This past January, Goldman Sachs CEO and chairman David Solomon strode onto a stage at the bank’s lower Manhattan headquarters to launch the first “Investor Day” in the famously secretive institution’s one-hundred-and-fifty-year history. The celebration was promoted as an inspiring review of Goldman’s “strategic road map and goals,” and the presentations were replete with pledges […]
Wall Street Had Cut 68,000 Jobs and Received Trillions in Emergency Loans Prior to COVID-19 Anywhere in the World…
On March 26 Federal Reserve Chairman Jerome Powell went on the Today show to deliver one message: “There is nothing fundamentally wrong with our economy.” Recently U.S. Treasury Secretary Steve Mnuchin has appeared on the White House lawn to tell reporters that this is nothing like the last financial crisis. Fed regional bank presidents have […]
Goldman, Morgan Stanley Receive Approvals for Majority Stakes in China Ventures…
Goldman Sachs and Morgan Stanley said on March 27 they had received the final regulatory approvals to take majority stakes in their China securities joint ventures. The approvals come as policymakers and authorities step up efforts to shield the world’s second-largest economy, battered by the CCP virus pandemic. The Epoch Times refers to the novel […]
This Is the Fear Chart That the Smart Money on Wall Street Is Watching…
The chart that tells you how all of today’s economic troubles are going to end is not the bar graph of new deaths from coronavirus in Italy versus deaths in the U.S. It’s the chart that shows the number of potential deaths among the banks and insurance companies that have gorged themselves on risky derivatives […]
There Was a Bloodbath in Wall Street Banks and Insurers Yesterday…
President Donald Trump is bringing a pea shooter to a gunfight. If you look carefully at the charts on this page from yesterday’s trading bloodbath, it’s clear that there is a deep financial crisis playing out. The idea that this can be remedied with a payroll tax cut is the stuff of tooth fairies. And […]
Goldman Sachs Pleads Not Guilty to 1MDB Charges in Malaysia…
Three arms of Goldman Sachs reportedly pleaded not guilty Monday to Malaysian charges stemming from the investment bank’s involvement in the massive 1MDB scandal. A representative for Goldman entered the plea in Kuala Lumpur after a judge read out the charges related to the bank’s alleged role in raising $6.5 billion in bond sales for […]
Investors Eye Corporate Earnings as Bank of America Profits Drop 4%, Goldman Sachs Fall 24%…
Bank of America announced a 4 percent drop in net income for the final quarter of 2019, while that of Goldman Sachs fell by 24 percent. Investors, meanwhile, are eyeing numbers closely as the financial reporting season comes into full swing and income growth of firms listed on the S&P 500 in previous quarters has […]
Former Navy Secretary Richard Spencer’s Letter to Trump…
Fired Navy Secretary Richard Spencer Threatened to Quit Over Eddie Gallagher’s Trident…
Laundry Disruptor – Rudy Giuliani Sends Letter to Senator Graham Outlining Ambassador Bill Taylor Efforts to Block Witnesses…
It was evident several weeks ago that U.S. chargé d’affaires to Ukraine, Bill Taylor, is one of the current participants in the coup effort. It was Taylor who engaged in carefully planned text messages with EU Ambassador Gordon Sondland to set-up a narrative helpful to Adam Schiff’s political coup effort. Bill Taylor was formerly U.S. […]
- « Previous Page
- 1
- …
- 3
- 4
- 5
- 6
- 7
- …
- 14
- Next Page »