Goldman Sachs

Happy Days At 200 West Street

The news is all good, indeed, for Lloyd and Co. so far this week. Goldman has once again demonstrated its dominance amongst its “peers,” being named the “stabilization agent” for a $20 billion-plus IPO. Read more »

Goldman Tells Potential Partners Not To Get Their Hopes Up

Once again, there will be fewer partners and potentially more David Teppers at Goldman later this year: The Elect plan to add no more than 70 to their number in the bi-annual life-changing ritual, unless an extra few really, really impress Michael Sherwood over the next couple of months. For new partners not only crowd the inner circle—they also cost a great deal. And if the 409 already at the pinnacle are going to continue to rake it in exercising stock options, those costs need to be kept down. Read more »

Goldman Sachs Gets A Presidential Pat On The Head

President Obama took a little trip to a Bay Area Wal-Mart on Friday to tell Goldman Sachs that it’s doing God’s work. But it already knew that. Read more »

Looks like Jamie Dimon isn’t the only banker who isn’t reading Flash Boys. Read more »

It’s not that Goldman Sachs wouldn’t put Xi Jinping’s kid on the payroll. It’s just that the bank won’t be so painfully obvious about why. Read more »

Small Victories: Sergey Aleynikov Edition

Goldman Sachs does not have to pay the people trying, at its behest or otherwise, to put former programmer Sergey Aleynikov in jail (again). But it does have to pay to try to keep him out of jail. For now. Unless he does go to jail (again). Then all bets are off. Which is good for old Sergey (for now), because, as you might imagine, given the ordeal he’s been through, he’s broke. Read more »

Lloyd & Co. (don’t forget Gary!) are doing their part—and then some—to make regulators feel better about things. Read more »