Michael Shulman submits:
Goldman Sachs (GS) never seems to generate less than a headline a day, from bonuses or muted bonuses, to deals with the Greek government to hide debt. As the headlines continue, the question investors have to ask is…
On Tuesday night, I ventured out of my SEC filings hidey-hole to attend a party to mark the publication of “Money for Nothing” a new book by John Gillespie and David Zweig. The book focuses on a problem we’ve written…
Which is why this story– Maybe Goldman Sachs Will Make Its Employees Give Money To Charity, Maybe It Wont, It’s All Relative– was leaked to the media. Here’s the rub: as you may have noticed, Goldman’s had a tough go…
$$$ Barclays hands out pay rises to investment bankers (some of 150%) [The Guardian]
$$$ Goldman Sachs Responds to The New York Times on Synthetic Collateralized Debt Obligations [GS]
$$$ A bunch of former Bear Stearns employees got drunk together in midtown. [Bloomberg]
$$$ That’s it for us. We…
(CCN Englewood Cliffs NJ)
With The Dow at new highs of 10440, CNBC¹s resident revisionist historian Jim Cramer encouraged what remains of his audience To “Buy! Buy! Buy!” recommending the purchase of Williams Sonoma (WSM $22) who sells over-priced culinary…
At the star-studded party for Andrew Ross Sorkin’s Too Big Too Fail, people spent most of their time whispering about which big financial names were there.
And when calling out the Jamie Dimons and the John Macks, Rodge Cohen’s name was near…
It’s incredible. Even with all the ill will towards hedge funders and bankers following the financial crisis, defendants can still get a fair trial.
The two Bear Stearns hedge fund defendants, Ralph Cioffi and Matthew Tannin, have been found not guilty…
Jim Rogers has told the Financial Times he wants more banks taken out back and shot, or left to die on the side of the road like Lehman, which was the only thing the government has ever done right. Who will…
“Letting Lehman fail was perhaps the only thing governments have done right during this whole drama,” Jim Rogers says in brief statement to the Financial Times today.
Rogers argues that the government’s actions to rescue Long Term Capital Management ten years…
David Denby of the New Yorker wrote a favorable review of “American Casino,” a documentary about the financial bubble by Andrew and Leslie Cockburn.
Andrew Cockburn is a long-time friend who has done a great job of reporting the financial crisis…
