Staff / TruthdigApr 27, 2010
Tuesday was not a fun day to be a top executive at Goldman Sachs Sen Carl Levin and his posse from the Permanent Subcommittee on Investigations made sure of that during a lengthy interrogation session, which included quite a zinger (continued) . Dig deeper ( 2 Min. Read )
Andy Borowitz / TruthdigApr 26, 2010
A Treasury Department spokesperson said that by performing community service as treasury secretary, Lloyd Blankfein will do less harm to the economy because he will have significantly less power than he had as chairman of Goldman. Dig deeper ( 1 Min. Read )
Staff / TruthdigDec 17, 2009
Was there ever a time when Goldman Sachs was more, um, ethical and client-centric than greedy and profit-driven, as its reputation now suggests? That's debatable, but whatever its previous corporate ethos might have been, all signs point to Goldman's current chairman and CEO, Lloyd Blankfein, as the major driving force behind the firm's push for building bigger profits quicker these days. Dig deeper ( 1 Min. Read )
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Staff / TruthdigDec 11, 2009
Goldman Sachs has had a record year in terms of employee earnings -- The Wall Street Journal says Goldman's 31,000 worker bees brought in an average of more than $700,000 each in 2009 -- and that would be better news for the firm if it hadn't been on the receiving end of major federal funding from last year's bailout. Dig deeper ( 1 Min. Read )
Robert Scheer / TruthdigNov 25, 2009
Jail, anyone? Perhaps that’s too harsh, and at any rate premature, but is anyone ever going to be held accountable for the behind-the-scenes sweetheart deals that passed tens of billions of taxpayer dollars through the AIG shell game to the very banks that caused the financial meltdown? Is anyone ever going to be held accountable for the sweetheart deals that passed billions of taxpayer dollars through the AIG shell game to the banks that caused the meltdown? Dig deeper ( 4 Min. Read )
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