Goldman Sacs

When the greed, recklessness, and illegal behavior on Wall Street drove this country into the deepest recession since the 1930s, the largest financial institutions in the United States took every advantage of being American. They just loved their country - and the willingness of the American people to provide them with the largest bailout in world history. In 2008, Congress approved a $700 billion gift to Wall Street. Another $16 trillion in virtually zero interest loans and other financial assistance came from the Federal Reserve. America. What a great country. Read more...
Janet and Jim Baker are fighting Goldman Sachs over its work in 2000 - or lack thereof - on the all-stock sale of their business, Dragon Systems, to a company that later collapsed, leaving them shut out. NYT: THE business deal from hell Read more...
Good-bye Wall Street: Cities like Jacksonville, Fla., and Salt Lake City are where the new finance jobs are these days. To save money, some of New York’s and London’s biggest investment houses are outsourcing jobs, not overseas but Read more...