Category Archives: Wall Street
Goldman's Fraud: Ignorance, Meet Arrogance
In sifting through the reams of damning documents and news stories that have surfaced over the past three days, it is perversely comforting to rediscover the icky truth behind financial implosions in general and the subprime debacle in particular: no … Continue reading
Filed under Billionaires, Business, Wall Street
The Third World is a Bastion of Billionaires
Forbes Magazine is out with its annual round-up of the world’s super-rich and whaddya know, a surprising number of heavy-hitters can be found in that part of the planet we used to refer to as “the third world.” “Third” being … Continue reading
Filed under Billionaires, Business, Wall Street
Goldman Sachs Tries to Make Nice, Blows It
Goldman Sachs, the poor little rich kid of investment banks, announced today that their top execs were receiving their year-end bonuses exclusively in the form of company stock. No cash, only shares of their very own GS. Furthermore: The award … Continue reading
Filed under Business, Wall Street
