010
Wall Street Journal 04/20/2010
Exit Shows Blankfein Still Rows Goldman
Wall Street Journal 10/22/2013
A Moot Effort to Burnish the Reputation of Goldman Sachs
New York Times 10/23/2013
Goldman Sachs analysts marketing its products and providing research- in dual roles.
10/14/2009
Is Goldman promoting another bubble and investments of speculative nature, when investments in the nation's future, in infrastructure, technology and other productive investment is badly needed to secure America's future?
Grouped Articles
Steven Pearlstein - Don't Reinflate the Old Bubbles
Washington Post 10/14/2009
Goldman's Soft Sell: Its Warm, Fuzzy Side
Wall Street Journal 10/15/2009
Bailout Helps Fuel a New Era of Wall Street Wealth
New York Times 10/17/2009
New York Times 10/24/2009
New York Times 11/11/2009
BlackBerry Readies iPhone Challenge
Wall Street Journal 08/03/2011
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