GOLDMAN SACHS

Wall Street down on Goldman probe, GDP data

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U.S. stocks fell on Friday as shares of Goldman Sachs tumbled on reports of a federal probe into the Wall Street powerhouse and after first-quarter gross domestic product came in weaker than expected.
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U.S. starts criminal probe into Goldman: source

Federal prosecutors in New York have begun investigating Goldman Sachs Group Inc, raising the possibility of criminal charges against the company or its employees, a source familiar with the situation said on Thursday.
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Goldman, other banks to face munis case

Goldman Sachs & Co, Citigroup Inc and other high-profile banks must defend against allegations by 15 California cities and counties that they conspired to rig bids for municipal investment contracts and derivatives, a U.S. judge ruled.
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Pay czar says pay influenced Goldman's bets

The Obama administration's pay czar said on Thursday that the lure of fat paychecks influenced Goldman Sachs Group Inc's bets against subprime mortgages before the market collapsed during the financial crisis.
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Goldman set to settle SEC fraud case soon: report

Goldman Sachs may soon settle its fraud case with the U.S. regulator, the New York Post reported on Thursday, opting to end a legal fight rather than endure a repeat of the public flogging it received this week.
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Goldman in talks over fund settlement: report

Goldman Sachs Group is in talks over a possible settlement with an Australian fund that said it became defunct after it bought into a $1 billion subprime mortgaged-linked security, the FT reported on Thursday.
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BofA names Holliday as chairman

Bank of America Corp named DuPont's long-time chief executive, Charles Holliday, as its chairman on Wednesday, hours after the largest U.S. consumer bank concluded its 2010 annual meeting.
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Goldman stock dead money at best, Calamos says

Calamos Investments sold its Goldman Sachs Group Inc holdings when the news of the civil fraud charges against the bank hit, fearing the stock was at best dead money, Co-Chief Investment Officer Nick Calamos said on Wednesday.
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Goldman CEO faces blistering attack over ethics

Goldman Sachs CEO Lloyd Blankfein faced a blistering cross-examination from U.S. lawmakers over why the investment banks' sales team felt they could sell securities to clients while believing they were crap and betting against them.
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Goldman says not to blame for crisis

Goldman Sachs executives tried to fend off accusations they inflated the housing bubble, sold clients shi**y deals and made billions off the market's collapse, in a high stakes Senate hearing.
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Goldman fends off accusations of exploiting bubble

Lower level Goldman Sachs executives tried to fend off accusations they inflated the housing bubble, sold clients shitty deals and made billions off the market's collapse, in a high stakes Senate hearing.
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Greece woes, Goldman case sink Wall Street

U.S. stocks tumbled on Tuesday as downgrades of Greece and Portugal fueled fear about euro-zone economic stability, and a grilling of Goldman Sachs on Capitol Hill heightened the possibility of financial reform.
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Wall Street falls as euro-zone debt, Goldman weigh

U.S. stocks fell on Tuesday as downgrades of Greek and Portuguese debt reignited fears of defaults in the euro zone, while a grilling for Goldman Sachs on Capitol Hill raised the specter of tough financial reform.
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Senate panel says Goldman boosted housing bubble

Goldman Sachs executives strove to fend off accusations they helped inflate the housing bubble and then made billions off of its collapse, in a high-stakes Senate hearing that shined a harsh spotlight on the powerful investment bank's trading practices.
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Goldman's Tourre: Bank and I didn't mislead anyone

Goldman Sachs Group Inc's Fabrice Tourre, accused of creating a product that led to a U.S. Securities and Exchange Commission civil fraud lawsuit, on Tuesday denied the regulator's charges and allegations that he or the bank misled investors.

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