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Goldman’s Revenue Top Forecast; No Surprise

The New York Times reported that Goldman Sachs’ (GS) earnings rose 91 percent in the first quarter of 2010 to $3.46 billion, with revenues increasing 36 percent to $12.78 billion.  This could have been...

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Obama Castigates Bankers, But Keeps Goldman Money

Two stories were reported today relating to President Obama and the investment bank, Goldman Sachs.  The one that got the most publicity was the President’s speech at Cooper Union College, lower...

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Obama Scapegoats Goldman Sachs

The Obama Administration has proven adept at riding (creating?) one crisis after another in pursuit of a political agenda.  Before we get to the latest one, investment banks, let’s review what we have...

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Congressmen Bet Against the Stock Market

It was amusing watching members Congress last week take Goldman Sachs (GS) to the woodshed in the Congressional hearings.  First, it showed how little these folks know about the workings of investment...

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