by | Nov 8, 2010 | Towing
Come the end of November, some 2 million jobless workers won’t be able to rely on their unemployment check unless Congress again extends the aid. But with the GOP regaining the House, the odds of that extension just got a lot l…
by | Nov 8, 2010 | Towing
Goldman Sachs (GS) economists defended Federal Reserve Chairman Ben Bernanke’s decision to pump billions of dollars into the economy, saying the move will boost economic growth.
The Fed’s plan to buy $600 billion of assets will improve growth and red…
by | Nov 4, 2010 | Towing
Wall Street traders, usually among the best-paid employees in the industry, may see drastic cuts in their take-home pay, Bloomberg News said.
Revenue in trading divisions has fallen by an average of 12% so far this year. Goldman Sachs (GS), which mak…
by | Nov 3, 2010 | Towing
24/7 Wall St. analyzed large real estate transactions in the U.S. to come up with a list of the top 10 biggest deals. They’re surprisingly homogeneous: All are in Manhattan, occurred in the past 10 years — and most are office …
by | Nov 2, 2010 | Towing
A federal judge refused a request by Fabrice Tourre of Goldman Sachs (GS) to dismiss an SEC fraud lawsuit, months after Goldman settled its part in the case for $550 million.
The lawsuit accused Goldman of creating collateralized debt obligations (CD…