Friday, November 20th, 2009

Posts Tagged ‘ Goldman Sachs ’

Capitalism is alive and well

Nov 20th, 2009 | By Andrew Snyder | Category: Notes From the Investment Underground

Baltimore – (TFN): Hallelujah, the markets work! You have no idea how happy I was this morning when I opened the Wall Street Journal and found an article detailing Goldman Sachs shareholder anger at the recent bonus payouts.

Now, I don’t care who makes what. That’s between bosses and their worker bees. But I do get a little peeved when Uncle Sam tries to tell some worker he can’t get paid per his contract.



Goldman Sachs – Defending the biggest kid on the block

Nov 19th, 2009 | By Bill Bonner | Category: Financial News, Top Story

Resident voice of reason at The Daily Reckoning, Bill Bonner takes a hard look at Goldman Sachs and replaces jealousy with admiration.
“We pick up sword and shield, ready to fight for Goldman, after reading the Financial Times. The FT has devoted a whole page to Goldman bashing. It’s time someone stood up to say a kind word for the firm.”



Should we Fire the Fed?

Nov 18th, 2009 | By Andrew Snyder | Category: Top Story

All eyes and ears are on the Fed this week. With Bernanke in New York discussing potential new bubbles and the New York Fed getting heat for overpaying AIG’s many creditors, investors are having a tough time knowing exactly who to follow.

For those of you who hold up the “Fire the Fed” signs, move over. I am thinking about joining your camp.



With Its Economy Ignited by Stimulus Spending, China Is Leading the Global Recovery

Aug 3rd, 2009 | By Jason Simpkins | Category: Emerging Markets, Financial News

China’s economy grew by 7.9% in the second quarter, exceeding most analysts’ expectations, and lending credence to Beijing’s goal of 8% annual growth. Now, with the nation awash in liquidity and the economy picking up steam, the only task ahead of the central government is deciding when to rein in lending and let the economy stand on its own two feet.



Wobble Time

Jul 29th, 2009 | By James Howard Kunstler | Category: Financial News, Politics & Economics

The cat let out of the bag last week — a frazzled, flaming, rabid, death-dealing cat — was the news that Goldman Sachs announced impressive second-quarter profits, and set aside $18 billion or so for employee bonuses averaging $600,000 per head (though, of course, not evenly distributed among them).



Bill Bonner: Goldman Sachs Behaves “Like a Welfare Queen in a Pink Cadillac”

Jul 21st, 2009 | By Contrarian Profits | Category: Notes From the Investment Underground

Goldman earned more than $1 billion a month in the second quarter – much of it from scavenging on fixed income, currency and commodities deals created by the credit crisis.



A Bonus Too Far (Bankers on Borrowed Time)

Jul 21st, 2009 | By Justice Litle | Category: Financial News

Did Goldman Sachs get too greedy this time? If so, the gravy train could be coming to an end…



The Zero-Sum Game of Speculation

Jul 17th, 2009 | By Bill Bonner | Category: Politics & Economics

“Chinese economy bounces back,” says one headline in theInternational Herald Tribune.

“JPMorgan profit soars despite downturn,” says another.



JPMorgan, Goldman Sachs Profit Surge is an Accounting Mirage, Not a Sustainable Sector Trend

Jul 17th, 2009 | By Jason Simpkins | Category: Financial News

It takes more than two to make a trend.  JPMorgan Chase & Co. (NYSE: JPM) yesterday (Thursday) became the second major U.S. investment bank – following Goldman Sachs Group Inc. (NYSE: GS) – to this week report windfall profits for the second-quarter. That’s helped fuel a four-day advance in U.S. stocks that’s seen the Dow Jones Industrial Average surge 7%.



$1.1 Trillion Deficit, Why the Euro is Still Down, Eating the Rich, Tech Convergence and More!

Jul 15th, 2009 | By Ian Mathias | Category: Financial News, Politics & Economics

The tragic story the media missed… the biggest deficit in the history of money… Dollar weakens, yet euro stands still… Bill Jenkins on the true valuation of these monies.. . Bill Bonner on Congress’ latest “eat the rich” legislation… Our tech adviser shows a powerful example of a coming computing breakthrough