Goldman Sachs Topic

You’re Under Oath

April 29th, 2010 | 7 Comments

There’s a fascinating dual dramatic comedy being played out in the Senate, as the Party of NO tries desperately to halt financial reform on behalf of their Wall Street pals, while in the hearing room next door Goldman Sachs execs demonstrate why we so desperately need the reform. The most amusing (or tragic) exchange occurred [...]

What Recession?

July 18th, 2009 | 6 Comments

Goldman Sachs has recovered quite nicely from the recession they helped create. They’ve paid back the bailout money already, and freed from the strings that came with it, they’re rewarding themselves for their business prowess with executive compensation above pre-crash levels. How did they do it? By being smarter than the other banks. Oh, it’s [...]