LLOYD BLANKFEIN

IBTimes Logo

Moody's analysts: we were bullied for rosy ratings

Some former Moody's analysts said they felt intimidated by bosses to assign rosy ratings to risky debt products, according to testimony to a government panel probing the causes of the financial crisis.

Buffett, Moody's CEO rate a date on market crisis

IBTimes Logo
Legendary investor Warren Buffett appears this week before a commission searching for the causes of the 2008 financial crisis, to provide his assessment on the role a much-maligned credit rating industry played.

Morgan Stanley's Mack gets a 150 percent raise

IBTimes Logo
Morgan Stanley Chairman John Mack, who has said Wall Street's high pay packages show that the industry is out of touch with mainstream America, is receiving a 150 percent base salary increase to $2 million.
More news
IBTimes Logo

Goldman plans rigorous self-examination: CEO

Goldman Sachs Group Inc , accused of fraud by the U.S. government, will undertake a rigorous self-examination, its CEO Lloyd Blankfein said at the investment bank's annual shareholder meeting on Friday.
IBTimes Logo

Goldman CEO calls for self-examination

Goldman Sachs Group Inc Chief Executive Officer Lloyd Blankfein called for the besieged company to undertake a rigorous self-examination, at the annual shareholder meeting on Friday.
IBTimes Logo

Former execs paint Bear Stearns as victim

Former Bear Stearns executives said the firm became the first major victim of the financial crisis due to unfounded rumors, not because of risky exposures to mortgage-related products with free-falling values.
IBTimes Logo

Feisty Buffett supports Goldman, high on economy

Warren Buffett on Sunday intensified his feisty defense of a controversial mortgage transaction marketed by Goldman Sachs Group Inc , saying the investment bank's behavior does not warrant public fury.
IBTimes Logo

Buffett stands by defense of Goldman transaction

Warren Buffett on Sunday stood by his feisty defense of a controversial mortgage transaction marketed by Goldman Sachs Group Inc, saying the investment bank's behavior did not warrant public opprobrium.
IBTimes Logo

Buffett strongly defends Goldman; Berkshire net up

Warren Buffett on Saturday launched a strong defense of Berkshire Hathaway Inc's $5 billion investment in Goldman Sachs Group Inc and the investment bank's embattled chief executive, Lloyd Blankfein.
IBTimes Logo

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.
IBTimes Logo

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.
IBTimes Logo

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.
IBTimes Logo

Senate plans third vote on banking reform

U.S. Senate Democrats sought to break a stalemate over their sweeping reform of financial regulation on Wednesday, planning a third vote in as many days as Republicans held out for a compromise bill.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.