Topic: Goldman Sachs Group Inc.
Where’s the "Big Money" headed now?
Stockhouse
More reasons to be constructive on cyclical stocksThe remarkable week that just concluded actually began on February 12. Stocks plunged in the opening minutes of trading that morning as investors' faith in the global economic recovery was shaken. In China, policymakers again tightened monetary policy in a fight against rapid ...
Fed optimistic on changing Wall St pay
Reuters US Online Report Business News
WASHINGTON (Reuters) - The Federal Reserve expects the largest U.S. banks to make progress this year in overhauling their pay practices, while acknowledging that more dramatic changes may take longer to implement, a Fed official said on Thursday. Wall Street pay has been a frequent source of controversy in the ...
US Fed examines Goldman deals in Greece
AFP Global Edition
The US Federal Reserve is reviewing the role of Goldman Sachs and other firms to helped Greece hide its debt problems, chairman Ben Bernanke said Thursday. Bernanke said the central bank was examining Wall Street firms' transactions with Greek authorities that could have exacerbated Greece's fiscal woes. "We are ...
SEC examines destabilizing effects of CDS
Reuters US Online Report Business News
WASHINGTON (Reuters) - Securities regulators said on Thursday they are examining the potential abuses and destabilizing effects of credit default swaps, a financial instrument that can be used to speculate on an issuer's credit worthiness. The Securities and Exchange Commission comments come after Federal Reserve Chairman Ben Bernanke said regulators ...
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