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Latest Headlines

Latest Headlines

How onerous would a Goldman Sachs' settlement be?

The world assumes that Goldman Sachs ( NYSE: GS ) has begun settlement discussions with the SEC ( SEC news), regarding the charges that it fraudulently sold a collateralized debt obligations ( CDO news) to unsuspecting customers. How much would it cost the firm? The estimates have ranged f

Citi's research move a good idea

Citi  has confirmed that it is indeed moving its stock research unit out of Smith Barney, where it was placed following the stock research scandals of yesteryear, and back into institutional clients' business. It will become part of a new research unit that will combine fixed income and economi