GOLDMAN SACHS

Casa Berardi Project

Goldman Sachs Predicts Strong Year For Gold

Gold prices will continue to rise steadily throughout the next 12 months, as long as the U.S. economy maintains its tepid recovery, according to a note recently released by Goldman Sachs Group Inc.
Gold processing plant at Lihir Gold Mine

Gold Prices Slide Below $1,680

Gold prices slid below $1,680 an ounce on Wednesday, extending the previous day's retreat from two-week highs as the momentum sparked by expectations for further monetary easing faded after the metal failed to break through key resistance.
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File photo of Mark Zuckerberg

Facebook To Pay Banks 1.1% Fee For Managing IPO

Senior Facebook executives met Monday with analysts and bankers, but CEO Mark Zuckerberg didn't attend. The company's chief financial officer told attendees that Zuckerberg prefers to focus on developing Facebook's social-networking service.
Goldman Sachs

Goldman Sachs Cuts Jobs: Report

Goldman Sachs Group Inc has started reducing employees in the trading and investment banking divisions, it has been reported.
Raindrops are seen in front of an Apple logo outside an Apple store in Shanghai February 22, 2012.

Apple's Cook Finally Shares $98 Billion Cache

Apple Inc CEO Tim Cook, moving swiftly after taking over from late Silicon Valley icon Steve Jobs, fulfilled a longstanding desire of investors by initiating a quarterly dividend and share buyback that will pay out $45 billion over three years.
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Facebook underwriters to get 1.1 pct fee -source

Facebook will pay just a 1.1 percent fee to underwriters of its initial public offering, according to a source with knowledge of the company's plans, doling out a much slimmer than typical payout.
Goldman Sachs

Goldman Sachs Source Leaked Apple, Intel Secrets: Reports

A source at Goldman Sachs Group Inc. who has been neither charged nor identified in a broad U.S. insider-trading probe was heard via wiretap leaking secrets about Apple Inc. and the Intel Corp., an attorney for former Goldman Sachs board member Rajat Gupta said in court on Friday.
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SEC Offers Economic Analysis For Key Swaps Rule

The Securities and Exchange Commission Thursday released a new economic analysis that will be used to justify a critical final rule that will determine which companies will face new regulations of their derivatives trading.
Google homepage logos are seen on a wall at the Google campus near Venice Beach, in Los Angeles, California January 13, 2012.

Ex-Googler Does His Best Ex-Goldman Sachs Executive Impression – Says Google+ Destroying Company

James Whittaker, a Microsoft executive who recently left Google after about three years, posted his Why I Left Google tell-all on a Microsoft blog a day before Greg Smith had his scathing Goldman Sachs op-ed posted in the New York Times. The Smith op-ed has taken the Internet and news world by storm in the first 24 hours since being posted. A London based executive director for the investment banking giant Goldman Sachs, Smith fired off a searing report March 14 on the company's toxic and des...
Goldman Sachs have been fined again for trading non-public information

Goldman Sachs Loses $2.15 Billion of Its Market Value

The shares of Goldman Sachs dropped 3.4 percent in New York trading Wednesday, wiping $2.15 billion off its market value following allegations made by a former company executive that the firm took little interest in the clients and was also involved in exploiting them.
Greg Smith Goldman Sachs

Greg Smith Attacks Goldman Sachs: Is He A Hero, A Whistleblower Or Having A Midlife Crisis? [POLL]

Greg Smith did not choose the subtle approach for his exit from Goldman Sachs, where he had worked for 12 years. Instead, Greg Smith decided to post his resignation letter in The New York Times for the entire world to read. The resignation letter, entitled "Why I am Leaving Goldman Sachs," included scathing commentary on the "toxic" environment at the bank, its lack of "moral fiber" and the "muppets" who work there.

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