Tweeter is a 34-year-old former bond exec who never actually worked for Goldman
Goldman Sachs
Walmart and Protestors Clash Over Wages
Update: 9:15 p.m. EST on October 23, 2013
On Wednesday, OUR Walmart, a union-backed workers’ group held a press conference in Washington, D.C. protesting Walmart’s wages. In the conference, a representative from the group …
Sure, Go Ahead and Invest in Goldman Sachs’ Hedge Fund for Average Joes (Just Don’t Expect to Make Money)
Much attention has been paid lately to Goldman Sachs’ decision to “help” average folks (a.k.a. the 99% crowd) access the kind of high-stakes hedge funds once available only to the superrich (a.k.a. the 1%). And while all sorts of pundits and investor advocates have noted the folly of this and similar ideas, there’s a case to be made that …
Going Back to Work? Look for Companies Offering a ‘Returnship’
A thriving industry has sprung up around people 40-plus going back to work or switching careers. The newest wrinkle is something called a “returnship,” which is practiced at a handful of leading companies including Goldman Sachs and Sara Lee.
Viewpoint: How Wall Street Rigs the Game
If you watched the recent presidential debates or the Republican and Democratic conventions, you might have gotten the impression that the practices of Wall Street that led to the worst financial crisis since the Great Depression …
Uber: Silicon Valley App-Hailing Startup Takes On NYC Taxi Industry
San Francisco startup Uber’s ‘black-car’ mobile app has been a big hit with riders and drivers. But the company is running into a snarl of traffic as it tries to extend its service to New York City taxi-cabs.
The Accounting Trick Behind Thirty Years of Scandal
Once upon a time, New York City’s Times Square was plagued with Three Card Monte dealers who made their living bilking unsuspecting tourists out of their five and ten dollar bills with the aid of paid shills and a little …
Facebook Banker Morgan Stanley ‘Likes’ — But Doesn’t Love — FB Stock
Analysts at Facebook’s lead underwriter, Morgan Stanley, have set a price target of $38 on newly-public Facebook’s stock — just weeks after the Wall Street giant’s investment bankers took the social network public at that price. …
After Facebook Debacle, Can Investors Trust the IPO Process?
It’s been over a month since Facebook’s troubled initial public offering, and the fallout continues to reverberate from Wall Street to Capitol Hill. Angry shareholders have filed over 40 lawsuits against Facebook, its …
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Moody’s Downgrades — Should We Care?
You’d be forgiven for asking who cares about Moody’s downgrading yesterday of 15 of the world’s biggest banks, including giants like Credit Suisse, Morgan Stanley, Barclays, BNP Paribas, Citigroup, Goldman Sachs, JPMorgan Chase …
Who’s to Blame for the Facebook IPO Debacle? Federal Court May Decide
Technical errors caused by the Nasdaq stock exchange helped push down Facebook shares in early trading, the social networking giant suggested in a legal filing late Friday, turning what should have been a triumphant moment for …
Fallen Icon: Former Goldman Sachs Director Rajat Gupta Found Guilty
Former blue-chip honcho could face 20 years after conviction on conspiracy and three insider trading charges.