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Goldman Sachs Group Inc. (GS)

  • Mar. 16, 2010, 9:02 AM
    Size matters, at least for Goldman Sachs (GS) and JPMorgan (JPM). The two are using their dominance in the OTC derivatives market to force hedge funds to put up more cash collateral while Goldman and JPM put up less of their own. This is generating billions of dollars in cheap funding for the two firms.
    | Mar. 16, 2010, 9:02 AM | Comment!
  • Mar. 15, 2010, 4:33 PM
    Notwithstanding media negativity, Goldman Sachs (GS) remains "the best investment bank in the world," yet it trades for less than 10x 2010 earnings - a discount to Bear Stearns and Lehman's valuation pre-crisis. "How does that make any sense?" Peridot Capital founder Chad Brand asks. "Has the credit crisis not proved that Goldman traded at a premium for good reason?"
    | Mar. 15, 2010, 4:33 PM | 2 Comments
  • Mar. 12, 2010, 11:22 AM
    Goldman Sachs (GS +1.6%) says it has never used the "Repo 105" transactions that reportedly let Lehman Brothers (LEHMQ.PK +13.9%) make assets disappear from the balance sheet. The tactic let Lehman classify repurchases as sales and use the cash to pay down other liabilities, hiding the firm's true leverage.
    | Mar. 12, 2010, 11:22 AM | 3 Comments
  • Mar. 10, 2010, 6:10 PM
    Impact from a "Volcker rule" (placed in a Senate bill introduced today) may already be accounted for in Goldman Sachs' (GS +1.8%) price, which "overly discounts the impact of even the strictest regulation being considered," says Bernstein's Brad Hintz.
    | Mar. 10, 2010, 6:10 PM | Comment!
  • Mar. 10, 2010, 7:33 AM
    The Senate is nearing a deal to create a $50B fund from fees on large financial firms (like GS and C) that are deemed to be a systemic risk. The money would be used to wind down a failing firm, with the FDIC taking primary responsibility for that process.
    | Mar. 10, 2010, 7:33 AM | 5 Comments
  • Mar. 10, 2010, 7:25 AM
    Regulators tell banks not to increase their dividends or buy back shares until there's more clarity on economic growth and regulatory changes. It's unwelcome news to investors in healthier financial firms like JPMorgan (JPM) and Goldman Sachs (GS).
    | Mar. 10, 2010, 7:25 AM | 2 Comments
  • Mar. 8, 2010, 10:16 AM
    Goldman Sachs' (GS) list of the 10 most-loved hedge fund stocks: Apple (AAPL), Pfizer (PFE), Bank of America (BAC), Google (GOOG), JPMorgan Chase (JPM), Microsoft (MSFT), Mastercard (MA), Directv (DTV), Wells Fargo (WFC), CVS Caremark (CVS).
    | Mar. 8, 2010, 10:16 AM | 5 Comments
  • Mar. 5, 2010, 8:46 AM
    CEOs at Canadian banks saw their pay rise 10% in 2009 as they avoided the writedowns and bailouts that pummelled their U.S. peers. TD (TD) Edmund Clark, whose $10M take topped Lloyd Blankfein's (GS) $9.6M, explains: "In Canada we don't switch flavors every year... we never had the extremes on the upside and, not surprisingly, we didn't have the collapse on the downside."
    | Mar. 5, 2010, 8:46 AM | Comment!
  • Mar. 2, 2010, 1:52 PM
    Say what you will about Goldman Sachs (GS) - and its detractors have plenty to say - it's a money-making machine. According to SEC filings, the bank made at least $100M in net trading revenue on 131 days last year, shattering its 2008 record for 90 days making $100M+ revenue.
    | Mar. 2, 2010, 1:52 PM | 6 Comments
  • Mar. 1, 2010, 1:30 PM
    For the first time since July, Goldman Sachs (GS) - which usually sells debt in January - plans to sell $2B in 10-year notes, to price later today. The company sold $1B in three-year notes at 3.625% last summer.
    | Mar. 1, 2010, 1:30 PM | 1 Comment
  • Mar. 1, 2010, 9:49 AM
    Goldman Sachs' (GS) board rejects demands from shareholders that it investigate recent compensation awards, recoup excessive compensation and reform pay practices. The firm says its compensation policies were "appropriate." (SEC filing)
    | Mar. 1, 2010, 9:49 AM | 3 Comments
  • Feb. 26, 2010, 8:30 AM
    The Financial Crisis Inquiry Commission plans to put bank execs back on the stand, saying last month's questioning of Lloyd Blankfein (GS), John Mack (MS), Jamie Dimon (JPM) and Brian Moynihan (BAC) wasn't the end of the process for them.
    | Feb. 26, 2010, 8:30 AM | 3 Comments
  • Feb. 25, 2010, 5:53 PM
    Buy U.S. bonds over bunds, Goldman Sachs (GS) says, figuring Treasurys will outperform German debt as yields have topped: "Investors have not fully taken on board the ongoing decline in core inflation."
    | Feb. 25, 2010, 5:53 PM | Comment!
  • Feb. 25, 2010, 10:55 AM
    Goldman's (GS) Greek swaps aren't the only issue in the country's debt concealment; Greece went on a spree of mythologically named securitization deals in 2000 and 2001 that may have amounted to a "garage sale on a national scale."
    | Feb. 25, 2010, 10:55 AM | 1 Comment
  • Feb. 25, 2010, 9:29 AM
    The Fed and SEC are both looking into accusations Goldman Sachs (GS) has placed bets on a Greece default, Bernanke says in his second day of testimony.
    | Feb. 25, 2010, 9:29 AM | 1 Comment
  • Feb. 22, 2010, 9:39 AM
    Though Goldman Sachs (GS) may have arranged the largest of the contracts, sources say Greece had swap agreements with as many as 15 securities firms.
    | Feb. 22, 2010, 9:39 AM | Comment!
GS vs. ETF Alternatives
Company Description
Goldman Sachs Group Inc is a investment banking, securities and investment management firm. Its segments include Investment Banking, Trading and Principal Investments, Asset Management and Securities Services.