Posts Tagged ‘ goldman sachs ’

Former Goldman Sachs Employee Charged With Theft of Trade Secrets

Feb 13th, 2010 | By admin | Category: Featured Articles, economic news

Filed under: Goldman Sachs Group (GS)
Former Goldman Sachs (GS) employee Sergey Aleynikov is being held on three counts of theft of trade secrets, cross-border transport of stolen property, and unauthorized computer access after he allegedly stole computer codes related to the company’s high-frequency trading programs upon his resignation in April of 2009.

According to CNBC, “Goldman [...]



Goldman’s Blankfein collects $9 million bonus

Feb 5th, 2010 | By admin | Category: Money, News

Goldman Sachs stunned many in the Wall Street community Friday by awarding chief executive Lloyd Blankfein $9 million as his year-end bonus, far less than many were anticipating, and none of it in cash.

Source



Small Banks May Get New Bailout

Sep 27th, 2009 | By admin | Category: crisis

Treasury officials and regulators are weighing a fresh round of bailouts for U.S. banks that were deemed too small or too risky to qualify for earlier aid.



G-20 Leaders Call Summit a Success

Sep 27th, 2009 | By admin | Category: crisis

Major world leaders formed themselves into a new board of directors for the global economy Friday, vowing to overhaul lax financial regulations and work harder to control dangerous imbalances that contributed to a financial meltdown.



The unemployment rate reached its highest point since 1993

Dec 6th, 2008 | By admin | Category: Jobs, economic news

As bad as the headline numbers in Friday’s employment report were, they still made the job market look better than it really is.



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