Topic: Goldman Sachs

So What Were Bloomberg Reporters Using Those Terminals for Anyway?

AP

Investigations are being launched by the Treasury Department and the Federal Reserve to see if their employees were spied on by Bloomberg reporters, too. But they may find Bloomberg reporters didn't always use the terminals to get scoops. They used them for fun on slow days, instead. 

By Philip Bump

May 10, 2013

Why Billions Are at Stake in the Bloomberg Terminal Privacy Problem

Goldman Sachs was not happy to learn that Bloomberg News reporters had access to information about the working hours and news habits of its staff via the terminals it leases from Bloomberg. And given the money at stake, Bloomberg was probably even less happy.

Comments | 3,441 Views

By Rebecca Greenfield

Mar 1, 2013

Instagram Reveals the Great Goldman Party of 2013

For the first time since 2006, Goldman Sachs hosted one of its famous partners galas, and we know all about the lavish affair thanks to... Instagram, meaning the recession has officially ended and photo sharing apps are legitimate reporting tools.

Comments | 1,462 Views

By J.K. Trotter

Feb 4, 2013

Today's Best

Five Best Monday Columns

Michael Lewis on Goldman Sachs, Steve Kornacki on the remaking of the GOP, Charles C.W. Cooke on Black History Month, Jennifer Vanasco on pedophilia in the Boy Scouts, and Michael Tomasky on the paranoia of the NRA.

Comments | 3,449 Views

By David Wagner

Nov 15, 2012

Today's Best

Five Best Thursday Columns

Ezra Klein on tax reform, Alex Pareene on Republican rebranding, Amy Davidson on military sex scandals, Emer O'Toole on Savita, and Stephen Gandel on Goldman Sachs.

Comments | 2,759 Views

By David Wagner

Oct 22, 2012

Much Ado About Why Greg Smith Left Goldman Sachs; Amazon's Making No Friends

Today in books and publishing: Conflicting takes on Why I Left Goldman Sachs; Amazon "are not pleasant people to do business with"; the genre markings of literary fiction; Animal Farm to be filmed. 

Comments | 1,724 Views

By Rebecca Greenfield

Oct 19, 2012

What's Been Revealed So Far from Greg Smith's Maybe Not-So-Revealing Goldman Sachs Book

Photocopied excerpts of Why I Left Goldman Sachs: A Wall Street Story the tell-all by former Goldman Sachs employee Greg Smithwho quit the finance firm in a New York Times op-ed, have started making their way around Wall Street, before the book's official release on Monday.

Comments | 919 Views

By David Wagner

Sep 13, 2012

Monica Lewinsky Needs a Publisher; 'No Easy Day' Topples 'Fifty Shades'

Today in books and publishing: SEAL's nudges Fifty Shades off top spot; Lewinsky shopping book; iTunes is Vagina-shy; former Goldman banker gets memoir deal.

Comments | 3,276 Views

By Adam Martin

Jun 5, 2012

Goldman's Latest Layoffs Target its Bonus Takers

The latest round of layoffs at Goldman Sachs was small, just 50 staffers, but it was notable for who got cut: not rank-and-file workers but some people with big titles and, of course, big bonuses.

Comments | 1,559 Views

By Alexander Abad-Santos

Apr 25, 2012

Lloyd Blankfein Has 30,000 Workers Who Think Goldman Sachs Is Just Fine

Lloyd Blankfein, the CEO of Goldman Sachs, doesn't do live television very often but he was booked both CNBC and Bloomberg this morning, exciting financial reporters and observers.

Comments | 632 Views

By Adam Martin

Apr 11, 2012

Laughing With (and at) Fox's Report on the Goldman Sachs 'Muppet Hunt'

The news that 98 percent Goldman Sachs employees' emailed "muppet" mentions were reference to the recent Jason Segal movie or intra-office name-calling is funny enough without mocking the reporter who brought us such a giggly scoop.

Comments | 2,056 Views

By Adam Martin

Apr 2, 2012

Goldman Sach's Backpage Panic Is Real, Costly

It's not quite enough to make one feel bad for Goldman Sachs, but the panic kicked off by Nicholas Kristof's reporting on the investment bank's stake in Backpage.com was so obvious we're inclined to believe the firm might not have known the extent of the site's alleged facilitation of sex trafficking.

Comments | 3,526 Views

By Adam Martin

Mar 30, 2012

Greg Smith Will Get Three Years' Salary For Goldman Sachs Book

It pays to be bitter, if you choose the right target, and Greg Smith certainly did with Goldman Sachs.

Comments | 1,325 Views

By Alexander Abad-Santos

Mar 28, 2012

Greg Smith's Memoir May Double His Goldman Sachs Salary

If we're to believe The New York Post, it appears the bidding war for ex-Golman Sachs executive and New York Times'  op-ed writer Greg Smith's memoir is about to scratch the $1 million mark--roughly double Smith's salary while working for the Vampire Squid.

