Lloyd Blankfein

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Goldman execs get big 2009 fund payouts

Reuters US Online Report Business News 10 hours ago

NEW YORK (Reuters) - Goldman Sachs Group Inc <GS.N> CEO Lloyd Blankfein and other top executives, pressured by public outrage to slash their bonuses, still received tens of millions of dollars in distributions from an internal investment fund in 2009. Blankfein received ...

Goldman Sachs to Wall St.: Mind your own business!

Stockhouse 18 days ago

&lt;div id="subtitle"&gt;CEO may be seeing credit markets bottom&lt;/div&gt;&lt;div&gt;&lt;p&gt;Rumors that Goldman Sachs (NYSE: GS, Stock Forum) will have to raise more money have helped push its stock from $123 less than a month ago to $71 yesterday. &lt;/p&gt;&lt;p&gt;Wall St. wants to ...

No bonus this year for Goldman Sachs CEO Blankfein

AP News 18 days ago

<div id="subtitle">Blankfein and 6 other top Goldman Sachs executives opt out of 2008 bonuses</div><div><p>Goldman Sachs Group Inc. CEO Lloyd Blankfein and six other top executives at the bank will not be receiving cash or stock bonuses for 2008, a spokesman said Sunday.</p>< ...

Goldman Sachs CEO, six leaders give up 2008 bonuses

AFP Global Edition 18 days ago

<div><p>Goldman Sachs CEO Lloyd Blankfein and six company leaders have renounced their 2008 bonuses, a company spokesman said Sunday.</p><p>Blankfein and the other company directors requested the company's central committee in charge of bonuses not to make the payments due to the company's ...

Goldman board rejects shareholder demands on pay

Reuters US Online Report Business News 18 days ago

NEW YORK (Reuters) - Goldman Sachs Group Inc's <GS.N> board has rejected demands from shareholders that the firm investigate recent compensation awards, recoup excessive compensation and reform pay practices. Wall Street's dominant bank, criticized for paying billions of dollars in bonuses soon ...

RED INK ON THE STREET

BusinessWeek 19 days ago

<div><h1> RED INK ON THE STREET </h1><p>The financial crisis continues to make mincemeat of earnings at the last two independent investment banks. Both Goldman Sachs and Morgan Stanley managed to eke out profits for the year but were slammed by big losses ...

U.S. banks rush to raise capital

Reuters US Online Report Top News 20 days ago

<div><p>NEW YORK (Reuters) - Morgan Stanley and Wells Fargo sold more than $15 billion of shares and bonds, as the two companies rushed to the head of the line of banks looking to raise funds following government stress tests.</p><p>Bank of America Corp ...

US bank Goldman Sachs posts $3.44 bln profit

AFP Global Edition 21 days ago

<div><p>US banking giant Goldman Sachs on Tuesday posted a net profit of 3.44 billion dollars in the second quarter, widely topping market expectations for profit and revenue.</p><p>Revenues amounted to 13.76 billion dollars in the second quarter, the Wall Street company said.</p>< ...

Paulson, Goldman CEO spoke often in heat of crisis

Reuters US Online Report Top News 22 days ago

<div><p>WASHINGTON/CHICAGO (Reuters) - Former U.S. Treasury Secretary Henry Paulson talked often to the head of Goldman Sachs at the height of the credit crisis but did not actively seek to help the bank he once ran, a spokeswoman for Paulson said on ...

Goldman boss says anger over pay justified

Reuters US Online Report Business News 22 days ago

<div><p>FRANKFURT (Reuters) - The head of U.S. bank Goldman Sachs said on Wednesday that anger over bankers' pay was "understandable and appropriate," and that greater scrutiny of trade in complex instruments was needed to keep banks in check.</p><p>But with the banking sector ...

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