4:26am ET
Investing
AIG (AIG) Bailout And The Price Of Doing Business
One of the things that Congress and the Administration knows but do not want to admit in public is that bailouts are messy affairs where most of what is planned does not…
Companies
/Financial Services
Goldman Sachs Group Inc
$949.49
▼ $9.90 (−1.03%) today
Markets closed · 7:28pm ET
GS Coverage
Page 125
2:53am ET
Media
Media Digest 3/16/2009 Reuters, WSJ, NYTimes, FT, Bloomberg
According to Reuters, a price battle among goods makers is beginning. Reuters reports that payments to AIG (AIG) employees is causing rage among people already concerned about the bailout. Reuters reports that…
4:22pm ET
Banking, finance, and taxes
AIG (AIG) Discloses Who Received Payments From Federal Funding (I.E. Goldman Sachs (GS) Had A Good Day
After days or pressure from Congress and the public, AIG (AIG) released data about which counterparties to it credit default swap portfolio got large chunks of money from the federal government bailout…
3:10am ET
Investing
Short Sellers May Have Been Squeezed In Citi And GE, But Keep Record Level Positions
Short sellers may have taken a bath in companies such as Citigroup (C) and GE (GE), but they increased investments in many companies to record levels. At the end of February, shares…
3:06pm ET
Banking, finance, and taxes
Meredith Whitney Double-Slams Credit, Sort Of… (GS, MS, C, BAC)
Influential bank analyst Meredith Whitney just gave a Maria Bartoromo an interview on CNBC after her op-ed piece in the WSJ called credit cards and credit lines the next wave of problems…
11:36am ET
Banking, finance, and taxes
Williams Issues Private Debt (WMB, STT, GS)
The Williams Companies, Inc. (NYSE:WMB) announced this morning that it was “initiating a private debt issuance to certain institutional investors.” The notes have not been registered with the SEC and will not…
9:48am ET
Industrials
Short Sellers Back Off Buffett & Berkshire Holdings (BRK-A, AXP, BNI, KO, COP, GE, KFT, PG, USB, JNJ, GS, MCO, WFC, WMT)
Everyone wants to know what the Oracle of Omaha is up to. The great Berkshire Hathaway Inc. (NYSE: BRK-A) stock has proven to be far from immune to the woes of the…
4:17am ET
Investing
Short Sellings Move Back Into Financials, Target Industrials, Tech, And Media
Short sellers think financial stocks believe that financial stocks still have further to fall. Based on data as of February 15, short sellers kept a big bet on Citigroup (C). Share short…
5:11am ET
Industrials
In Defense Of General Electric (GE)
Investors have deserted GE’s stock over the last week like draft dodgers fleeing to Canada. The firm’s shares fell more than 20% over the five trading days, and now sit near a…
3:58am ET
Media
Media Digest 2/12/2009 Reuters, WSJ, NYTimes, FT, Bloomberg
According to Reuters, Congress is ready to pass the stimulus package. Reuters reports that Chinalco is putting $17.5 billion into Rio TInto (RTP). Reuters reports that Wall St. CEOs were attacked by…
8:55am ET
Investing
What To Expect In House Financial Grilling of Bank CEO’s (BAC, C, JPM, WFC, GS, MS, STT, BK)
There is not going to be much positive press today about the U.S. banking sectors. The top CEOs of America’s banks are going to testify before the House Financial Services Committee. Despite…
4:03am ET
Media
Media Digest: 2/9/2008: Reuters, WSJ, NYTimes, FT, Bloomberg
According to Reuters, Nissan forecast an annual loss. Reuters reports that the Treasury has delayed it bank bailout announcement. Reuters writes that Fannie Mae (FNM) and Freddie Mac (FRE) will channel new…
11:19am ET
Energy
Constellation Energy Exits North American Gas Trading Business (CEG, GS)
In its seemingly never-ending quest to raise cash, Constellation Energy Group, Inc. (NYSE:CEG) has sold its downstream natural gas trading business to the North American trading arm of Australia’s Macquarie Group. Financial…
4:06am ET
Media
Media Digest 2/5/2009 Reuters, WSJ, NYTimes, FT, Bloomberg
According to Reuters, Wall St. workers face a bleak future. Reuters reports that the Senate has agreed to a soft "buy America plan." Reuters reports that the government needs an investment plan…
1:07pm ET
Jobs
A Danger In Pay Caps: Business Failure (GS, JPM, MS, C, AIG, BAC)
Pendulums often swing too far in either direction. It has been shown that complete deregulation or total self-regulation leads to "Big Business Gone Wild." And now the pendulum in regulation over executive…