Tag:

Concessions

Latest Headlines

Latest Headlines

Goldman Sachs' new tower almost complete

Goldman Sachs is a powerful symbol. To some, it's a symbol of greed and all that is wrong with the financial system. People in the industry have a much higher opinion of the bank. There was a day when it was so coveted as a symbol of American financial might that the city of New York offered lots

Fodder for Goldman Sachs conspiracy theorists

The New York Times reports that AIG CEO Edward Liddy, while receiving just $1 in salary, holds a $3 million stake in Goldman Sachs. Liddy built the position while working as a director; he was on the audit committee. He later took the CEO job at the behest of Goldman Sachs alum and then-Treasu

Nuances in the Goldman Sachs-AIG controversy

When it was revealed that Goldman Sachs was one of the big counterparties that AIG made whole recently, some wondered why AIG felt like it had to pay full value. The thinking was that they should have asked their counterparties in these extraordinary times to accept less than full value, to take a