Comments | 1,625 Views

By Ray Gustini

Mar 27, 2012

Briefly Behold the New 'Total Recall'; The Muppets Take Goldman Sachs

Every day The Atlantic Wire highlights the video clips that truly earn your five minutes (or less) of attention.

Comments | 1,744 Views

By Ray Gustini

Mar 22, 2012

What the Tweet?

Cate Blanchett, Tim Tebow, and the Private War of Louis Armstrong

After a day of staring at Twitter, we're sharing our favorite tweets that made no sense.

Comments | 1,216 Views

By Adam Martin

Mar 22, 2012

Goldman's Going on a 'Muppet' Hunt

Goldman Sachs is going to search through its employees' emails for any mentions of the word "muppet" to make sure they're not mistreating clients, which seems like a silly way to enforce good conduct.

Comments | 406 Views

By Adam Martin

Mar 16, 2012

Mayor Bloomberg Proud of Bloomberg's Coverage of the Goldman Sachs Op-Ed

New York Mayor Michael Bloomberg is very disappointed in the way the media has handled the story of Goldman Sachs executive Greg Smith's very public (and very expensive) resignation, except for one outlet. Hint: It's the only news wire named for a billionaire.

Comments | 1,594 Views

By Alexander Abad-Santos

Mar 15, 2012

Op-Ed Cost Goldman Sachs $2.15 Billion Yesterday

Greg Smith's unflattering glimpse into Goldman Sachs' corrupt culture triggered a financial blow to the firm Wednesday, as the company lost $2.15 billion of its market value, making Smith's 1,283-word op-ed worth a whopping $1.675 million per word.

Comments | 15,519 Views

By Cora Currier, ProPublica

Mar 14, 2012

13 Reasons Goldman’s Quitting Exec May Have a Point

There have obviously been plenty of unflattering headlines about Goldman in the past few years. We decided to look at just one aspect of their record: SEC charges levied against Goldman and its employees over the past decade.

Comments | 2,610 Views

By Dino Grandoni

Mar 14, 2012

Backlash Against Goldman Sachs Op-Ed Writer Begins in Earnest

Rumors are already starting to fly out of Goldman Sachs that Greg Smith, who resigned from the investment bank in the pages of The New York Times, was a small-time employee upset over his small bonus, which only confirms the cutthroat corporate culture Smith accused the company of perpetuating. 

Comments | 5,819 Views

By Dashiell Bennett

Mar 14, 2012

Goldman Sachs Exec Resigns via Angry New York Times Op-Ed

Calling the environment he works in "toxic and destructive," an executive director of Goldman Sachs announced he's quitting the firm today because he can no longer stomach what his beloved company has become.

Comments | 11,136 Views

By Ray Gustini

Feb 21, 2012

The Smart Set

Jessica Biel's Press-Shy Engagement Ring; David Geffen Is Single

Also: Monaco's Prince Pierre Casiraghi might have started the New York City bar fight in which his jaw was broken, Chelsea Handler's famous friends supposedly don't care for her, and former Village Voice film critic Jim Hoberman has a new job.

Comments | 12,562 Views

By Eric Randall

Feb 6, 2012

Goldman CEO Is Just the Latest Pro-Gay Marriage Capitalist

Goldman Sachs CEO Lloyd Blankfein attracted notice Monday when the Human Rights Campaign posted a 30-second video on the Web that features his endorsement of same-sex marriage.

Comments | 1,517 Views

By Dashiell Bennett

Jan 20, 2012

An "Ugly" Bonus Day at Goldman Sachs

Yesterday was Bonus Day at Goldman Sachs, when nervous employees learned the fate of their year-end paychecks.

Comments | 5,173 Views

By Dino Grandoni

Jan 9, 2012

Pay Cuts Are Coming at Wall Street Banks

We heard murmurs late last year that pay at Wall Street firms will be way down for 2011 -- and now, as banks are finalizing their end-of-year bonuses, we're getting indication that the cuts will be pretty drastic.

Comments | 1,328 Views

By Erik Hayden

Dec 13, 2011

Matt Taibbi, Coiner of 'Vampire Squid,' Is Tired of Its Ubiquity

Matt Taibbi, who used the phrase "vampire squid" when referring to Goldman Sachs in a 2009 Rolling Stone article, was not proud of his creation in an interview with Dealbook's Kevin Roose.

Comments | 2,586 Views

By Adam Martin

Dec 12, 2011

The Story Behind Occupy Wall Street's Newest Tactic: 'Squidding'

One of the reasons Occupy Wall Street has been so notable is the movement's often outrageous creativity in coming up with protest tactics, and their latest one is one of the strangest and most specific.

Comments | 8,300 Views

By Adam Clark Estes

Dec 9, 2011

Occupy Princeton Hijacked a Goldman Sachs Recruiting Event

On Wednesday and Thurday night, Occupy Princeton protesters visited information sessions for J.P. Morgan and Goldman Sachs, respectively.

