• Goldman Sachs has posted its first quarterly loss since becoming a public company. The bank says it lost $2.1 billion during the fourth quarter. [CNN]
• BoA is cutting a number of top execs as it merges with Merrill. [WSJ]
• More on Bernie Madoff's biggest losers: Tremont Group had $3.3 billion, or more than half its assets, invested with him. [Bloomberg]
• Madoff's sons do not appear to have been involved in the scam. [NYT]
• Arthur Levitt denies he gave Madoff special treatment as ex-SEC chair. [NYP]
• A fresh fraud: Daniel Laikin, the CEO of National Lampoon, has been charged with securities fraud. [DB]

1. Join former S.E.C. Commissioner Arthur Levitt for a discussion on corporate fraud (and perhaps, the resulting state of your portfolio) at the Union Square Barnes & Noble.
2. Catch Vincente Minnelli's 1958 musical, Gigi, on the big screen at Ames Auditorium.
3. View Warhol drawings and prints from the '50s at the Sheehan Gallery.