The Great Debate UK

from Commentaries:

Goldman’s real estate gambit

July 28, 2009

Matthew Goldstein.jpgIs history repeating itself at Goldman Sachs?

In late 2006, Goldman shrewdly began backing away from the residential mortgage market. With little fanfare, the firm began aggressively hedging its exposure to home loans, in particular mortgages to borrowers with shaky credit histories.

from Commentaries:

Goldman’s “True Blood” moment

July 13, 2009

matthewgoldstein-Matthew Goldstein is a Reuters columnist. The opinions expressed are his own.-

Goldman Sachs CEO Lloyd Blankfein has an image problem on his hands.

The most ardent critics of his firm are likening it to a blood-sucking vampire, while others simply see the Wall Street investment bank as a greedy and ruthless financial titan. But there is a way for Blankfein to start turning public opinion around, and that involves a quick buyout of ailing mid-market lender CIT Group, which provides financing to some retailers, manufacturers and aviation operators.

from The Great Debate:

Was Goldman’s trading software stolen?

July 5, 2009

Matthew Goldstein--Matthew Goldstein is a Reuters columnist. The views expressed are his own.--

Did someone try to steal Goldman Sachs' secret sauce?

While most in the United States were celebrating the Fourth of July holiday, a Russian immigrant living in New Jersey was being held on federal charges of stealing secret computer trading codes from a major New York-based financial institution.

Credit Suisse shows Swiss banking lives

April 23, 2009

REUTERS– Margaret Doyle is a Reuters columnist. The opinions expressed are her own –

from The Great Debate:

Goldman’s TARP out: give up ALL state aid

April 22, 2009

goldman-crop -- Jonathan Ford is a Reuters columnist. The views expressed are his own --

Goldman Sachs wants to do its duty by the American people and give them their TARP money back. Some spoilsports have urged the government simply to say no because allowing the investment bank to repay the cash would make other banks look bad.

from The Great Debate:

Beware Goldman’s “dutiful” TARP repayment

April 15, 2009

(Republished to clarify time period of data in fifth paragraph)

Trading specialists work on the floor of the New York Stock Exchange trading shares of Goldman Sachs, in New York, April 14, 2009. REUTERS/Chip East Patriotism, as Dr Johnson once observed, is the last refuge of a scoundrel. So when you hear words like "duty" drip from the lips of a senior executive at Goldman Sachs, you instinctively count the spoons.

from The Great Debate:

Goldman may repay government funds but not ease U.S. grip

April 14, 2009

stock

Goldman Sachs Group Inc may succeed in its bid to pay back U.S. taxpayer money with the help of a $5 billion common share sale, but it may still not get the freedom it wants from intense public scrutiny.