goldman sachs group

    By Peter Cohan

    | 9:00PM 3/02/2011
    The Securities and Exchange Commission's insider-trading charges against Rajat Gupta, former head of consulting firm McKinsey & Co., comes as a shock to many. The news comes after another McKinsey director pleaded guilty to insider-trading charges in January. Should we expect more to come?

    By Vishesh Kumar

    | 10:30AM 2/28/2011
    Goldman Sachs drew some undeserved ire when it recently pointed to proposed cuts in federal spending as a key near-term risk. While the proposed cuts are modest, they could still undermine the rebound at a critical time.

    By Danny King

    | 6:15PM 12/10/2010
    A former Goldman Sachs computer programmer has been convicted of stealing trade secrets and property in an effort to help a Chicago-based startup develop its own high-frequency securities trading operations.

    By Danny King

    | 8:30PM 11/09/2010
    Investors have hit Goldman Sachs with a class-action lawsuit for allegedly failing to disclose that it would benefit if its debt products lost value. The investment bank -- and several others -- say more lawsuits are likely on the way.

    By Danny King

    | 4:50PM 10/19/2010
    Goldman Sachs Group cut its compensation outlays for the first nine months of the year by 21% from a year earlier. The giant investment bank reduced salaries and benefits when its earnings fell.

    By David Schepp

    | 10:17AM 10/11/2010
    Children's clothing retailer Gymboree (GYMB) has agreed to be acquired by private-equity firm Bain Capital Partners for $1.8 billion in an all-cash deal, the companies said Monday. Bain's offer values Gymboree stock at $65.40 a share, a 24% premium to Gymboree's closing stock price Friday....

    By Hugh Collins

    | 9:03AM 8/30/2010
    Axa (AXAHY), the largest investor in Goldman Sachs (GS), cut its stake by more than 50% in the second quarter as the bank dealt with civil fraud charges and flagging business. Axa, a French insurance and wealth management company, reduced its stake in Goldman from about 5% at the start of April...

    By Martha C. White

    | 5:00PM 12/25/2009
    As another year of jobs lost, homes foreclosed and budgets cut draws to a close in America, some of Wall Street heftiest fat cats are tipping the scales with their bonuses -- and pocketing your tax dollars at the same time. Sound unbelievable? Sadly, it's true, according to BusinessWeek. A recent...

    By Tom Johansmeyer

    | 1:40PM 12/21/2009
    The catastrophe bond market has fully recovered.

    By Tom Johansmeyer

    | 11:00AM 12/18/2009
    Sitting on a corporate board of directors has always been great work if you can get it, especially if it's with a company that's generous with board member compensation. These days, directors are feeling the heat to get some real work done.