From the category archives:

Goldman Sachs

Who Leaked the News About the Goldman Settlement?

July 15, 2010

When the SEC filed civil charges against Goldman Sachs last April, we postulated that the end game would be: …one of those vague and disappointing resolutions for which the SEC has become famous, as discussed here,  whereby the defendant company’s shareholders pay a pile of money as a penalty for what management did (but for [...]

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Goldman’s Exhibits of Wall Street Insincerity

April 28, 2010

Collectively, in their pivotal appearance before Congress, Goldman’s top performers could not muster the sincerity, transparency or gravitas of a used car salesman.  It is unlikely to play well on Main Street. Nothing illustrates the folly and arrogance of Wall Street more than the appearance of the Goldman Sachs executives who testified yesterday before the [...]

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Goldman’s Kryptonite?

April 19, 2010

How is it Goldman felt it necessary to warn shareholders that enforcement actions can have a negative impact upon the company’s business in the abstract, but apparently felt no need to reveal the material fact that it had been formally alerted by the SEC to an investigation? In the greatest financial meltdown since the 1930s, [...]

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Godman Sachs?

November 10, 2009

One of the dangers of excessive pay is that it tempts CEOs to think that maybe they really are god-like superheroes.  But few have actually boasted about the role like Goldman Sachs’ s Lloyd Blankfein. It has been a consistent view of these pages, and one much longer voiced by its author over some two [...]

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Watching The Wall Street Journal Watching Us

November 17, 2007

Finlay ON Governance made it into the WSJ’s online edition yesterday in connection with our post below about Goldman Sachs –or at least the flattering portrayal of that institution by The New York Times. The Rupert Murdoch effect is already showing. I was quoted in the New York Post a few days ago too. I [...]

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Goldman Sachs –And Hold the Sugar

November 16, 2007

There was one of those syrupy pieces in The New York Times business section the other day that I can read only so long before an overdose of sugar in the blood forces me to look for the antidote. This time, it was about the wonder and magic of Goldman Sachs, which, they say for [...]

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