A variety of links to articles/interviews on current topics that may be of interest.
Lakeside Diner |
| By: SouthernDragon Thursday January 19, 2012 4:45 am |
FDL Book Salon Welcomes William Cohan, Money and Power: How Goldman Sachs Came to Rule the World |
| By: Jeff Madrick Saturday December 17, 2011 1:59 pm |
Perhaps we should begin with an offering from Goldman Sachs he covered closely, the Abacus deal, for which Goldman was fined. Mr. Cohan, please explain whether you believe Goldman was guilty of unethical or illegal activity in the sale of Abacus. Ultimately, I hope we get your views on why there have been no convictions, and why.
Bloomberg: Paulson Delivered Inside Information on GSEs to Cronies |
| By: David Dayen Tuesday November 29, 2011 9:45 am |
Bloomberg News has another blockbuster story today on the heels of its release of information about Federal Reserve bailouts. Here they have former Treasury Secretary Henry Paulson essentially aiding and abetting an insider trading scheme while in office. But will there be prosecutions?
Morning Hot Links |
| By: Scarecrow Wednesday November 23, 2011 6:30 am |
With the holiday coming up, we’ve asked one of our excellent commenters, fatster, to suggest stories and links for a morning post. Our regular readers have been enjoying fatster’s contributions for a long time, so why not put them in a post? So . . . here are fatsters hotlinks for today. Goldman Sachs might [...]
US Banks Exposed to European Crisis, But They’re Not Saying How Much |
| By: David Dayen Wednesday November 16, 2011 7:10 pm |
The problem for the United States is that there’s no understanding of how much exposure US financial firms have to the expected fallout, especially if there’s a default event. JPMorgan Chase and Goldman Sachs announced their overall derivatives risk from sovereigns today, but wouldn’t pinpoint how much of that comes from Italy or Spain.
Apparently What Broadcast News Needs Is the Perspective of More Wall Street Elites |
| By: Jon Walker Monday November 14, 2011 4:03 pm |
Given the absence of perspectives from America’s elites, NBC is taking extraordinary steps to rectify this problem by hiring Chelsea Clinton to be a corespondent, despite the fact that she has no professional experience as a journalist or TV producer.
Bank of America Dumps Swap Risk in Pursuit of Inherent Right to Make a Profit |
| By: masaccio Thursday October 20, 2011 1:30 pm |
Bank of America has a right to dump risks onto other people if it helps exercise its right to make a profit.
Goldman Chief Economist Predicts Unemployment Rising in 2012 |
| By: Jon Walker Wednesday October 5, 2011 9:45 am |
Economists at Goldman Sachs now put the odds of the United States officially slipping back into recession at roughly 40 percent. They also forecast that even without a technical recession, stalled growth could force unemployment to rise in 2012. It is extremely hard to imagine how Obama could win in 2012 if the unemployment crisis actually gets worse as we get closer to November.
Goldman Slapped on Wrist by Fed over Robo-Signing |
| By: David Dayen Thursday September 1, 2011 1:00 pm |
Now we know what that plea by Goldman Sachs to “end robo-signing” was all about. It wasn’t just the New York banking regulator, but the Federal Reserve which sanctioned Goldman over their foreclosure practices today.
Republicans Pounce on Solyndra Bankruptcy; Company Got Recovery Act Loans |
| By: David Dayen Thursday September 1, 2011 8:10 am |
Lots of attention is being paid to the shuttering of Solyndra, a solar company that received federal loans from the Energy Department in the Recovery Act, and took part in a visit by the President last year.


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