Goldman Sachs

  • 11 Jul 2014 at 12:21 PM
  • Banks

Goldman Sachs Also Did Not See Germany 7, Brazil 1 Coming

It didn’t see a lot of things coming in this World Cup. And even the things it did see coming (Argentina in the final), it changed its mind on after it did so badly seeing things coming in the group stage. Read more »

That’ll teach’em. Read more »

Even with just a paltry 36.11% success rate, Goldman survived a highly unpredictable first round, as the equally uninspiring Brazilians they picked to win the whole thing managed to survive Cameroon and Croatia. Read more »

  • 19 Jun 2014 at 2:01 PM

You Can Take The Mortgage Trader Out Of Bear…

Salem said he and other traders in his group didn’t mind getting paid a lower percentage of their produced revenue than other parts of the firm. Salem said he did find it “a little bit insulting” that Jeff Verschleiser, a trading executive who was hired from Bear Stearns Cos. in 2008, kept a box of toaster ovens at his desk that he would award to employees who made notable trades. [Bloomberg]

Which is why the bank is pretty confident that Goldman Sachs is totally wrong and that Spain’s highly-compensated players will repeat as World Cup champions this summer.

On a related note, ING’s pretty sure that Colombia has been spelling its name wrong for the last 200 years. Read more »

  • 05 Jun 2014 at 10:30 AM

Layoffs Watch ’14: Goldman Sachs, Etc

“Etc” being banks where “trading revenue [has] plunged,” which seems reasonable. Read more »

  • 02 Jun 2014 at 3:11 PM
  • Banks

You May Not Be Able To See How Great Goldman Is Doing, But It Can

Wall Street’s elect has it on pretty good authority that its lack of revenue growth, re: debt, forex and commodities trading is nothing to be worried about at all. Read more »