Topic: Goldman Sachs Group Inc.

Goldman execs get big 2009 fund payouts

NEW YORK (Reuters) - Goldman Sachs Group Inc <GS.N> CEO Lloyd Blankfein and other top executives, pressured by public outrage to slash their bonuses, still received tens of millions of dollars in distributions from an internal investment fund in 2009. Blankfein received $18.7 million in distributions from ...
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Barney Frank talking about prop trading (GS)

I give him credit, he's absolutely right.  I'm just not sure that proprietary trading is the big threat people think it is. Barney Frank was on CNBC a few minutes ago, saying that you can get an idea of a firm's proprietary trading by looking at ...
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Banks' fourth quarter trading revenue falls 66 percent

NEW YORK (Reuters) - Trading revenue at U.S. commercial banks fell 66 percent in the fourth quarter, the Office of the Comptroller of the Currency said on Friday, as uncertainty over pending derivatives legislation added to a seasonal slowdown in trading. Revenue fell to $1.9 billion from $5.7 ...
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Lawmaker seeks records on Fed Board stock ownership

WASHINGTON (Reuters) - The head of the House of Representatives' Oversight Committee said on Friday he had asked the Federal Reserve to provide all documents relating to a rule waiver that allowed then-New York Fed Board Chairman Stephen Friedman to hold and purchase stock in Goldman Sachs Gorup <GS.N ...
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