goldman sachs group
| 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?
| 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.
| 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.
| 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.
| 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.
| 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....
| 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...
| 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...
| 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.