goldman-sachs

BP Has a Friend In Goldman Sachs

Jeff Neumann · 06/15/10 05:12AM

Grab your pitchforks! Multinational oil company BP has reportedly hired financial advisors from Goldman Sachs to help with the "mounting liabilities" the firm is facing from the Gulf oil spill. BP has denied rumors it is going bankrupt.

Report: Peaceful China Makes America Look Like Congo

Jeff Neumann · 06/11/10 03:45AM

A new report called the Global Peace Index says that America is one big, violent place. So what exactly is taken into account when deciding which countries are the most peaceful, and where does America stand? Let's take a look.

Comment of the Day: BP Wins!

Richard Lawson · 06/08/10 05:29PM

Today we asked you a hard question: Which company is worse, BP or Goldman Sachs? It's a toughie! And you guys were understandably split. One commenter, though, made a clear and compelling case for BP to win the poop crown.

Goldman Sachs Is Perfect

Hamilton Nolan · 05/10/10 10:46AM

Goldman Sachs reports that they didn't lose money on a single trading day in the first quarter! And on more than half of the days, they netted more than $100 million! Goldman Sachs can't be beat! [BusinessWeek]

Warren Buffett Defends Goldman Sachs

Ravi Somaiya · 05/01/10 01:05PM

Buffett — who it is worth pointing out invested $5bn in Goldman at the height of the financial crisis — mounted what the WSJ call a "vigorous defense " of the company, saying he did not believe they had acted improperly.

Goldman Sachs' Worst Week Ever

Remy Stern · 04/30/10 05:31PM

The week didn't end well for Goldman Sachs. Following news a criminal probe of the firm is now underway, shares of its stock plunged nearly 10% today, "which translates to a one-day loss in company value of $8.1 billion." [WaPo]