E-mails show Goldman boasting as meltdown unfolds (AP)
E-mails released Saturday morning show top executives at Goldman Sachs Group Inc. boasting about the money the firm was making as the national housing market collapsed in 2007. us.rd.yahoo.com |
Chuck Jaffe: Stay in the market but avoid this stock exchange (at MarketWatch)
Given the stock market's weakness lately, many investors are wondering if they should be in the market at all. But if being 'in the market' means buying shares of NYSE Euronext Inc. the world's premier venue for trading public companies, then indeed it's time to get out. us.rd.yahoo.com |
Goldman swallows 拢17.5m of humble pie
[at Financial Times] - Goldman Sachs GS had a choice when settling a five-month investigation by the UK's financial regulator launched in the wake of a high-profile US fraud case: swallow a large fine or accept a potentially more withering -critique of its compliance practices. us.rd.yahoo.com |
HSBC puts 'safe pair of hands' at top
[at Financial Times] - Given the hostile reaction that greeted the appointment of Bob Diamond as Barclays' chief executive just a few weeks ago, the news that HSBC is to hand its most senior investment banker the top job would be expected to send shudders through political circles. us.rd.yahoo.com |
High-Yield Sector Extends Monthly Rally
[Indie Research] - While several high-yield sectors have rallied over the past week, some distribution plays have staged an impressive run of late. us.rd.yahoo.com |