Comments | 7,317 Views

By Adam Clark Estes

Nov 3, 2011

Why IPO's Must Always Go Pop

As Groupon's gearing up for it's long-awaited initial public offering on Friday, Business Insider editor Henry Blodget explains why Goldman Sachs is promoting the notion that it's "oversubscribed."

Comments | 1,399 Views

By Alexander Abad-Santos

Oct 18, 2011

Goldman Sachs Lost $428 Million Last Quarter

Goldman Sachs, the U.S.'s largest investment bank, lost $428 million during its third quarter, reports Reuters. 

Comments | 787 Views

By Erik Hayden

Sep 27, 2011

Goldman Sachs Mulling Layoffs, Smaller Drinking Cups

The bank is serious about implementing it's $1.2 billion dollar cost-cutting measures

Comments | 1,585 Views

By Ray Gustini

Sep 7, 2011

Lars Von Trier Puts His Cannes Nazi Joke in Proper, Offensive Context

Plus: Meryl Streep, Yo-Yo Ma among this year's Kennedy Center honorees

Comments | 1,432 Views

By John Hudson

Sep 2, 2011

By Connor Simpson

Sep 2, 2011

Overseer of Fannie and Freddie to Sue Big Banks

Misrepresented loans yield another batch of lawsuits, this time from a housing authority

Comments | 2,242 Views

By Adam Clark Estes

Sep 1, 2011

Fed Orders Goldman Sachs to Investigate Themselves

In order to sell off their mortgage unit, Goldman had to make a deal with the government

Comments | 1,035 Views

By Adam Clark Estes

Aug 22, 2011

Goldman Sachs Stock Drops After CEO Hires Defense Attorney

And not just any lawyer: Reid Weingarten has also defended Enron and WorldCom

Comments | 2,093 Views

By Elspeth Reeve

Aug 17, 2011

Wall Street Scandals Go Down the SEC's Memory Hole

Files related to Bernie Madoff and the 2008 crisis were lost in a sanctioned purge

Comments | 1,217 Views

By John Hudson

Jul 28, 2011

Goldman's Secret Cash Cow: Detroit Warehouses Full of Metal

The investment bank hoards aluminum and collects rent on it

Comments | 6,897 Views

By John Hudson

Jul 28, 2011

Top Bank CEOs Urge Congress to Raise Debt Ceiling

The heads of Goldman Sachs and Bank of America want a deal cut this week

Comments | 658 Views

By Erik Hayden

Jul 19, 2011

A Billion-Dollar Profit Is Disappointing at Goldman Sachs

$1.05 billion earnings, up 77 percent, does not beat analyst expectations

Comments | 933 Views

By Caitlin Dickson

Jun 10, 2011

Spatwatch

Matt Taibbi Lambasts Andrew Ross Sorkin's Goldman Sachs Defense

The Rolling Stone writer suggests Sorkin's reporting on Goldman is a conflict of interest

Comments | 5,279 Views

By Ray Gustini

Jun 10, 2011

Goldman Sachs: Too Big to Wait In Line at Shake Shack?

A rumor of a "private Goldman grill" at the always mobbed New York burger stand

Comments | 3,085 Views

By Uri Friedman

Jun 9, 2011

Regulators Wonder Whether Goldman Tried to Bribe Libya

The focus is a $50 million fee to compensate for financial losses with the firm

Comments | 1,619 Views

By Caitlin Dickson

Jun 7, 2011

Today's Best

Five Best Tuesday Columns

On life after Weinergate, China's economic supremacy, and a defense of Goldman Sachs

Comments | 1,565 Views

By Erik Hayden

Jun 6, 2011

Goldman Sachs Fighting Back on Senate Report

The firm contends a report on its role in the housing collapse relies on "sloppy math"

Comments | 690 Views

By Erik Hayden

Jun 2, 2011

Goldman Sachs Served Subpoena Over Credit Crisis

But they probably will escape criminal charges

Comments | 517 Views

By Adam Clark Estes

Jun 1, 2011

The New York Times Skirts Privacy Laws to Get Inside Goldman Sachs

After a report relied on a laptop found in a dumpster, the paper denies "hacking"

Comments | 2,072 Views

By Uri Friedman

May 31, 2011

How Goldman Sachs Made Libya's $1 Billion Investment Disappear

The episode caused a major rift between Goldman bankers and Libyan officials

Comments | 7,671 Views

By Adam Martin

May 27, 2011

Former Senator Judd Gregg to Join Goldman Sachs

He used to sit to be a ranking member on the Senate's banking committee

Comments | 2,650 Views

By Uri Friedman

May 26, 2011

The Western Banks Where Qaddafi Stashes Billions

The ruler spread the country's oil money in numerous big financial institutions

Comments | 9,119 Views

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