Results tagged “Goldman” from Dealbreaker

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The Unbearable Lightness Of Goldman

Can you imagine the urgency with which Goldman will now seek to emerge from under the TARP? UBS AG, the Swiss bank which received government assistance, will stick to a policy of paying market wages after being criticized for raising...

Bought The Waiver

You will recall, no doubt, our puzzlement at the recent payment by Goldman to make "go-away" with this subprime business (in Massachusetts anyhow). We are even more puzzled now that Bloomberg is reporting how little Massachusetts Attorney General Martha Coakley...

The Secret Goldman Decoder Ring

We aren't sure if Goldman took lessons from Greenspan, or if Greenspan learned from Goldman, but either way, the density of the Goldman discourse on a given AIG question reaches neutron star levels while entropy is impossibly high. Consider this...

One Giant Leap

I don’t know where we were when this groundbreaking news hit the wire but on a conference call yesterday afternoon, the London based hedge fund called Peloton Partners apologized to investors for losing billions of dollars. Apparently this is a...

Another Alphabet Soup Ready To Run Off The Rails

If it's a day that ends in the letter y, it's probably time to learn about problems in another dark corner of the credit markets. On the lesson plan for today are financial creatures known as variable interest rate entities....