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'We participated in things that were clearly wrong and have reason to regret,' Lloyd Blankfein said. 'We apologise.' The head of Goldman Sachs has apologised for the Wall Street titan's role in helping to create the financial crisis. After being ridiculed for saying he was doing God's work, and having seen his company labelled as a bloodsucking vampire squid , Lloyd Blankfein yesterday delivered ...
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Lloyd C. Blankfein, chief executive of Goldman Sachs, the bank to bash on a resurgent Wall Street, is receiving a lot of advice lately, and it’s not just about money.
Key housing sector data may provide direction for Wall Street in the coming week as the market looks for confirmation of economic recovery and girds for the year-end holiday period.
In case you missed them, here are the top 10 Personal Finance stories from MarketWatch for the week of Nov. 16-20.
WASHINGTON — The federal government has decided to abandon a Bush administration plan that would have permitted mutual fund companies and brokerage firms to offer investment advice to 401(k) customers.
SUNY Oswego economics professors will gather for a panel discussion on campus, Wednesday, to discuss the United States’ current financial crisis.
Wall Street continued the previous decline Friday, after the technology giant Dell posted disappointing earnings and European Central Bank (ECB) President Jean-Claude Trichet said policy makers will w...
Once there was a simpler time, when pretty much everything that happened in the financial world had a straightforward explanation.
At the start of this summer we faced the worst stage of our financial crisis. News was saturated with continuous Wall Street woes, business’ crumbling and storefronts becoming vacant. Jobs were lost every Friday, as it became the worst day of the week rather than the one people looked forward to.
“Sensate,” a three-hour “dance installation” ending this weekend at the Brooklyn Lyceum , was inspired by Ahern’s reading of Friedrich Nietzsche , the 19th-century philosopher who created the idea of the “superman.”
Fossil carbon dioxide emissions increased by 40 percent from 1990 to 2008, according to new findings. Coal has bypassed oil as the largest source of CO 2 emissions.
NYSE governor Thomas Kay (L) and floor official Anthony Sherman prepare for the IPO of Chinese discount hotel chain 7 Days Group Holdings Ltd on the floor of the New York Stock Exchange, November 20, 2009.
U.S. stocks fell for a third straight day on Friday, after hitting 13-month highs Tuesday. The Dow ended the week up 0.5 percent because of steep gains Monday following an improvement in retail sales. The S&P 500 dropped 0.2 percent to cap its first weekly decline since October and the Nasdaq lost 1 percent for the week. &$ &$Traders are pictured at their desks in front of the DAX board at the ...
HA NOI — The VN-Index closed off by 0.75 per cent yesterday to close out the week at 555.84 points.
“The struggle of man against power is the struggle of memory against forgetting.” So wrote Milan Kundera in “The Book of Laughter and Forgetting.”
He's not going to do it," Paulson told Geithner in amazement. "He said he didn't want to 'import our cancer .'" That's the US treasury secretary telling the head of the New York Fed that Alistair D...
