Goldman Sachs’ Profits Up 44 Percent; CEO Blankfein to Retire

Ken Sweet / The Associated Press Jul 17, 2018 The New York-based bank's second-quarter profits are up nearly $1 billion over the same period last year. Dig deeper ( 2 Min. Read )

Goldman Sachs Reports Surge in Profits

KEN SWEET / The Associated Press Apr 17, 2018 The investment bank says first-quarter profits rose by 26 percent, helped by a lower tax bill and market volatility. Dig deeper ( 2 Min. Read )

Elizabeth Warren Challenges Steven Mnuchin Over Glass-Steagall Remarks (Video)

Staff / Truthdig May 19, 2017 The Massachusetts senator slammed the treasury secretary for his confusing statements during a Senate Banking Committee hearing Thursday. Dig deeper ( 2 Min. Read )

Swimming With Sharks: Goldman Sachs, Schools and Capital Appreciation Bonds

By Ellen Brown, Web of Debt Feb 21, 2015 Goldman Sachs is putting the squeeze on California and its school districts. Dig deeper ( 6 Min. Read )

Revolving Door: Timothy Geithner to Join Private Equity Firm

Alexander Reed Kelly / Truthdig Nov 16, 2013 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. Dig deeper ( 1 Min. Read )

Goldman Sachs to Invest Millions in Inmate Rehabilitation

Alexander Reed Kelly / Truthdig Aug 4, 2012 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. Dig deeper ( 2 Min. Read )

Pinch Me: What Did Sandy Weill Just Say?

Alexander Reed Kelly / Truthdig Jul 25, 2012 Sanford Weill -- the former Citigroup CEO who led the charge to repeal Glass–Steagall and bring about the era of "too-big-to-fail" banks -- is stunning critics by calling for the breakup of behemoth financial institutions. Dig deeper ( 2 Min. Read )

Psychopaths Are Loose on Wall Street (Updated)

Staff / Truthdig May 14, 2012 One percent of the adult human population qualifies as clinically psychopathic, exhibiting a lack of empathy and a knack for telling lies and getting away with it. That compares with 10 percent of wheeler-dealers on Wall Street, according to a recent study. American critic William Deresiewicz is not surprised. Update: The 1-in-10 figure is unsupported. See here. Dig deeper ( 2 Min. Read )

Goldman Sachs Exec Exits With a Bang

Staff / Truthdig Mar 14, 2012 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. Dig deeper ( 2 Min. Read )

Anti-Corporate Protesters Demonstrate on Wall Street

Staff / Truthdig Sep 19, 2011 Hundreds of people remained gathered in New York's financial district Sunday as part of the Occupy Wall Street demonstration called for by Adbusters, Anonymous and other anti-corporate groups. (more) Dig deeper ( 1 Min. Read )

An Investment Manager Dishes on the Richest

Staff / Truthdig Jul 20, 2011 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). Dig deeper ( 1 Min. Read )

Big Finance Argues Its Irrelevance

Staff / Truthdig Jun 12, 2011 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) Dig deeper ( 1 Min. Read )