Posts tagged "Goldman Sachs"
Facebook’s Market Appetite Control
NEW YORK – Facebook on Tuesday closed the books of their gigantic IPO of 10.6 billion, according to a source familiar with the deal. The biggest social network is scheduled to put its shares on Thursday to begin trading on Friday. Facebook stopped accepting orders for the IPO two days ahead of schedule. The...
Top of Bonds Does Not Affect Morgan Stanley
Apparently, receiving a check for a $125,000 bonus is not as daunting as it might seem to some on Wall Street. James Gorman, the CEO of Morgan Stanley, said that his company has only lost two senior employees that established the $25,000 cap for the year-end bonuses in cash from 2011. News of the low end...
A Clash of Cultures at Goldman Sachs
Long before Goldman received the nickname “vampire squid”, it was assumed that he could “take your eyes” to their customers in order to make money. And if there was any doubt, almost two years, the case of Abacus Securities and Exchange Commission against Goldman made it clear that the company has no qualms about sacrificing...
Goldman Sachs is Toxic According to Former Executive
NEW YORK, United States – An executive of Goldman Sachs publicly renounced the company by calling it “toxic” and disrespectful in an article published Wednesday in the New York Times. “I can honestly say that the atmosphere now is more toxic and destructive than I had seen,” said Greg Smith in his “last day at...
