Inflation Hedges, Startups, Madoff's Playbook, Beginner's Mind, ESG Pushback, Central Banking in the 1790s ...
Thoughts on the counterproductive initiation ritual of working crazy hours and the tendency many people have to conflate face time with commitment and productivity ...
Executive compensation has always been a highly controversial topic. Shareholders of public companies have often been critical of pay packages that appear to have little connection to underlying business performance while politicians and activists have criticized high executive pay in ...
Warren Buffett is still interested in "shooting elephants" but is not interested in issuing Berkshire Hathaway shares to fund acquisitions. Read this article for a brief review of Mr. Buffett's recent comments and to view a CNBC interview ...
Goldman Sachs has announced that the Federal Reserve has granted approval for the company to redeem Berkshire Hathaway's $5 billion investment in Goldman's 10% cumulative perpetual preferred stock. The investment was made on October 1, 2008 at the height of ...
Despite paying the largest penalty ever assessed against a financial firm by the Securities and Exchange Commission, Goldman Sachs is still an attractive target for government panels investigating the financial crisis. Goldman agreed to pay a $550 million settlement on ...
Berkshire Hathaway’s investment in Goldman Sachs at the height of the financial crisis represented a major vote of confidence that enabled Goldman to raise additional equity from investors. The September 2008 deal involved $5 billion in Goldman Sachs perpetual preferred ...
Goldman Sachs has served as a political piñata for so long that many observers may be tempted into believing that Friday's fraud charges brought by the Securities and Exchange Commission should be viewed as just another part of the political ...
Yesterday, we discussed a number of lessons that must be learned from the financial crisis. In a “Tea with The Economist” interview shown below, a Goldman Sachs board member provides his insights regarding leadership during a crisis and financial reforms ...
Most outside observers had difficulty keeping up with all of the momentous events of the weekend of September 14-15, 2008 with all of the twists and turns that finally led to Lehman Brothers' historic bankruptcy filing, Bank of America's purchase ...
In the Fortune magazine interview shown below, Goldman Sachs CEO Lloyd Blankfein provides his insights on the overall economy, prospects for job growth, and the controversy surrounding his firm's compensation practices. Read this article for some background information and to ...
In what appears to be a downgrade based mostly on a macro call for economic recovery, Goldman Sachs downgraded Wal-Mart stores today from "buy" to "neutral" and lowered the price target on the stock to $56 from $58. While I ...
While the strong first quarter results posted by Goldman Sachs on Monday seemed to surprise most observers, it really comes as no surprise that the firm is now seeking to free itself from the shackles of the TARP financing that ...