Tag Archive for GOLDMAN

Earnings Report: Goldman Sachs Blows Out Estimates, Earning $3.3 Billion Amid SEC’s Fraud Case

Earnings Report: Goldman Sachs Blows Out Estimates, Earning .3 Billion Amid SEC's Fraud Case

Goldman Sachs (NYSE:GS) reported fiscal Q1 earnings of .3 billion with its trading business again outperforming the rest of the financial industry. The better-than-anticipated earnings comes as a welcomed relief as the investment bank struggles to maintain its respected name in the wake of an SEC fraud case.

Goldman reported its quarterly EPS came in at .59, blowing past consensus estimates of .01.

Revenues in the quarter surged 35.5% year-over-year to .78 billion, vs. consensus estimates of .2 billion.

The company said it set aside 43% of revenue in order to pay expenses from employee salaries and bonuses, down from 50% for the same period last year.

“In light of recent events involving the firm, we appreciate the support of our clients and shareholders, and the dedication and commitment of our people,” said the bank’s CEO Lloyd Blankfein.

Sally Kohn on Goldman Sachs’ 1st Quarter Corrupt Bonuses

http://movementvision.org What else could we do with .5 billion in bonuses Goldman Sachs is giving its employees for the first three months of 2010? You’d …
Video Rating: 5 / 5

Wall St Burning Man Fertility 2.0 Bank of Un-America Merrill Lynched Goldman Sucks Chaos Manhattan

All in all, this project will took around 50 people throughout three months of laborious volunteer work and about 0000 (yes, real live money) to build. T…
Video Rating: 4 / 5

Obamas housing plan will reward people who lived beyond their means and took excessive debt. Why should you be a sucker and continue to pay your mortgage whe…

TOTAL RECALL – Symposium – Nick Goldman – EN

Mathematician and zoologist Nick Goldman teams up with artist Charlotte Jarvis to consider the prospects of someday using DNA as the perfect data storage med…

Matt Taibbi on Bank of America Fraud and Resignation of Goldman Sachs Exec Greg Smith

In his new article, “Bank of America: Too Crooked to Fail,” Rolling Stone reporter Matt Taibbi chronicles the remarkable history of the rise of Bank of Ameri…
Video Rating: 4 / 5

Why I Left Goldman Sachs: Greg Smith on Business Ethics & the Financial Services Company (2013)

Why I Left Goldman Sachs: Greg Smith on Business Ethics & the Financial Services Company (2013)

In his March 2012 resignation letter, printed as an op-ed in The New York Times, the former head of Goldman Sachs US equity derivatives business in Europe, t…

News Update: Former Goldman Sachs Female Employees Accuse Bank Of Gender Discrimination

“Goldman Sachs (NYSE:GS) was sued by three former female employees who are alleging they faced discrimination in pay and received fewer opportunities for pro…
Video Rating: 0 / 5

This Morning: Goldman Ups Twitter Target to $65, Juniper Surges on Activism

Collect Pond Park
Appliance Recall
Image by Hobo Matt
The Parks Department has plans to rehydrate this little downtown plaza that lies within the historical boundaries of Collect Pond, one of the city’s primary water sources for more than 150 years. As you may recall, we previously learned about the canal that was built to drain Collect Pond in the early 1800s after it had essentially become an open sewer, polluted beyond hope.

Once emptied, the pond was filled in with dirt from the surrounding hills, including Bayard’s Mount, formerly the highest point in lower Manhattan. New homes were built on the site, but the landfill was not well engineered, and poor drainage caused the ground to subside, leaving the area swampy and stagnant. The wealthier residents moved away, poor immigrants flooded in, and the neighborhood became the notorious slum known as Five Points.

We happened upon the current version of the Tombs earlier today; its first incarnation was built atop the former pond in 1838 on a raft-like foundation "imbedded in quicksand". The Prison Association of New York’s 1895 annual report delivered a searing condemnation of conditions at the jailhouse:

Such treatment of dogs would be gross cruelty; and when it is considered that the men so treated have not been convicted, and in many instances never are convicted of any crime, and that the prison is only intended to be a place for safe detention and not a place for punishment, no language which can be employed can be too severe in denunciation of such an infamy. The Tombs prison, as it has existed for years past, is a disgrace to the city of New York. It ought to be immediately demolished. It cannot be made decent. It is defective in every modern appliance. It is dark, damp and ill-ventilated.

A new facility, with a much more substantial foundation, was built in 1902 to take its place; remnants of that foundation were recently discovered by workers during construction here at Collect Pond Park.

This Morning: Goldman Ups Twitter Target to , Juniper Surges on Activism
You'll recall that last Wednesday, Elliott last week offered $ 19 per share to buy fellow networker Riverbed Technology (RVBD). ISI Group's Brian Marshall, who has a Strong Buy on the stock, and a $ 28 price target, writes … writing that “one of the …
Read more on Barron’s (blog)

Use strong passwords and install antivirus, mmkay? UK.gov pushes awareness
The site is full of drop down lists and colourful graphics that recall public information films of yesteryear. The £4m campaign is led by the Home Office, funded by the National Cyber Security Programme, and delivered in partnership … Ron Gula, chief …
Read more on Register

JPMorgan Chase & Co. (JPM), Goldman Sachs Group Inc (GS): The Sky's the

JPMorgan Chase & Co. (JPM), Goldman Sachs Group Inc (GS): The Sky's the
Bloomberg published early Monday an inside look at Bank of America Corp (NYSE:BAC)'s foreclosure practices, profiling a slew of contractors hired by Bank of America to process complaints regarding its participation in the Home Affordable Modification …
Read more on Next iPhone News

Bank Mortgage Foreclosure Fraud “I’ll HIDE You” ….AIG GOLDMAN SACHS BAILOUT FRAUD

http://stopforeclosurefraud.com/ I am not a pro at editing!! Song by Kosheen- “I’ll hide you” LISTEN TO THE LYRICS! WATCH THE STORY. Here I will show you how…
Video Rating: 3 / 5