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The Teflon is wearing thin, and the credit crisis is sticking it to Goldman Sachs hard. We noted this week that at least one analyst now predicts a fourth quarter loss, which would be the firm's... Read more...
The one area where Goldman Sachs really stumbled in 2007 was in hedge funds. The gilded firm is not used to this kind of press: Goldman Sachs leads hedge fund stragglers. According to Financial News... Read more...
There have been conflicting reports as to how much money Goldman Sachs intends to raise for its splashy new hedge fund launch. Whether it's $6 billion or $10 billion or somewhere in between, it will... Read more...
The one area where Goldman Sachs has taken its lumps along with everyone else is hedge funds. The woes of its flagship Global Alpha and the bailed out Global Equity Opportunities Fund have been well... Read more...
The New York Times likens Goldman Sachs proprietary traders to American Idol finalists. The list of "winners" who went on to fame include the likes of Daniel Och of Och-Ziff Capital and Eric Mindich... Read more...