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September 17, 2014
Truthdig: Drilling Beneath the Headlines
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Tag: Investment Banking


Medill DC (CC BY 2.0)

Revolving Door: Timothy Geithner to Join Private Equity Firm

The former U.S. Treasury secretary whose bailout policies continue to ensure economic recovery works only for the richest Americans will join private equity firm Warburg Pincus in March as president and managing director.

Posted on Nov 16, 2013 READ MORE



activefree (CC BY 2.0)

Goldman Sachs to Invest Millions in Inmate Rehabilitation

Goldman Sachs has announced its intention to invest $9.6 million in a prisoner rehabilitation program at New York City’s notorious Rikers Island jail in a move that could net the company a $2.1 million return.

Posted on Aug 4, 2012 READ MORE



AP / Mark Lennihan

Goldman Sachs Exec Exits With a Bang

We’re guessing that outgoing Goldman Sachs executive director Greg Smith’s last day on the job Wednesday was pretty awkward, given what he had to say about his employer in a scorching Op-Ed article printed in The New York Times for the occasion.

Posted on Mar 14, 2012 READ MORE



Flickr / PeterJBellis

An Investment Manager Dishes on the Richest

Rarely do we get to hear criticism of the American oligarchy from within the ranks of its crowning institution: the financial services industry. This anonymous author, who handles investments for the wealthiest 1 percent of Americans, takes us on a brief tour of numbers ... (more)

Posted on Jul 20, 2011 READ MORE



Flickr / woodleywonderworks

Big Finance Argues Its Irrelevance

Don’t mistake the claims of relative unimportance coming from the big shots on Wall Street before an audience of federal regulators over the past several months for some sort of newfound humility. (more)

Posted on Jun 12, 2011 READ MORE


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